Report Update Nov 1, 2024

Myanmar - Iron or Steel Parts of Articulated Link Chain - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Market for Iron Or Steel Parts Of Articulated Link Chain 2024

Market Size for Iron Or Steel Parts Of Articulated Link Chain in Myanmar

The Myanmar's metal link chain parts market was estimated at $X in 2021, remaining stable against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Metal link chain parts consumption peaked in 2021 and is likely to continue growth in years to come.

Production of Iron Or Steel Parts Of Articulated Link Chain in Myanmar

In value terms, metal link chain parts production rose significantly to $X in 2021 estimated in export price. Over the period under review, production saw a abrupt slump. The most prominent rate of growth was recorded in 2016 when the production volume increased by 57% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Exports of Iron Or Steel Parts Of Articulated Link Chain

Exports from Myanmar

Metal link chain parts exports from Myanmar totaled X kg in 2021, remaining constant against the year before. Overall, exports recorded a relatively flat trend pattern. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, metal link chain parts exports amounted to $X in 2021. In general, exports recorded a relatively flat trend pattern. The exports peaked in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Mauritius (X kg) was the main destination for metal link chain parts exports from Myanmar, with a approx. 100% share of total exports.

From 2021 to 2021, the average annual growth rate of volume to Mauritius was relatively modest.

From 2021 to 2021, the average annual rate of growth in terms of value to Mauritius was relatively modest.

Imports of Iron Or Steel Parts Of Articulated Link Chain

Imports into Myanmar

Metal link chain parts imports into Myanmar soared to X tons in 2021, with an increase of 2,856% compared with the previous year's figure. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2019 when imports increased by 64,909% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, metal link chain parts imports surged to $X in 2021. In general, imports recorded significant growth. The pace of growth was the most pronounced in 2019 when imports increased by 15,800% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), Singapore (X tons) and Thailand (X kg) were the main suppliers of metal link chain parts imports to Myanmar, with a combined 100% share of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +54.6%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Singapore ($X) constituted the largest supplier of iron or steel parts of articulated link chain to Myanmar, comprising 88% of total imports. The second position in the ranking was held by China ($X), with an 8.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Singapore stood at +48.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+20.3% per year) and Thailand (-30.8% per year).

Import Prices by Country

In 2021, the average metal link chain parts import price amounted to $X per ton, jumping by 19% against the previous year. Overall, the import price, however, continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when the average import price increased by 272% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+3.7%), 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 iron or steel parts of articulated link chain in the world?

The country with the largest volume of metal link chain parts consumption was China, comprising approx. 24% of total volume. Moreover, metal link chain parts consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. The third position in this ranking was occupied by India, with an 8.3% share.

What are the largest producers of iron or steel parts of articulated link chain in the world?

China remains the largest metal link chain parts producing country worldwide, comprising approx. 51% of total volume. Moreover, metal link chain parts production in China exceeded the figures recorded by the second-largest producer, India, sevenfold. The third position in this ranking was occupied by Germany, with a 4.3% share.

What are the leading suppliers of iron or steel parts of articulated link chain to Myanmar?

In value terms, China constituted the largest supplier of metal link chain parts to Myanmar.

What is the average export price for iron or steel parts of articulated link chain in Myanmar?

In 2011, the average metal link chain parts export price amounted to $4,339 per ton, remaining relatively unchanged against the previous year.

What is the average import price for iron or steel parts of articulated link chain in Myanmar?

In 2020, the average metal link chain parts import price amounted to $1,552 per ton, with a decrease of -22.7% against the previous year.

This report provides an in-depth analysis of the market for metal link chain parts 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 28153200 - Iron or steel parts of articulated link chain

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