Myanmar: Market for Hydraulic Pumps (Gear or Vane) and other Rotary Positive Displacement Pumps 2025

Market Size for Hydraulic Pumps (Gear or Vane) and other Rotary Positive Displacement Pumps in Myanmar

In 2021, after two years of growth, there was significant decline in the Myanmar's market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps, when its value decreased by -11.3% to $X. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Production of Hydraulic Pumps (Gear or Vane) and other Rotary Positive Displacement Pumps in Myanmar

In value terms, production of hydraulic pumps (gear or vane) and other rotary positive displacement pumps shrank markedly to $X in 2021 estimated in export price. Over the period under review, the total production indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +37.0% against 2018 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by 57% against the previous year. As a result, production attained the peak level of $X, and then contracted notably in the following year.

Exports of Hydraulic Pumps (Gear or Vane) and other Rotary Positive Displacement Pumps

Exports from Myanmar

In 2021, after two years of growth, there was significant decline in shipments abroad of hydraulic pumps (gear or vane) and other rotary positive displacement pumps, when their volume decreased by -99.4% to X units. Over the period under review, exports, however, enjoyed slight growth. The pace of growth was the most pronounced in 2016 with an increase of 9,621% against the previous year. The exports peaked at X units in 2020, and then declined remarkably in the following year.

In value terms, exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps dropped significantly to $X in 2021. Overall, exports continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2016 when exports increased by 11,925%. The exports peaked at $X in 2020, and then dropped remarkably in the following year.

Exports by Country

Thailand (X units) was the main destination for exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps from Myanmar, accounting for a approx. 99% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Thailand amounted to +71.0%.

In value terms, Thailand ($X) remains the key foreign market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps exports from Myanmar, comprising 99% of total exports. The second position in the ranking was held by Singapore ($X), with a 0.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Thailand totaled +147.4%.

Export Prices by Country

The average export price for hydraulic pumps (gear or vane) and other rotary positive displacement pumps stood at $X per unit in 2021, falling by -15.7% against the previous year. Over the period under review, the export price showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 when the average export price increased by 93%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($X per unit), while the average price for exports to Singapore amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+1.6%), while the prices for the other major destinations experienced a decline.

Imports of Hydraulic Pumps (Gear or Vane) and other Rotary Positive Displacement Pumps

Imports into Myanmar

In 2021, supplies from abroad of hydraulic pumps (gear or vane) and other rotary positive displacement pumps decreased by -36.1% to X units for the first time since 2018, thus ending a two-year rising trend. Overall, imports, however, showed strong growth. The pace of growth appeared the most rapid in 2015 when imports increased by 331% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps declined to $X in 2021. Over the period under review, imports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 389% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports of remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of hydraulic pump (gear or vane) and other rotary positive displacement pump to Myanmar, with a 60% share of total imports. Moreover, imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps from China exceeded the figures recorded by the second-largest supplier, India (X units), fourfold. Singapore (X units) ranked third in terms of total imports with a 6.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +55.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+30.7% per year) and Singapore (-10.2% per year).

In value terms, China ($X) constituted the largest supplier of hydraulic pumps (gear or vane) and other rotary positive displacement pumps to Myanmar, comprising 73% of total imports. The second position in the ranking was taken by Singapore ($X), with a 6.9% share of total imports. It was followed by Canada, with a 5.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +29.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (-8.4% per year) and Canada (+52.1% per year).

Import Prices by Country

In 2021, the average import price for hydraulic pumps (gear or vane) and other rotary positive displacement pumps amounted to $X per unit, growing by 41% against the previous year. Overall, the import price, however, saw a pronounced reduction. The growth pace was the most rapid in 2013 when the average import price increased by 197% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform