Price for Floating or Submersible Drilling or Production Platforms in Myanmar - 2022

Contents:

  1. Price for Floating or Submersible Drilling or Production Platforms in Myanmar (CIF) - 2022
  2. Imports of Floating or Submersible Drilling or Production Platforms in Myanmar

Price for Floating or Submersible Drilling or Production Platforms in Myanmar (CIF) - 2022

In 2022, the average import price for floating or submersible drilling or production platformses amounted to $308,440 per unit, surging by 180% against the previous year. Overall, the import price, however, continues to indicate a abrupt decrease. The growth pace was the most rapid in 2013 when the average import price increased by 1,572% against the previous year. As a result, import price reached the peak level of $33,252,157 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -4.7% per year.

Imports of Floating or Submersible Drilling or Production Platforms in Myanmar

For the fourth consecutive year, Myanmar recorded growth in purchases abroad of floating or submersible drilling or production platformses, which increased by 29,480% to 1.5K units in 2022. Overall, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of floating or submersible drilling or production platformses surged to $456M in 2022. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Floating or Submersible Drilling or Production Platforms in Myanmar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A4560%
Others0.2N/A0.5N/A58.1%
Total0.2N/A0.64561216.2%

Top Suppliers of Floating or Submersible Drilling or Production Platforms to Myanmar in 2022:

  1. China (1.5K units)

Source: IndexBox Market Intelligence Platform

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Free Data: Floating or submersible drilling or production platforms - Myanmar