Myanmar - Non-Electric Furnaces And Ovens For The Roasting Or Melting - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Myanmar - Non-Electric Furnaces And Ovens For The Roasting Or Melting - Market Analysis, Forecast, Size, Trends And Insights

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Non-Electric Roasting Furnace Price in Myanmar - 2022

Contents:

  1. Non-Electric Roasting Furnace Price in Myanmar (CIF) - 2022
  2. Non-Electric Roasting Furnace Price in Myanmar (FOB) - 2022
  3. Non-Electric Roasting Furnace Imports in Myanmar
  4. Non-Electric Roasting Furnace Exports in Myanmar

Non-Electric Roasting Furnace Price in Myanmar (CIF) - 2022

In 2022, the average non-electric roasting furnace import price amounted to $5,498 per unit, waning by -13.5% against the previous year. In general, the import price, however, showed a significant increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 564% against the previous year. The import price peaked at $6,773 per unit in 2020; however, from 2021 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 South Korea ($8,151 per unit), while the price for Thailand ($3,023 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+77.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Electric Roasting Furnace Price in Myanmar (FOB) - 2022

In 2022, the average non-electric roasting furnace export price amounted to $50 per unit, remaining relatively unchanged against the previous year. Overall, the export price recorded a dramatic decrease. The pace of growth appeared the most rapid in 2021 when the average export price decreased by 99.9%. The export price peaked at $6,833 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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

From 2018 to 2022, the rate of growth in terms of prices for China amounted to +73.3% per year.

Non-Electric Roasting Furnace Imports in Myanmar

In 2022, after two years of decline, there was significant growth in overseas purchases of non-electric furnaces and ovens for the roasting or melting, when their volume increased by 460% to 28 units. Overall, imports, however, saw a precipitous descent. Imports peaked at 61 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, non-electric roasting furnace imports surged to $154K in 2022. Over the period under review, imports showed a perceptible expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Non-Electric Roasting Furnace in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea9.032.15.489.7115.2%
China9.70.31.654.477.7%
India0.4N/A0.16.8157.1%
Thailand0.31.30.43.0115.4%
Germany3.00.20.7N/A-51.7%
Malaysia0.4N/A0.1N/A-50.0%
United States2.80.20.7N/A-50.0%
Japan1006.021.1N/A-54.1%
Singapore0.5N/A0.1N/A-55.3%
Taiwan (Chinese)1.10.10.2N/A-57.4%
Italy4.80.30.8N/A-59.2%
United Kingdom3.70.20.7N/A-56.5%
Others3.3N/AN/AN/A0%
Total13940.631.81543.5%

Top Suppliers of Non-Electric Roasting Furnace to Myanmar in 2022:

  1. South Korea (11.0 units)
  2. China (10.0 units)
  3. Thailand (1.0 units)
  4. India (1.0 units)

Non-Electric Roasting Furnace Exports in Myanmar

In 2022, exports of non-electric furnaces and ovens for the roasting or melting from Myanmar amounted to 1 units, standing approx. at 2021 figures. In general, exports saw a relatively flat trend pattern. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, non-electric roasting furnace exports totaled $50 in 2022. Over the period under review, exports recorded a significant decline. The smallest decline of 99.9% was in 2021. Over the period under review, the exports hit record highs at $1.5K in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Export of Non-Electric Roasting Furnace in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MalaysiaN/AN/AN/A0.10%
ChinaN/A1.5N/AN/A0%
Thailand3.1N/AN/AN/A0%
Others-3.1N/AN/AN/A0%
TotalN/A1.5N/A0.1-74.2%

Top Export Markets for Non-Electric Roasting Furnace from Myanmar in 2022:

  1. Malaysia (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-electric roasting furnace 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 28211230 - Non-electric furnaces and ovens for the roasting, melting or other heat-treatment of ores, pyrites or of metals

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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