Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Myanmar - 2023

Contents:

  1. Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Myanmar (CIF) - 2022
  2. Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Myanmar

Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Myanmar (CIF) - 2022

The average import price for tools; for working in the hand, pneumatic, other than rotary type stood at $15 per unit in 2022, jumping by 252% against the previous year. In general, the import price, however, recorded a abrupt contraction. Over the period under review, average import prices attained the maximum at $92 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($128 per unit), while the price for Hungary ($1.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Myanmar

In 2022, the amount of tools; for working in the hand, pneumatic, other than rotary type imported into Myanmar declined significantly to 13K units, with a decrease of -31.8% against the year before. In general, imports saw a dramatic curtailment. The smallest decline of -1.8% was in 2020. Over the period under review, imports of tools; for working in hand, pneumatic, other than rotary type hit record highs at 34K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type soared to $190K in 2022. Over the period under review, imports faced a abrupt descent. Imports peaked at $339K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12063.328.3106-4.1%
Germany40.149.74.122.7-17.3%
Thailand59.34.34.212.5-40.5%
Hungary5.06.82.93.8-8.7%
DenmarkN/A0.10.22.4389.9%
Others11413739.843.4-27.5%
Total33926179.4190-17.6%

Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Myanmar in 2022:

  1. China (7.7K units)
  2. Hungary (2.3K units)
  3. Germany (0.8K units)
  4. Thailand (0.8K units)
  5. Denmark (0.4K units)

Source: IndexBox Market Intelligence Platform

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