Report Update Nov 1, 2024

Myanmar - Electrical Insulators - 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: Electrical Insulator Market 2024

Electrical Insulator Market Size in Myanmar

The Myanmar's electrical insulator market contracted markedly to $X in 2022, with a decrease of -27.3% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Electrical Insulator Production in Myanmar

In value terms, electrical insulator production reduced to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by 68% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Electrical Insulator Exports

Exports from Myanmar

After two years of decline, overseas shipments of electrical insulators decreased by 0% to less than X units in 2022. Overall, exports recorded a relatively flat trend pattern. The smallest decline of 99.9% was in 2020. Over the period under review, the exports attained the maximum at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, electrical insulator exports fell markedly to $X in 2022. Over the period under review, exports faced a significant decline. The growth pace was the most rapid in 2020 when exports increased by 33%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Electrical Insulator Imports

Imports into Myanmar

In 2022, after five years of growth, there was significant decline in supplies from abroad of electrical insulators, when their volume decreased by -63.9% to X units. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 285%. Over the period under review, imports reached the maximum at X units in 2021, and then declined rapidly in the following year.

In value terms, electrical insulator imports fell dramatically to $X in 2022. In general, imports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2013 with an increase of 261% against the previous year. Over the period under review, imports attained the maximum at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) was the main electrical insulator supplier to Myanmar, with a 96% share of total imports. It was followed by Japan (X units), with a 1% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China stood at +64.5%.

In value terms, China ($X) constituted the largest supplier of electrical insulators to Myanmar, comprising 76% of total imports. The second position in the ranking was taken by Japan ($X), with an 8.1% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to +24.5%.

Import Prices by Country

In 2022, the average electrical insulator import price amounted to $X per unit, dropping by -18.4% against the previous year. In general, the import price recorded a significant decline. The pace of growth appeared the most rapid in 2020 an increase of 4.4% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for China stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-4.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electrical insulators in the world?

The country with the largest volume of electrical insulator consumption was China, accounting for 32% of total volume. Moreover, electrical insulator consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. The third position in this ranking was occupied by India, with a 7.1% share.

What are the largest producers of electrical insulators in the world?

The country with the largest volume of electrical insulator production was China, accounting for 46% of total volume. Moreover, electrical insulator production in China exceeded the figures recorded by the second-largest producer, India, sixfold. The third position in this ranking was occupied by the United States, with a 5.9% share.

What are the leading suppliers of electrical insulators to Myanmar?

In value terms, China constituted the largest supplier of electrical insulator to Myanmar, comprising 57% of total imports. The second position in the ranking was occupied by Japan, with a 24% share of total imports.

What is the average export price for electrical insulators in Myanmar?

The average electrical insulator export price stood at $11 per unit in 2020, surging by 24% against the previous year.

What is the average import price for electrical insulators in Myanmar?

The average electrical insulator import price stood at $1.3 per unit in 2021, with a decrease of -65.1% against the previous year.

This report provides an in-depth analysis of the electrical insulator 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 27901230 - Electrical insulators (excluding of glass or ceramics)
Prodcom 23431030 - Electrical insulators of ceramics (excluding insulating fittings)
Prodcom 23192500 - Glass electrical insulators (excluding insulating fittings (other than insulators) for electrical machinery, appliances or equipment)

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