Report Update Nov 1, 2024

Myanmar - Iron or Steel Bridges and Bridge-Sections - 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: Market for Iron Or Steel Bridges And Bridge-Sections 2024

Market Size for Iron Or Steel Bridges And Bridge-Sections in Myanmar

In 2022, the Myanmar's iron or steel bridges market increased by 194% to $X for the first time since 2016, thus ending a five-year declining trend. Overall, consumption, however, showed a deep contraction. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Exports of Iron Or Steel Bridges And Bridge-Sections

Exports from Myanmar

In 2022, overseas shipments of iron or steel bridges and bridge-sections were finally on the rise to reach X tons after three years of decline. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 209%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, iron or steel bridges exports skyrocketed to $X in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of 158% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bangladesh (X tons) was the main destination for iron or steel bridges exports from Myanmar, accounting for a 93% share of total exports. Moreover, iron or steel bridges exports to Bangladesh exceeded the volume sent to the second major destination, Taiwan (Chinese) (X tons), more than tenfold.

From 2015 to 2022, the average annual growth rate of volume to Bangladesh stood at +58.1%.

In value terms, Bangladesh ($X) emerged as the key foreign market for iron or steel bridges and bridge-sections exports from Myanmar, comprising 92% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with an 8% share of total exports.

From 2015 to 2022, the average annual growth rate of value to Bangladesh totaled +56.7%.

Export Prices by Country

In 2022, the average iron or steel bridges export price amounted to $X per ton, declining by -17.6% against the previous year. In general, the export price recorded a perceptible setback. The pace of growth was the most pronounced in 2019 an increase of 24% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to Bangladesh totaled $X per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+37.7%), while the prices for the other major destinations experienced a decline.

Imports of Iron Or Steel Bridges And Bridge-Sections

Imports into Myanmar

After five years of decline, purchases abroad of iron or steel bridges and bridge-sections increased by 213% to X tons in 2022. Over the period under review, imports, however, continue to indicate a deep downturn. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, iron or steel bridges imports surged to $X in 2022. Overall, imports, however, continue to indicate a drastic downturn. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest iron or steel bridges supplier to Myanmar, accounting for a 57% share of total imports. Moreover, iron or steel bridges imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), twofold. Japan (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled -7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+38.6% per year) and Japan (+16.2% per year).

In value terms, Japan ($X), China ($X) and Thailand ($X) were the largest iron or steel bridges suppliers to Myanmar, with a combined 97% share of total imports.

In terms of the main suppliers, Thailand, with a CAGR of +35.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average iron or steel bridges import price stood at $X per ton in 2022, waning by -9.9% against the previous year. Overall, the import price continues to indicate a pronounced shrinkage. The growth pace was the most rapid in 2021 when the average import price increased by 32%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (-2.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel bridges and bridge-sections in the world?

The country with the largest volume of iron or steel bridges consumption was China, comprising approx. 26% of total volume. Moreover, iron or steel bridges consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 6.7% share.

What are the largest producers of iron or steel bridges and bridge-sections in the world?

China constituted the country with the largest volume of iron or steel bridges production, comprising approx. 29% of total volume. Moreover, iron or steel bridges production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 6.8% share.

What are the leading suppliers of iron or steel bridges and bridge-sections to Myanmar?

In value terms, Japan, China and Vietnam constituted the largest iron or steel bridges suppliers to Myanmar, together comprising 87% of total imports. These countries were followed by Thailand and India, which together accounted for a further 6.7%.

What are the leading importers of iron or steel bridges and bridge-sections from Myanmar?

In value terms, Sri Lanka remains the key foreign market for iron or steel bridges exports from Myanmar, comprising 97% of total exports. The second position in the ranking was occupied by Japan, with a 2.5% share of total exports.

What is the average export price for iron or steel bridges and bridge-sections in Myanmar?

The average iron or steel bridges export price stood at $2,064 per ton in 2021, increasing by 8.8% against the previous year.

What is the average import price for iron or steel bridges and bridge-sections in Myanmar?

In 2021, the average iron or steel bridges import price amounted to $1,592 per ton, rising by 38% against the previous year.

This report provides an in-depth analysis of the market for iron or steel bridges 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 25112100 - Iron or steel bridges and bridge-sections

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