Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Myanmar - 2022

Contents:

  1. Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Myanmar (CIF) - 2022
  2. Imports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Myanmar

Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Myanmar (CIF) - 2022

The average import price for vessels; other, including warships and lifeboats, other than rowing boatses stood at $3,890 per unit in 2022, increasing by 563% against the previous year. Overall, the import price showed significant growth. The pace of growth appeared the most rapid in 2014 an increase of 6,218%. Over the period under review, average import prices hit record highs at $124,155 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($9,016 per unit), while the price for Japan ($22 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (+109.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Myanmar

In 2022, overseas purchases of vessels; other, including warships and lifeboats, other than rowing boatses decreased by 0% to 6 units, falling for the second year in a row after two years of growth. In general, imports saw a abrupt setback. The pace of growth was the most pronounced in 2020 when imports increased by 136%. As a result, imports attained the peak of 26 units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of vessels; other, including warships and lifeboats, other than rowing boatses surged to $23K in 2022. Overall, imports saw a dramatic descent. Over the period under review, imports of hit record highs at $1.4M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ThailandN/A5.60.19.026.8%
United States5.111.30.17.011.1%
Taiwan (Chinese)0.53.2N/A3.693.1%
China34.9154N/A3.1-55.4%
Singapore82.28933.40.5-81.7%
South Korea1,240N/AN/AN/A0%
JapanN/AN/AN/AN/A0%
Others2.9N/AN/AN/A0%
Total1,3661,0683.523.3-74.3%

Top Suppliers of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats to Myanmar in 2022:

  1. Taiwan (Chinese) (1.0 units)
  2. Singapore (1.0 units)
  3. United States (1.0 units)
  4. China (1.0 units)
  5. Japan (1.0 units)
  6. Thailand (1.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Vessels; other, including warships and lifeboats, other than rowing boats - Myanmar