Report Update May 1, 2024

Myanmar - Railway or Tramway Maintenance or Service Vehicles - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Railway Maintenance Vehicle Market 2024

Railway Maintenance Vehicle Market Size in Myanmar

In 2022, the Myanmar's railway maintenance vehicle market decreased by X% to $X for the first time since 2017, thus ending a four-year rising trend. Overall, consumption saw a significant decline. As a result, consumption attained the peak level of $X, and then declined notably in the following year.

Railway Maintenance Vehicle Exports

Exports from Myanmar

Railway maintenance vehicle exports from Myanmar stood at X units in 2020, approximately equating 2019. Overall, exports recorded a relatively flat trend pattern. The smallest decline of X% was in 2017. The exports peaked in 2020 and are likely to see gradual growth in the immediate term.

In value terms, railway maintenance vehicle exports stood at $X in 2020. In general, exports saw a abrupt slump. The smallest decline of X% was in 2017. The exports peaked at $X in 2016; however, from 2017 to 2020, the exports remained at a lower figure.

Exports by Country

Thailand (X units) was the main destination for railway maintenance vehicle exports from Myanmar, with a approx. X% share of total exports.

From 2016 to 2020, the average annual rate of growth in terms of volume to Thailand was relatively modest.

From 2016 to 2020, the average annual rate of growth in terms of value to Thailand was relatively modest.

Export Prices by Country

In 2020, the average railway maintenance vehicle export price amounted to $X per unit, therefore, remained relatively stable against the previous year. Over the period under review, the export price showed a abrupt descent. The pace of growth appeared the most rapid in 2017 when the average export price decreased by X% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2020, the export prices remained at a lower figure.

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

From 2016 to 2020, the rate of growth in terms of prices for Thailand amounted to X% per year.

Railway Maintenance Vehicle Imports

Imports into Myanmar

In 2022, imports of railway or tramway maintenance or service vehicles into Myanmar fell remarkably to X units, dropping by X% against the previous year. Over the period under review, imports recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X units, and then plummeted in the following year.

In value terms, railway maintenance vehicle imports declined dramatically to $X in 2022. Overall, imports faced a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then plummeted in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of railway maintenance vehicle to Myanmar, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany was relatively modest.

In value terms, Germany ($X) constituted the largest supplier of railway or tramway maintenance or service vehicles to Myanmar.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to X%.

Import Prices by Country

The average railway maintenance vehicle import price stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the import price continues to indicate a dramatic slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit, and then fell rapidly in the following year.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for railway or tramway maintenance or service vehicles in the world?

China constituted the country with the largest volume of railway maintenance vehicle consumption, comprising approx. 14% of total volume. Moreover, railway maintenance vehicle consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 6% share.

What are the largest producers of railway or tramway maintenance or service vehicles in the world?

The countries with the highest volumes of production in 2022 were China, the United States and India, with a combined 30% share of global production. Pakistan, Nigeria, Germany, Russia, Indonesia, Ethiopia, Turkey, Democratic Republic of the Congo, France and Italy lagged somewhat behind, together comprising a further 30%.

What are the leading suppliers of railway or tramway maintenance or service vehicles to Myanmar?

In value terms, Germany constituted the largest supplier of railway or tramway maintenance or service vehicles to Myanmar.

What is the average export price for railway or tramway maintenance or service vehicles in Myanmar?

The average railway maintenance vehicle export price stood at $5,204 per unit in 2020, remaining constant against the previous year.

What is the average import price for railway or tramway maintenance or service vehicles in Myanmar?

In 2022, the average railway maintenance vehicle import price amounted to $1,883 per unit, with a decrease of -99.7% against the previous year.

This report provides an in-depth analysis of the railway maintenance vehicle 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 30203100 - Railway or tramway maintenance or service vehicles (including workshops, cranes, ballast tampers, track-liners, t esting coaches and track inspection vehicles)

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