Report Update Apr 1, 2024

Myanmar - Clutches - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Clutch Market 2024

Clutch Market Size in Myanmar

The Myanmar's clutch market was estimated at $X in 2022, stabilizing at the previous year. In general, consumption, however, showed a noticeable decline. Clutch consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Clutch Production in Myanmar

In value terms, clutch production surged to $X in 2022 estimated in export price. Overall, production, however, saw a noticeable slump. The pace of growth was the most pronounced in 2020 with an increase of 99%. Clutch production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

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Clutch Exports

Exports from Myanmar

In 2022, shipments abroad of clutches increased by 566% to X tons, rising for the third year in a row after seven years of decline. Over the period under review, exports saw a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, clutch exports rose rapidly to $X in 2022. Overall, exports, however, saw a deep downturn. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Singapore (X tons) was the main destination for clutch exports from Myanmar, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Singapore stood at +38.4%.

In value terms, Singapore ($X) emerged as the key foreign market for clutches exports from Myanmar.

From 2012 to 2022, the average annual growth rate of value to Singapore totaled +9.1%.

Export Prices by Country

The average clutch export price stood at $X per ton in 2022, falling by -84.2% against the previous year. Overall, the export price continues to indicate a precipitous curtailment. The pace of growth was the most pronounced in 2020 an increase of 2.3% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to -7.4% per year.

Clutch Imports

Imports into Myanmar

For the fourth consecutive year, Myanmar recorded decline in overseas purchases of clutches, which decreased by -2.6% to X tons in 2022. In general, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of 655% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, clutch imports rose rapidly to $X in 2022. Over the period under review, imports, however, posted strong growth. The pace of growth appeared the most rapid in 2013 when imports increased by 783%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) was the main supplier of clutch to Myanmar, accounting for a 93% share of total imports. It was followed by Japan (X tons), with a 2.8% share of total imports. India (X tons) ranked third in terms of total imports with a 1.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +57.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+24.6% per year) and India (+43.7% per year).

In value terms, China ($X) constituted the largest supplier of clutches to Myanmar, comprising 87% of total imports. The second position in the ranking was held by India ($X), with a 6.7% share of total imports. It was followed by Japan, with a 2.9% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +20.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+42.4% per year) and Japan (+16.2% per year).

Import Prices by Country

The average clutch import price stood at $X per ton in 2022, growing by 8.6% against the previous year. Over the period under review, the import price, however, showed a significant decline. The pace of growth was the most pronounced in 2019 when the average import price increased by 65%. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for clutches in the world?

The countries with the highest volumes of consumption in 2022 were China, the United States and India, together accounting for 40% of global consumption. Germany, Hungary, Russia, Brazil, Indonesia, Mexico, Japan, the UK, Turkey and South Korea lagged somewhat behind, together accounting for a further 38%.

What are the largest producers of clutches in the world?

The countries with the highest volumes of production in 2022 were China, Germany and the United States, with a combined 46% share of global production. India, Hungary, Japan, South Korea, Indonesia, Russia, Brazil, Turkey and Canada lagged somewhat behind, together comprising a further 39%.

What are the leading suppliers of clutches to Myanmar?

In value terms, China constituted the largest supplier of clutches to Myanmar, comprising 87% of total imports. The second position in the ranking was taken by India, with a 6.7% share of total imports. It was followed by Japan, with a 2.9% share.

What are the leading importers of clutches from Myanmar?

In value terms, Singapore emerged as the key foreign market for clutches exports from Myanmar.

What is the average export price for clutches in Myanmar?

In 2022, the average clutch export price amounted to $1,714 per ton, which is down by -84.2% against the previous year.

What is the average import price for clutches in Myanmar?

The average clutch import price stood at $1,294 per ton in 2022, picking up by 8.6% against the previous year.

This report provides an in-depth analysis of the clutch 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 29323065 - Clutches and parts thereof

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