
Myanmar - Radiators for Central Heating (Not Electrically Heated) - Market Analysis, Forecast, Size, Trends and Insights
Myanmar: Radiator Market 2022
Radiator Market Size in Myanmar
In 2021, after three years of decline, there was growth in the Myanmar's radiator market, when its value increased by less than X% to $X. Overall, consumption, however, showed a pronounced decrease. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.
Radiator Production in Myanmar
In value terms, radiator production rose slightly to $X in 2021 estimated in export price. Overall, production, however, saw a noticeable contraction. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.
Radiator Exports
Exports from Myanmar
In 2021, overseas shipments of radiators for central heating (not electrically heated) decreased by X% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, exports showed a deep contraction. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.
In value terms, radiator exports amounted to $X in 2021. Overall, exports showed a abrupt decline. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.
Exports by Country
China (X tons) was the main destination for radiator exports from Myanmar, accounting for a approx. X% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of volume to China amounted to +X%.
From 2012 to 2021, the average annual growth rate of value to China stood at -X%.
Export Prices by Country
In 2021, the average radiator export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2021, the rate of growth in terms of prices for China amounted to -X% per year.
Radiator Imports
Imports into Myanmar
Radiator imports into Myanmar reduced rapidly to X kg in 2021, which is down by -X% compared with the previous year's figure. Over the period under review, imports faced a dramatic curtailment. The growth pace was the most rapid in 2020 when imports increased by X%. As a result, imports reached the peak of X tons, and then contracted rapidly in the following year.
In value terms, radiator imports reduced dramatically to $X in 2021. Overall, imports recorded a significant decline. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then shrank significantly in the following year.
Imports by Country
In 2021, Thailand (X kg) constituted the largest radiator supplier to Myanmar, accounting for a X% share of total imports. Moreover, radiator imports from Thailand exceeded the figures recorded by the second-largest supplier, China (X kg), threefold.
From 2012 to 2021, the average annual growth rate of volume from Thailand totaled +X%.
In value terms, Thailand ($X) constituted the largest supplier of radiator to Myanmar, comprising X% of total imports. The second position in the ranking was taken by China ($X), with less than X% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from Thailand totaled -X%.
Import Prices by Country
The average radiator import price stood at $X per ton in 2021, dropping by -X% against the previous year. Over the period under review, the import price showed a noticeable reduction. The pace of growth appeared the most rapid in 2019 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($X per ton), while the price for China totaled $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-X%).
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the radiator 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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