
Myanmar - Parts of Boilers for Central Heating - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
Myanmar: Boiler Parts Market 2022
Boiler Parts Market Size in Myanmar
In 2021, the Myanmar's boiler parts market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption, however, recorded a pronounced decrease. Boiler parts consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.
Boiler Parts Exports
Exports from Myanmar
Boiler parts exports from Myanmar fell markedly to X kg in 2021, reducing by -X% compared with the previous year. Over the period under review, exports faced a sharp slump. The exports peaked at X kg in 2020, and then shrank notably in the following year.
In value terms, boiler parts exports shrank dramatically to $X in 2021. In general, exports saw a precipitous decline. Over the period under review, the exports reached the maximum at $X in 2020, and then declined markedly in the following year.
Exports by Country
Poland (X kg) was the main destination for boiler parts exports from Myanmar, accounting for a approx. X% share of total exports.
From 2020 to 2021, the average annual growth rate of volume to Poland stood at -X%.
In value terms, Poland ($X) also remains the key foreign market for boiler parts exports from Myanmar.
From 2020 to 2021, the average annual rate of growth in terms of value to Poland totaled -X%.
Export Prices by Country
In 2021, the average boiler parts export price amounted to $X per ton, reducing by -X% against the previous year. In general, the export price faced a precipitous shrinkage. The export price peaked at $X per ton in 2020, and then contracted dramatically in the following year.
As there is only one major export destination, the average price level is determined by prices for Poland.
From 2020 to 2021, the rate of growth in terms of prices for Poland amounted to -X% per year.
Boiler Parts Imports
Imports into Myanmar
In 2021, after three years of decline, there was significant growth in purchases abroad of parts of boilers for central heating, when their volume increased by X% to X tons. Overall, imports continue to indicate a measured increase. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.
In value terms, boiler parts imports soared to $X in 2021. In general, imports, however, saw a abrupt setback. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, China (X tons) was the main boiler parts supplier to Myanmar, accounting for a X% share of total imports. Moreover, boiler parts imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), more than tenfold.
From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +X%.
In value terms, China ($X) constituted the largest supplier of boiler parts to Myanmar, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with an X% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from China totaled -X%.
Import Prices by Country
In 2021, the average boiler parts import price amounted to $X per ton, reducing by -X% against the previous year. In general, the import price recorded a deep reduction. The pace of growth was the most pronounced in 2013 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.
Prices varied noticeably country of origin: the country with the highest price was South Korea ($X per ton), while the price for China totaled $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (-X%).
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the boiler parts 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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