Myanmar - Tapered Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Myanmar - Tapered Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights

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Tapered Roller Bearing Price in Myanmar - 2022

Contents:

  1. Tapered Roller Bearing Price in Myanmar (CIF) - 2022
  2. Tapered Roller Bearing Price in Myanmar (FOB) - 2022
  3. Tapered Roller Bearing Imports in Myanmar
  4. Tapered Roller Bearing Exports in Myanmar

Tapered Roller Bearing Price in Myanmar (CIF) - 2022

The import price in Myanmar stood at $12,230 per ton in 2022, with a decrease of -11% against the previous year. In general, the import price saw a pronounced decline. The growth pace was the most rapid in 2017 an increase of 38% against the previous year. Over the period under review, import prices attained the maximum at $17,580 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($16,049 per ton), while Brazil ($6,838 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.7%), while the other leaders experienced a decline in the import price figures.

Tapered Roller Bearing Price in Myanmar (FOB) - 2022

The export price in Myanmar stood at $14,675 per ton in 2022, rising by 103% against the previous year. Over the period under review, the export price continues to indicate a prominent increase. The pace of growth was the most pronounced in 2018 an increase of 171%. The Myanmar export price peaked at $18,098 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($54,921 per ton), while Thailand ($5,057 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.3%), while the other leaders experienced more modest paces of growth.

Tapered Roller Bearing Imports in Myanmar

In 2022, the amount of tapered roller bearings imported into Myanmar soared to 4.8 tons, growing by 82% against the year before. In general, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 120%. As a result, imports attained the peak of 5.3 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, tapered roller bearing imports skyrocketed to $59K in 2022. Overall, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 121% against the previous year. As a result, imports reached the peak of $73K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Tapered Roller Bearing in Myanmar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6325466416671.8%
United States5113785236216.7%
China4876998084870.0%
France2772392822830.7%
Mexico2261552112726.4%
Brazil14210918220713.4%
Italy1541291741866.5%
Australia80.392.510414822.6%
India12278.01461476.4%
Canada1201021091333.5%
Sweden1191011271272.2%
Turkey56.957.977.110623.0%
Russia95.189.111099.81.6%
Others-3,020.7-2,775.5-3,493.1-3,485.34.9%
TotalN/A0.1N/A0.10.0%

Top Suppliers of Tapered Roller Bearing to Myanmar in 2022:

  1. Germany (71.0K tons)
  2. United States (55.2K tons)
  3. China (30.4K tons)
  4. Brazil (30.3K tons)
  5. France (26.3K tons)
  6. Mexico (24.7K tons)
  7. Italy (19.9K tons)
  8. Russia (12.9K tons)
  9. Turkey (12.5K tons)
  10. Sweden (12.5K tons)
  11. Australia (12.1K tons)
  12. India (12.1K tons)
  13. Canada (10.9K tons)

Tapered Roller Bearing Exports in Myanmar

In 2022, the amount of tapered roller bearings exported from Myanmar surged to 240 kg, jumping by 28% compared with 2021. Overall, exports, however, continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 73% against the previous year.

In value terms, tapered roller bearing exports surged to $3.5K in 2022. In general, exports, however, saw a sharp decrease.

Export of Tapered Roller Bearing in Myanmar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany716814890683-1.6%
China48043065068112.4%
United States5434284926476.0%
Japan687555673626-3.1%
France388316383369-1.7%
Romania25520325435311.4%
India16314023026016.8%
Austria208150174183-4.2%
South Korea1801431651800.0%
Hungary95.073.187.714314.6%
Poland10510013614010.1%
Italy112100110107-1.5%
Thailand31.224.444.240.89.4%
Others-3,963.9-3,477.2-4,289.9-4,411.13.6%
TotalN/AN/AN/AN/A0%

Top Export Markets for Tapered Roller Bearing from Myanmar in 2022:

  1. China (130.1K tons)
  2. Japan (53.8K tons)
  3. Germany (45.2K tons)
  4. Romania (24.2K tons)
  5. France (23.8K tons)
  6. Austria (22.0K tons)
  7. South Korea (19.7K tons)
  8. India (19.6K tons)
  9. Poland (15.5K tons)
  10. Hungary (12.4K tons)
  11. United States (11.8K tons)
  12. Italy (8.2K tons)
  13. Thailand (8.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tapered roller bearing 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 28151053 - Tapered roller bearings (including cone and tapered roller assemblies)

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:

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

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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