Price for Reciprocating or Rotary Internal Combustion Piston Engines in Myanmar - 2023
Contents:
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Myanmar (CIF) - 2022
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Myanmar (FOB) - 2022
- Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Myanmar
- Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Myanmar
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Myanmar (CIF) - 2022
The average import price for reciprocating or rotary internal combustion piston engineses stood at $117 per unit in 2022, increasing by 2.3% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 697% against the previous year. Over the period under review, average import prices hit record highs at $241 per unit in 2018; however, from 2019 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 Italy ($191 per unit), while the price for China ($107 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+34.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Myanmar (FOB) - 2022
In 2022, the average export price for reciprocating or rotary internal combustion piston engineses amounted to $1,584 per unit, waning by -13.9% against the previous year. In general, the export price showed a pronounced decline. The most prominent rate of growth was recorded in 2018 when the average export price increased by 102% against the previous year. As a result, the export price attained the peak level of $5,255 per unit. From 2019 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Thailand.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +425.3% per year.
Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Myanmar
In 2022, imports of reciprocating or rotary internal combustion piston engineses into Myanmar reduced remarkably to 42K units, which is down by -26.3% against 2021. Overall, imports saw a precipitous descent. Imports peaked at 351K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of reciprocating or rotary internal combustion piston engineses declined significantly to $4.9M in 2022. In general, imports saw a significant decline. Imports peaked at $26M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Reciprocating or Rotary Internal Combustion Piston Engines in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.0 | 7.4 | 5.3 | 3.8 | -31.8% |
| Thailand | 10.7 | 9.5 | 1.1 | 1.1 | -53.2% |
| Canada | 1.0 | 0.8 | N/A | N/A | -20.0% |
| Others | 2.1 | 0.6 | N/A | N/A | -71.4% |
| Total | 25.8 | 18.3 | 6.5 | 4.9 | -42.5% |
Top Suppliers of Reciprocating or Rotary Internal Combustion Piston Engines to Myanmar in 2022:
- China (35.5K units)
- Thailand (6.1K units)
Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Myanmar
In 2022, the amount of reciprocating or rotary internal combustion piston engineses exported from Myanmar totaled 1 units, standing approx. at the previous year's figure. Over the period under review, exports showed a sharp slump. The smallest decline of -92.9% was in 2020. Over the period under review, the exports of reached the maximum at 732 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of reciprocating or rotary internal combustion piston engineses skyrocketed to $1.6K in 2022. Overall, exports recorded a sharp setback. Over the period under review, the exports of hit record highs at $2.3M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Reciprocating or Rotary Internal Combustion Piston Engines in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | N/A | N/A | 0.2 | 1.6 | 700.0% |
| Germany | 221 | 109 | N/A | N/A | -50.7% |
| Malaysia | 67.7 | N/A | N/A | N/A | 0% |
| Indonesia | 1.2 | N/A | N/A | N/A | 0% |
| Italy | 2,000 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 2,290 | 109 | 0.2 | 1.6 | -91.1% |
Top Export Markets for Reciprocating or Rotary Internal Combustion Piston Engines from Myanmar in 2022:
- Thailand (1.0 units)
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