Myanmar - Lifts, Elevators, Moving Stairways and Draglines - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Myanmar - Lifts, Elevators, Moving Stairways and Draglines - Market Analysis, Forecast, Size, Trends And Insights

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Price for Lift, Elevator, Stairway and Dragline in Myanmar - 2022

Contents:

  1. Price for Lift, Elevator, Stairway and Dragline in Myanmar (CIF) - 2022
  2. Price for Lift, Elevator, Stairway and Dragline in Myanmar (FOB) - 2022
  3. Imports of Lift, Elevator, Stairway and Dragline in Myanmar
  4. Exports of Lift, Elevator, Stairway and Dragline in Myanmar

Price for Lift, Elevator, Stairway and Dragline in Myanmar (CIF) - 2022

The average import price for lifts, elevators, moving stairways and draglines stood at $12,416 per unit in 2022, approximately mirroring the previous year. In general, the import price, however, posted a modest increase. The growth pace was the most rapid in 2014 an increase of 179% against the previous year. The import price peaked at $12,474 per unit in 2021, and then reduced in the following year.

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 Spain ($22,649 per unit), while the price for France ($1,180 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+23.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lift, Elevator, Stairway and Dragline in Myanmar (FOB) - 2022

In 2022, the average export price for lifts, elevators, moving stairways and draglines amounted to $1,253 per unit, which is down by -56.6% against the previous year. Over the period under review, the export price showed a dramatic decrease. The most prominent rate of growth was recorded in 2020 an increase of 436% against the previous year. The export price peaked at $21,506 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($2,497 per unit), while the average price for exports to Japan amounted to $10 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+50,094.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lift, Elevator, Stairway and Dragline in Myanmar

In 2022, supplies from abroad of lifts, elevators, moving stairways and draglines was finally on the rise to reach 984 units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a precipitous slump. Imports peaked at 5.4K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, lift, elevator, stairway and dragline imports rose remarkably to $12M in 2022. In general, imports, however, recorded a sharp slump. Over the period under review, imports attained the peak figure at $38M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Lift, Elevator, Stairway and Dragline in Myanmar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China25.717.28.110.0-27.0%
Thailand4.63.01.30.6-49.3%
Vietnam0.40.1N/A0.40.0%
South Korea1.00.80.30.4-26.3%
Spain0.80.50.20.4-20.6%
Japan0.90.40.10.2-39.4%
Germany0.10.10.1N/A0.0%
India1.30.1N/AN/A-92.3%
Others3.31.40.90.1-68.8%
Total38.123.511.012.2-31.6%

Top Suppliers of Lift, Elevator, Stairway and Dragline to Myanmar in 2022:

  1. China (773.0 units)
  2. Thailand (77.0 units)
  3. Vietnam (29.0 units)
  4. Japan (22.0 units)
  5. Germany (20.0 units)
  6. South Korea (20.0 units)
  7. Spain (18.0 units)
  8. India (7.0 units)

Exports of Lift, Elevator, Stairway and Dragline in Myanmar

After three years of growth, shipments abroad of lifts, elevators, moving stairways and draglines decreased by -50% to 4 units in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 75%. The exports peaked at 8 units in 2021, and then contracted significantly in the following year.

In value terms, lift, elevator, stairway and dragline exports reduced dramatically to $5K in 2022. In general, exports, however, recorded a pronounced increase. The pace of growth was the most pronounced in 2020 when exports increased by 838% against the previous year. As a result, the exports reached the peak of $41K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Lift, Elevator, Stairway and Dragline in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand0.24.47.85.0192.4%
Malaysia0.125.1N/AN/A25000.0%
JapanN/AN/AN/AN/A0%
Indonesia3.4N/AN/AN/A0%
Singapore0.69.815.4N/A406.6%
Taiwan (Chinese)N/A1.6N/AN/A0%
OthersN/AN/AN/AN/A0%
Total4.440.923.15.04.4%

Top Export Markets for Lift, Elevator, Stairway and Dragline from Myanmar in 2022:

  1. Japan (2.0 units)
  2. Thailand (2.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for lift, elevator, stairway and dragline 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 28221630 - Electrically operated lifts and skip hoists
  • Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)
  • Prodcom 28221670 - Escalators and moving walkways
  • Prodcom 28221740 - Pneumatic elevators and conveyors
  • Prodcom 28221820 - Teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars

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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