Price for Book-Binding Machinery; Including Book-Sewing Machines in Myanmar - 2022
Contents:
- Price for Book-Binding Machinery; Including Book-Sewing Machines in Myanmar (CIF) - 2022
- Imports of Book-Binding Machinery; Including Book-Sewing Machines in Myanmar
Price for Book-Binding Machinery; Including Book-Sewing Machines in Myanmar (CIF) - 2022
In 2022, the average import price for book-binding machinery; including book-sewing machineses amounted to $295 per unit, falling by -27.5% against the previous year. In general, the import price faced a abrupt curtailment. The growth pace was the most rapid in 2017 an increase of 39% against the previous year. Over the period under review, average import prices hit record highs at $3,414 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
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 Thailand ($356 per unit), while the price for Portugal ($163 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Book-Binding Machinery; Including Book-Sewing Machines in Myanmar
In 2022, overseas purchases of book-binding machinery; including book-sewing machineses decreased by -50.5% to 322 units, falling for the second consecutive year after two years of growth. Overall, imports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 44%. As a result, imports reached the peak of 5.8K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, book-binding machinery; including book-sewing machines imports reduced dramatically to $95K in 2022. In general, imports faced a sharp decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 37%. As a result, imports reached the peak of $2.3M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Book-Binding Machinery; Including Book-Sewing Machines in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 914 | 1,311 | 56.7 | 70.1 | -57.5% |
| Malaysia | 0.1 | N/A | 0.5 | 18.1 | 465.7% |
| Thailand | 4.0 | 19.7 | 0.7 | 5.7 | 12.5% |
| Portugal | 0.1 | 11.1 | N/A | 1.1 | 122.4% |
| Switzerland | N/A | 194 | N/A | N/A | 0% |
| Germany | 16.4 | 214 | 31.0 | N/A | 37.5% |
| India | 563 | 276 | 162 | N/A | -46.4% |
| Japan | 171 | 195 | N/A | N/A | 14.0% |
| Others | 47.2 | 126 | 13.3 | N/A | -46.9% |
| Total | 1,717 | 2,346 | 264 | 94.9 | -61.9% |
Top Suppliers of Book-Binding Machinery; Including Book-Sewing Machines to Myanmar in 2022:
- China (207.0 units)
- Malaysia (92.0 units)
- Thailand (16.0 units)
- Portugal (7.0 units)
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