Myanmar - Electronic Instruments And Machines For Measuring Geometrical Quantities - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Myanmar - Electronic Instruments And Machines For Measuring Geometrical Quantities - Market Analysis, Forecast, Size, Trends And Insights

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Price for Geometrical Quantities Electronic Measurer in Myanmar - 2022

Contents:

  1. Price for Geometrical Quantities Electronic Measurer in Myanmar (CIF) - 2022
  2. Price for Geometrical Quantities Electronic Measurer in Myanmar (FOB) - 2022
  3. Imports of Geometrical Quantities Electronic Measurer in Myanmar
  4. Exports of Geometrical Quantities Electronic Measurer in Myanmar

Price for Geometrical Quantities Electronic Measurer in Myanmar (CIF) - 2022

In 2022, the average geometrical quantities electronic measurer import price amounted to $17 per unit, dropping by -15.6% against the previous year. In general, the import price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 92%. The import price peaked at $52 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat 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 South Korea ($129 per unit), while the price for Thailand ($9.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+26.3%), while the prices for the other major suppliers experienced a decline.

Price for Geometrical Quantities Electronic Measurer in Myanmar (FOB) - 2022

In 2022, the average geometrical quantities electronic measurer export price amounted to $139 per unit, picking up by 40% against the previous year. Over the period under review, the export price enjoyed a strong increase. The pace of growth appeared the most rapid in 2018 an increase of 1,766%. As a result, the export price attained the peak level of $745 per unit. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($173 per unit), while the average price for exports to Thailand ($40 per unit) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+101.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Geometrical Quantities Electronic Measurer in Myanmar

In 2022, approx. 352K units of electronic instruments and machines for measuring geometrical quantities were imported into Myanmar; growing by 37% compared with the previous year. In general, imports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 174%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, geometrical quantities electronic measurer imports skyrocketed to $6.1M in 2022. Overall, imports saw strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 165% against the previous year. As a result, imports attained the peak of $9.9M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Geometrical Quantities Electronic Measurer in Myanmar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan0.43.10.42.686.6%
China0.92.82.72.132.6%
South Korea0.21.10.50.858.7%
Thailand0.40.20.10.3-9.1%
Germany0.70.71.10.1-47.7%
Others1.12.00.50.3-35.2%
Total3.79.95.36.118.1%

Top Suppliers of Geometrical Quantities Electronic Measurer to Myanmar in 2022:

  1. China (198.1K units)
  2. Japan (107.0K units)
  3. Thailand (37.4K units)
  4. South Korea (5.9K units)
  5. Germany (0.6K units)

Exports of Geometrical Quantities Electronic Measurer in Myanmar

After three years of growth, overseas shipments of electronic instruments and machines for measuring geometrical quantities decreased by -64.4% to 5.2K units in 2022. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 202% against the previous year. Over the period under review, the exports hit record highs at 15K units in 2021, and then reduced dramatically in the following year.

In value terms, geometrical quantities electronic measurer exports fell notably to $730K in 2022. Over the period under review, exports, however, recorded significant growth. The growth pace was the most rapid in 2020 when exports increased by 434%. The exports peaked at $1.5M in 2021, and then fell significantly in the following year.

Export of Geometrical Quantities Electronic Measurer in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/AN/A4.360513969.8%
Thailand1362.43.245.4-30.6%
Hong Kong SAR0.7N/AN/A40.8287.7%
MalaysiaN/AN/AN/A23.30%
Singapore3.78.28175.514.1%
ChinaN/A7916371.2-96.1%
Others20.756.94.98.8-24.8%
Total1618581,46673065.5%

Top Export Markets for Geometrical Quantities Electronic Measurer from Myanmar in 2022:

  1. Japan (3508.0 units)
  2. Thailand (1147.0 units)
  3. Hong Kong SAR (236.0 units)
  4. Malaysia (136.0 units)
  5. Singapore (61.0 units)
  6. China (9.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for geometrical quantities electronic measurer 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 26516650 - Electronic instruments, appliances and machines for measuring or checking geometrical quantities (including comparators, coordinate measuring machines (CMMs))

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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