Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Myanmar - 2023
Contents:
- Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Myanmar (CIF) - 2023
- Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Myanmar
Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Myanmar (CIF) - 2023
The average import price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $250K per unit in December 2023, therefore, remained relatively stable against the previous month. In general, the import price recorded significant growth. Over the period under review, average import prices hit record highs in December 2023.
As there is only one major supplying country, the average price level is determined by prices for China.
From May 2023 to December 2023, the rate of growth in terms of prices for China amounted to +47.5% per month.
Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Myanmar
In 2022, supplies from abroad of casting machines; of a kind used in metallurgy or in metal foundrieses decreased by -95.9% to 5 units, falling for the second year in a row after two years of growth. In general, imports showed a precipitous descent. The most prominent rate of growth was recorded in 2020 when imports increased by 155%. As a result, imports reached the peak of 176 units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses dropped rapidly to $27K in 2022. Overall, imports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 251%. As a result, imports attained the peak of $337K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 1.1 | N/A | N/A | 20.0 | 163.0% |
| Japan | 16.6 | N/A | N/A | 6.0 | -28.8% |
| China | 78.2 | 29.0 | 68.3 | 1.0 | -76.6% |
| South Korea | N/A | N/A | 154 | N/A | 0% |
| United States | N/A | 0.5 | N/A | N/A | 0% |
| India | N/A | 308 | 28.6 | N/A | -90.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 96.0 | 337 | 251 | 27.0 | -34.5% |
Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Myanmar in 2022:
- Thailand (3.0 units)
- Japan (1.0 units)
- China (1.0 units)
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