Report Update Nov 1, 2024

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Myanmar: Shaft Coupling Market 2024

Shaft Coupling Market Size in Myanmar

The Myanmar's shaft coupling market fell to $X in 2022, shrinking by -4.4% against the previous year. Over the period under review, consumption saw a abrupt decrease. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Shaft Coupling Production in Myanmar

In value terms, shaft coupling production fell to $X in 2022 estimated in export price. In general, production showed a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when the production volume increased by 24%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Shaft Coupling Exports

Exports from Myanmar

After two years of growth, shipments abroad of clutches and shaft couplings decreased by -99.9% to X kg in 2022. Over the period under review, exports saw a precipitous decline. The pace of growth appeared the most rapid in 2021 with an increase of 7,394%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, shaft coupling exports fell remarkably to $X in 2022. Overall, exports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 8,660%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Madagascar (X kg) was the main destination for shaft coupling exports from Myanmar, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Madagascar was relatively modest.

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

From 2012 to 2022, the average annual growth rate of value to Madagascar was relatively modest.

Export Prices by Country

In 2022, the average shaft coupling export price amounted to $X per ton, flattening at the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 71% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, 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 Madagascar.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +0.4% per year.

Shaft Coupling Imports

Imports into Myanmar

In 2022, after two years of growth, there was significant decline in supplies from abroad of clutches and shaft couplings, when their volume decreased by -30.6% to X tons. Over the period under review, imports, however, enjoyed prominent growth. The growth pace was the most rapid in 2018 with an increase of 453%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, shaft coupling imports contracted dramatically to $X in 2022. Overall, imports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2018 when imports increased by 389% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest shaft coupling supplier to Myanmar, accounting for a 55% share of total imports. Moreover, shaft coupling imports from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), fourfold. The third position in this ranking was held by Taiwan (Chinese) (X tons), with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +14.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+26.1% per year) and Taiwan (Chinese) (+75.1% per year).

In value terms, China ($X) constituted the largest supplier of clutches and shaft couplings to Myanmar, comprising 46% of total imports. The second position in the ranking was taken by Japan ($X), with a 17% share of total imports. It was followed by Taiwan (Chinese), with a 17% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +11.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+32.1% per year) and Taiwan (Chinese) (+75.0% per year).

Import Prices by Country

The average shaft coupling import price stood at $X per ton in 2022, reducing by -20.1% against the previous year. Over the period under review, the import price continues to indicate a perceptible downturn. The pace of growth was the most pronounced in 2019 an increase of 20% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Thailand ($X per ton) and Germany ($X per ton), while the price for China ($X per ton) and India ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for clutches and shaft couplings in the world?

The countries with the highest volumes of in 2021 were China, South Africa and the United States, with a combined 64% share of global consumption.

What are the largest producers of clutches and shaft couplings in the world?

China remains the largest shaft coupling producing country worldwide, comprising approx. 47% of total volume. Moreover, shaft coupling production in China exceeded the figures recorded by the second-largest producer, the United States, fivefold. The third position in this ranking was occupied by India, with a 6.6% share.

What are the leading suppliers of clutches and shaft couplings to Myanmar?

In value terms, the largest shaft coupling suppliers to Myanmar were China, Singapore and Spain, with a combined 67% share of total imports.

What are the leading importers of clutches and shaft couplings from Myanmar?

In value terms, Canada $329) remains the key foreign market for shaft coupling exports from Myanmar, comprising 68% of total exports. The second position in the ranking was occupied by Thailand $156), with a 32% share of total exports.

What is the average export price for clutches and shaft couplings in Myanmar?

The average shaft coupling export price stood at $10,143 per ton in 2021, declining by -3.3% against the previous year.

What is the average import price for clutches and shaft couplings in Myanmar?

The average shaft coupling import price stood at $27,435 per ton in 2021, declining by -4.6% against the previous year.

This report provides an in-depth analysis of the shaft coupling 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 28152600 - Clutches and shaft couplings (including universal joints)

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