Myanmar - Lifting, Handling, Loading Or Unloading Machinery - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Myanmar - Lifting, Handling, Loading Or Unloading Machinery - Market Analysis, Forecast, Size, Trends And Insights

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Loading Machinery Price in Myanmar - 2022

Contents:

  1. Loading Machinery Price in Myanmar (CIF) - 2022
  2. Loading Machinery Price in Myanmar (FOB) - 2022
  3. Loading Machinery Imports in Myanmar
  4. Loading Machinery Exports in Myanmar

Loading Machinery Price in Myanmar (CIF) - 2022

In 2022, the average loading machinery import price amounted to $4,236 per unit, growing by 4.6% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 24% against the previous year. The import price peaked at $4,362 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($4,322 per unit), while the price for Thailand ($2,715 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+13.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Loading Machinery Price in Myanmar (FOB) - 2022

In 2022, the average loading machinery export price amounted to $5,308 per unit, with an increase of 10% against the previous year. In general, the export price recorded a remarkable increase. The pace of growth was the most pronounced in 2018 an increase of 52% against the previous year. As a result, the export price reached the peak level of $5,512 per unit. From 2019 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Thailand.

From 2017 to 2022, the rate of growth in terms of prices for Thailand amounted to +6.3% per year.

Loading Machinery Imports in Myanmar

For the third year in a row, Myanmar recorded decline in supplies from abroad of lifting, handling, loading or unloading machinery, which decreased by -13.6% to 376 units in 2022. Over the period under review, imports faced a sharp reduction. Over the period under review, imports attained the maximum at 2.7K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, loading machinery imports reduced to $1.6M in 2022. In general, imports showed a dramatic shrinkage. Imports peaked at $11M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Loading Machinery in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5502632511,36235.3%
Taiwan (Chinese)19.49.37.910173.3%
Japan10749.422.532.5-32.8%
United States9.61.20.729.545.4%
Thailand1,8291,2034.427.8-75.2%
Finland33117557.711.6-67.3%
Russia60112336.2N/A-75.5%
Germany38562.01.9N/A-93.0%
Malaysia249342220N/A-6.0%
France3,398812389N/A-66.2%
Indonesia19045.820.2N/A-67.4%
Singapore28459.365.8N/A-51.9%
Netherlands4241,142362N/A-7.6%
Others2,4291,92632327.5-77.5%
Total10,8056,2111,7621,592-47.2%

Top Suppliers of Loading Machinery to Myanmar in 2022:

  1. China (319.0 units)
  2. Taiwan (Chinese) (23.0 units)
  3. Thailand (10.0 units)
  4. Japan (8.0 units)
  5. United States (7.0 units)
  6. Finland (3.0 units)

Loading Machinery Exports in Myanmar

Loading machinery exports from Myanmar contracted sharply to 5 units in 2022, falling by -54.5% on 2021 figures. Over the period under review, exports recorded a dramatic setback. The exports peaked at 11 units in 2021, and then contracted sharply in the following year.

In value terms, loading machinery exports declined markedly to $27K in 2022. Overall, exports continue to indicate a precipitous contraction. The exports peaked at $53K in 2021, and then fell markedly in the following year.

Export of Loading Machinery in Myanmar (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Thailand52.926.5-49.9%
Others0.20.1-50.0%
Total53.126.5-50.1%

Top Export Markets for Loading Machinery from Myanmar in 2022:

  1. Thailand (5.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the loading machinery market in Myanmar. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28221840 - Lifting, handling, loading or unloading machinery, n.e.s.
  • Prodcom 28221850 - Loading machinery specially designed for agricultural use

Country coverage:

  • Myanmar

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Myanmar
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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