Report Update Nov 1, 2024

Myanmar - Iron or Steel Leaf-Springs and Leaves - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Market for Iron Or Steel Leaf-Springs And Leaves 2022

Market Size for Iron Or Steel Leaf-Springs And Leaves in Myanmar

The Myanmar's market for iron or steel leaf-springs and leaves dropped remarkably to $X in 2020, waning by -X% 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). Overall, consumption saw a pronounced decrease. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, the market reached the maximum level at $X in 2011; however, from 2012 to 2020, consumption remained at a lower figure.

Exports of Iron Or Steel Leaf-Springs And Leaves

Exports from Myanmar

In 2020, after four years of decline, there was significant decline in shipments abroad of iron or steel leaf-springs and leaves, when their volume decreased by -X% to X kg. Over the period under review, exports showed a abrupt curtailment. Over the period under review, exports hit record highs at X kg in 2009; however, from 2010 to 2020, exports stood at a somewhat lower figure.

In value terms, exports of iron or steel leaf-springs and leaves shrank notably to $X in 2020. Overall, exports showed a deep contraction. Exports peaked at $X in 2009; however, from 2010 to 2020, exports remained at a lower figure.

Exports by Country

Canada (X kg) was the main destination for exports of iron or steel leaf-springs and leaves from Myanmar, with a approx. X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to Canada totaled -X%.

From 2007 to 2019, the average annual growth rate of value to Canada totaled -X%.

Export Prices by Country

In 2019, the average export price for iron or steel leaf-springs and leaves amounted to $X per ton, flattening at the previous year. In general, the export price saw moderate growth. The growth pace was the most rapid in 2010 when the average export price increased by X% year-to-year. As a result, export price attained the peak level of $X per ton. from 2011 to 2019, the growth in terms of the average export prices remained at a lower figure.

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

From 2007 to 2019, the rate of growth in terms of prices for Canada amounted to +X% per year.

Imports of Iron Or Steel Leaf-Springs And Leaves

Imports into Myanmar

Imports of iron or steel leaf-springs and leaves into Myanmar shrank notably to X tons in 2020, waning by -X% compared with the previous year. Over the period under review, imports showed a abrupt setback. The growth pace was the most rapid in 2017 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tons in 2009; however, from 2010 to 2020, imports remained at a lower figure.

In value terms, imports of iron or steel leaf-springs and leaves dropped sharply to $X in 2020. Overall, imports continue to indicate a perceptible contraction. The pace of growth was the most pronounced in 2017 when imports increased by X% y-o-y. Imports peaked at $X in 2011; however, from 2012 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, China (X tons) constituted the largest iron or steel leaf-spring and leave supplier to Myanmar, accounting for a X% share of total imports. Moreover, imports of iron or steel leaf-springs and leaves from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), threefold. The third position in this ranking was occupied by Thailand (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+X% per year) and Thailand (+X% per year).

In value terms, China ($X), Vietnam ($X) and Thailand ($X) constituted the largest iron or steel leaf-spring and leave suppliers to Myanmar, with a combined X% share of total imports. These countries were followed by Japan, Malaysia and India, which together accounted for a further X recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for iron or steel leaf-springs and leaves stood at $X per ton in 2020, falling by -X% against the previous year. Overall, import price indicated a measured increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. Over the period under review, average import prices attained the maximum at $X per ton in 2019, and then fell markedly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Thailand, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel leaf-springs and leaves in the world?

China constituted the country with the largest volume of consumption of iron or steel leaf-springs and leaves, comprising approx. 29% of total volume. Moreover, consumption of iron or steel leaf-springs and leaves in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 7.4% share.

What are the largest producers of iron or steel leaf-springs and leaves in the world?

The country with the largest volume of production of iron or steel leaf-springs and leaves was China, comprising approx. 30% of total volume. Moreover, production of iron or steel leaf-springs and leaves in China exceeded the figures recorded by the second-largest producer, Mexico, twofold. India ranked third in terms of total production with a 9.1% share.

What are the leading suppliers of iron or steel leaf-springs and leaves to Myanmar?

In value terms, China, Vietnam and Thailand constituted the largest iron or steel leaf-spring and leave suppliers to Myanmar, with a combined 88% share of total imports.

What are the leading importers of iron or steel leaf-springs and leaves from Myanmar?

In value terms, Canada $356) remains the key foreign market for iron or steel leaf-spring and leave exports from Myanmar.

What is the average export price for iron or steel leaf-springs and leaves in Myanmar?

In 2021, the average export price for iron or steel leaf-springs and leaves amounted to $3,708 per ton, approximately reflecting the previous year.

What is the average import price for iron or steel leaf-springs and leaves in Myanmar?

The average import price for iron or steel leaf-springs and leaves stood at $593 per ton in 2021, shrinking by -33.9% against the previous year.

This report provides an in-depth analysis of the market for iron or steel leaf-spring and leave 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 2025.

Product coverage:

Prodcom 25931613 - Iron or steel hot-worked laminated leaf-springs and leaves therefor
Prodcom 25931615 - Iron or steel hot-worked non-laminated leaf-springs and leaves therefor
Prodcom 25931617 - Iron or steel cold-formed leaf-springs and leaves therefor

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