Report Update: Apr 1, 2024

Myanmar - Ships, Vessels, Ferry-Boats For The Transport Of Persons - Market Analysis, Forecast, Size, Trends and Insights

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Shipping Price in Myanmar - 2022

Shipping Price in Myanmar (FOB) - 2022

In 2022, the average shipping export price amounted to $646,588 per unit, growing by 4.8% against the previous year. In general, the export price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 350% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($1,172,734 per unit), while the average price for exports to Thailand amounted to $2,773 per unit.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+25.4%).

Shipping Price in Myanmar (CIF) - 2022

In 2022, the average shipping import price amounted to $33,894 per unit, waning by -50.8% against the previous year. Over the period under review, the import price saw a slight setback. The pace of growth appeared the most rapid in 2017 an increase of 414% against the previous year. The import price peaked at $75,259 per unit in 2019; however, from 2020 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 Thailand ($81,718 per unit), while the price for China totaled $31,043 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+27.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Shipping Exports in Myanmar

In 2022, the amount of ships, vessels, ferry-boats for the transport of persons exported from Myanmar declined rapidly to 2 units, waning by -50% against the previous year's figure. Over the period under review, exports recorded a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 100%. As a result, the exports attained the peak of 4 units, and then fell sharply in the following year.

In value terms, shipping exports dropped notably to $1.4M in 2022. Overall, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,082%. As a result, the exports reached the peak of $2.6M, and then fell markedly in the following year.

Export of Shipping in Myanmar (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Singapore	219	215	2,595	1,407	85.9%
Thailand	2.6	4.9	5.0	2.7	1.3%
Vietnam	249	N/A	N/A	N/A	0%
India	439	N/A	N/A	N/A	0%
Others	N/A	N/A	N/A	N/A	0%
Total	910	220	2,600	1,410	15.7%

Top Export Markets for Shipping from Myanmar in 2022:

Thailand (1.0 units)
Singapore (1.0 units)

Shipping Imports in Myanmar

In 2022, the amount of ships, vessels, ferry-boats for the transport of persons imported into Myanmar surged to 34 units, jumping by 162% compared with 2021. Over the period under review, imports saw a slight expansion. Over the period under review, imports attained the maximum at 37 units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, shipping imports surged to $1.2M in 2022. In general, imports, however, showed a dramatic decline. Over the period under review, imports attained the peak figure at $2.5M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Shipping in Myanmar (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	123	184	2.0	996	100.8%
Thailand	3.3	2.2	0.4	156	261.6%
Japan	1,791	2,047	843	N/A	-31.4%
Netherlands	N/A	N/A	67.1	N/A	0%
Others	588	2.5	0.7	N/A	-96.5%
Total	2,505	2,235	913	1,152	-22.8%

Top Suppliers of Shipping to Myanmar in 2022:

China (32.0 units)
Thailand (2.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the shipping market 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 30112130 - Cruise vessels
Prodcom 30112150 - Ferries

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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