Rafts; Inflatable Price in Myanmar - 2022

Contents:

1. Rafts; Inflatable Price in Myanmar (FOB) - 2022
2. Rafts; Inflatable Price in Myanmar (CIF) - 2022
3. Rafts; Inflatable Exports in Myanmar
4. Rafts; Inflatable Imports in Myanmar

Rafts; Inflatable Price in Myanmar (FOB) - 2022

In 2022, the average rafts; inflatable export price amounted to $720 per unit, which is down by -9.1% against the previous year. Over the period under review, the export price, however, continues to indicate a prominent expansion. The growth pace was the most rapid in 2017 an increase of 577% against the previous year. Over the period under review, the average export prices attained the maximum at $16,010 per unit in 2019; however, from 2020 to 2022, the 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 Italy ($2,902 per unit), while the average price for exports to the United States ($683 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+109.8%), while the prices for the other major destinations experienced more modest paces of growth.

Rafts; Inflatable Price in Myanmar (CIF) - 2022

The average rafts; inflatable import price stood at $605 per unit in 2022, declining by -36.9% against the previous year. In general, the import price recorded a deep reduction. The pace of growth appeared the most rapid in 2019 when the average import price increased by 81%. As a result, import price attained the peak level of $1,523 per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +4.5% per year.

Rafts; Inflatable Exports in Myanmar

In 2022, after two years of decline, there was significant growth in overseas shipments of rafts; inflatables, when their volume increased by 553% to 5.1K units. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, rafts; inflatable exports surged to $3.6M in 2022. Over the period under review, exports, however, saw a precipitous decrease. The exports peaked at $41M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Rafts; Inflatable from Myanmar in 2022:

1. United States (4.8K units)
2. South Korea (0.2K units)

Rafts; Inflatable Imports in Myanmar

In 2022, after three years of growth, there was significant decline in overseas purchases of rafts; inflatables, when their volume decreased by -91.1% to 5 units. Overall, imports recorded a sharp reduction. The growth pace was the most rapid in 2020 when imports increased by 43%. Over the period under review, imports hit record highs at 56 units in 2021, and then dropped rapidly in the following year.

In value terms, rafts; inflatable imports dropped remarkably to $3K in 2022. In general, imports showed a sharp slump. The growth pace was the most rapid in 2020 with an increase of 32%. As a result, imports reached the peak of $56K. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Rafts; Inflatable to Myanmar in 2022:

1. China (5.0 units)

Source: IndexBox Market Intelligence Platform