Myanmar: Market for Gas and Smoke Analysers 2024

Market Size for Gas and Smoke Analysers in Myanmar

The Myanmar's gas and smoke analyser market declined remarkably to $X in 2021, shrinking by -86% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a dramatic setback. Gas and smoke analyser consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Exports of Gas and Smoke Analysers

Exports from Myanmar

In 2021, shipments abroad of gas and smoke analysers increased by 50% to X units, rising for the third consecutive year after three years of decline. Over the period under review, exports recorded a perceptible increase. The most prominent rate of growth was recorded in 2015 with an increase of 240%. As a result, the exports attained the peak of X units. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, gas and smoke analyser exports dropped modestly to $X in 2021. In general, exports, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2014 when exports increased by 513% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for gas and smoke analyser exports from Myanmar, accounting for a 50% share of total exports. Moreover, gas and smoke analyser exports to the United States exceeded the volume sent to the second major destination, Spain (X units), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +200.0%.

In value terms, the United States ($X) emerged as the key foreign market for gas and smoke analysers exports from Myanmar, comprising 38% of total exports. The second position in the ranking was taken by Germany ($X), with a 6.6% share of total exports. It was followed by Spain, with a 4.1% share.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +62.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-24.9% per year) and Spain (-93.1% per year).

Export Prices by Country

The average gas and smoke analyser export price stood at $X per unit in 2021, declining by -23.7% against the previous year. In general, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 722% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Singapore ($X per unit), while the average price for exports to Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+12.9%), while the prices for the other major destinations experienced a decline.

Imports of Gas and Smoke Analysers

Imports into Myanmar

In 2021, supplies from abroad of gas and smoke analysers decreased by -83.5% to X units, falling for the third year in a row after two years of growth. In general, imports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by 424%. Imports peaked at X units in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, gas and smoke analyser imports contracted remarkably to $X in 2021. Over the period under review, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2017 when imports increased by 1,111%. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Thailand (X units) constituted the largest supplier of gas and smoke analyser to Myanmar, with a 47% share of total imports. Moreover, gas and smoke analyser imports from Thailand exceeded the figures recorded by the second-largest supplier, South Korea (X units), fourfold. The third position in this ranking was taken by Canada (X units), with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Thailand totaled -24.3%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-23.1% per year) and Canada (-35.7% per year).

In value terms, Thailand ($X), Singapore ($X) and China ($X) were the largest gas and smoke analyser suppliers to Myanmar, together comprising 38% of total imports. These countries were followed by the Netherlands, Switzerland, South Korea, Hungary, Canada, the UK, Israel, the United Arab Emirates and Indonesia, which together accounted for a further 25%.

Among the main suppliers, the Netherlands, with a CAGR of +184.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average gas and smoke analyser import price stood at $X per unit in 2021, reducing by -22.2% against the previous year. In general, the import price, however, continues to indicate a significant increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 131% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2020, and then reduced rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Hungary ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+93.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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