Myanmar: Wheeled Dozer Market 2024

Wheeled Dozer Market Size in Myanmar

For the fifth year in a row, the Myanmar's wheeled dozer market recorded decline in sales value, which decreased by X% to $X in 2022. Over the period under review, consumption recorded a deep contraction. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Wheeled Dozer Production in Myanmar

In value terms, wheeled dozer production stood at less than $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume decreased by X%. Wheeled dozer production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Wheeled Dozer Exports

Exports from Myanmar

Wheeled dozer exports from Myanmar dropped notably to X units in 2022, shrinking by X% on 2021. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The exports peaked at X units in 2021, and then plummeted in the following year.

In value terms, wheeled dozer exports reduced sharply to $X in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at $X in 2021, and then fell sharply in the following year.

Exports by Country

Singapore (X units), China (X units) and Thailand (X units) were the main destinations of wheeled dozer exports from Myanmar. Moreover, wheeled dozer exports in Singapore exceeded the figures recorded by the second-largest exporter, China, twofold.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) remains the key foreign market for wheeled dozers exports from Myanmar, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Singapore totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Thailand (X% per year).

Export Prices by Country

The average wheeled dozer export price stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price posted significant growth. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wheeled Dozer Imports

Imports into Myanmar

In 2022, approx. X units of wheeled dozers were imported into Myanmar; with a decrease of X% against the year before. In general, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2017 when imports increased by X%. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, wheeled dozer imports declined markedly to $X in 2022. Over the period under review, imports recorded a abrupt descent. The pace of growth appeared the most rapid in 2017 when imports increased by X%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Thailand (X units), Japan (X units) and the United States (X units) were the main suppliers of wheeled dozer imports to Myanmar, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Thailand ($X) constituted the largest supplier of wheeled dozers to Myanmar, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with an X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Thailand amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average wheeled dozer import price amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :