Report Update Nov 1, 2024

Myanmar - Hydraulic Presses for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Hydraulic Press Market 2024

Hydraulic Press Market Size in Myanmar

After three years of decline, the Myanmar's hydraulic press market increased by 13% to $X in 2022. Overall, consumption continues to indicate buoyant growth. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Hydraulic Press Exports

Exports from Myanmar

In 2022, after two years of growth, there was significant decline in overseas shipments of hydraulic presses for working metal, when their volume decreased by -50% to X units. Overall, exports faced a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 100%. Over the period under review, the exports reached the peak figure at X units in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, hydraulic press exports rose rapidly to $X in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2017 with an increase of 62,170% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Singapore (X units) was the main destination for hydraulic press exports from Myanmar, with a approx. 100% share of total exports.

From 2016 to 2022, the average annual rate of growth in terms of volume to Singapore totaled +12.2%.

In value terms, Singapore ($X) emerged as the key foreign market for hydraulic presses for working metal exports from Myanmar.

From 2016 to 2022, the average annual rate of growth in terms of value to Singapore totaled +117.6%.

Export Prices by Country

In 2022, the average hydraulic press export price amounted to $X per unit, increasing by 111% against the previous year. Overall, the export price posted significant growth. The pace of growth appeared the most rapid in 2017 an increase of 233,414% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2016 to 2022, the rate of growth in terms of prices for Singapore amounted to +93.9% per year.

Hydraulic Press Imports

Imports into Myanmar

In 2022, the amount of hydraulic presses for working metal imported into Myanmar skyrocketed to X units, increasing by 57% compared with the previous year. In general, imports recorded a buoyant increase. The pace of growth was the most pronounced in 2013 when imports increased by 363%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, hydraulic press imports expanded significantly to $X in 2022. Overall, imports posted a resilient expansion. The pace of growth was the most pronounced in 2013 with an increase of 419%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of hydraulic press to Myanmar, accounting for a 62% share of total imports. Moreover, hydraulic press imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), twofold. Taiwan (Chinese) (X units) ranked third in terms of total imports with a 1.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +38.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+57.2% per year) and Taiwan (Chinese) (+17.5% per year).

In value terms, Italy ($X) constituted the largest supplier of hydraulic presses for working metal to Myanmar, comprising 69% of total imports. The second position in the ranking was held by China ($X), with a 19% share of total imports. It was followed by Taiwan (Chinese), with a 3.6% share.

From 2012 to 2022, the average annual growth rate of value from Italy totaled +84.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+22.2% per year) and Taiwan (Chinese) (+9.4% per year).

Import Prices by Country

The average hydraulic press import price stood at $X per unit in 2022, dropping by -29.3% against the previous year. Overall, the import price recorded a pronounced downturn. The growth pace was the most rapid in 2018 when the average import price increased by 69% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+17.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hydraulic presses for working metal in the world?

The countries with the highest volumes of in 2021 were China, Finland and the United States, with a combined 41% share of global consumption.

What are the largest producers of hydraulic presses for working metal in the world?

The country with the largest volume of hydraulic press production was China, comprising approx. 47% of total volume. Moreover, hydraulic press production in China exceeded the figures recorded by the second-largest producer, Finland, fourfold. The United States ranked third in terms of total production with a 5.3% share.

What are the leading suppliers of hydraulic presses for working metal to Myanmar?

In value terms, China constituted the largest supplier of hydraulic press to Myanmar, comprising 57% of total imports. The second position in the ranking was occupied by Taiwan Chinese), with a 22% share of total imports.

What is the average export price for hydraulic presses for working metal in Myanmar?

The average hydraulic press export price stood at $27,398 per unit in 2020, standing approx. at the previous year.

What is the average import price for hydraulic presses for working metal in Myanmar?

In 2021, the average hydraulic press import price amounted to $3,300 per unit, growing by 8.5% against the previous year.

This report provides an in-depth analysis of the hydraulic press 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 28413350 - Hydraulic presses for working metal

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