Report Update: Apr 1, 2024

Myanmar - Pedestrian-Controlled Tractors - Market Analysis, Forecast, Size, Trends And Insights

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Pedestrian-Controlled Tractor Price in Myanmar - 2022

Pedestrian-Controlled Tractor Price in Myanmar (CIF) - 2022

In 2022, the average pedestrian-controlled tractor import price amounted to $3,844 per unit, rising by 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2018 an increase of 28% against the previous year. Over the period under review, average import prices attained the peak figure at $3,904 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($3,497 per unit), while the price for Hong Kong SAR ($3,400 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Pedestrian-Controlled Tractor Price in Myanmar (FOB) - 2022

The average pedestrian-controlled tractor export price stood at $1,029 per unit in 2022, rising by 1,186% against the previous year. Overall, the export price, however, showed a deep reduction. Over the period under review, the average export prices reached the peak figure at $6,609 per unit in 2013; however, from 2014 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 Thailand.

From 2013 to 2022, the rate of growth in terms of prices for Thailand amounted to -9.4% per year.

Pedestrian-Controlled Tractor Imports in Myanmar

In 2022, supplies from abroad of pedestrian-controlled tractors decreased by -57.2% to 2.9K units, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a precipitous descent. The pace of growth was the most pronounced in 2020 when imports increased by 57% against the previous year. As a result, imports reached the peak of 24K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, pedestrian-controlled tractor imports fell rapidly to $11M in 2022. In general, imports continue to indicate a dramatic setback. The pace of growth appeared the most rapid in 2020 when imports increased by 88% against the previous year. As a result, imports reached the peak of $75M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Pedestrian-Controlled Tractor in Myanmar (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Thailand	6.4	3.1	2.9	5.1	-7.3%
China	22.7	65.3	13.5	4.8	-40.4%
Hong Kong SAR	0.3	0.3	0.2	0.2	-12.6%
India	5.1	0.5	0.2	N/A	-80.2%
Singapore	4.2	5.2	5.1	N/A	10.2%
Others	1.1	0.5	0.5	1.2	2.9%
Total	39.8	75.0	22.3	11.3	-34.3%

Top Suppliers of Pedestrian-Controlled Tractor to Myanmar in 2022:

Thailand (1453.0 units)
China (1418.0 units)
Hong Kong SAR (66.0 units)

Pedestrian-Controlled Tractor Exports in Myanmar

After two years of decline, shipments abroad of pedestrian-controlled tractors decreased by -96.1% to 7 units in 2022. Over the period under review, exports, however, showed significant growth. The exports peaked at 180 units in 2021, and then declined notably in the following year.

In value terms, pedestrian-controlled tractor exports dropped sharply to $7.2K in 2022. In general, exports showed a significant decrease. Over the period under review, the exports attained the maximum at $17K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Pedestrian-Controlled Tractor in Myanmar (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Thailand	1.4	N/A	1.2	7.2	72.6%
China	11.8	N/A	13.2	N/A	5.8%
Others	3.4	N/A	N/A	N/A	0%
Total	16.6	N/A	14.4	7.2	-24.3%

Top Export Markets for Pedestrian-Controlled Tractor from Myanmar in 2022:

Thailand (7.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pedestrian-controlled tractor 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 28301000 - Pedestrian-controlled tractors

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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