Myanmar: Market for Machine-Tools For Working Stone, Ceramics, And Concrete 2025

Market Size for Machine-Tools For Working Stone, Ceramics, And Concrete in Myanmar

The Myanmar's market for machine-tools for working stone, ceramics, and concrete totaled $X in 2022, increasing by 12% against the previous year. Overall, consumption, however, recorded a pronounced setback. Machine tools for working stone consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Machine-Tools For Working Stone, Ceramics, And Concrete in Myanmar

In value terms, machine tools for working stone production expanded to $X in 2022 estimated in export price. In general, production, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year. Machine tools for working stone production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Machine-Tools For Working Stone, Ceramics, And Concrete

Exports from Myanmar

After two years of decline, shipments abroad of machine-tools for working stone, ceramics, and concrete decreased by 0% to X units in 2022. Over the period under review, exports recorded a deep slump. The growth pace was the most rapid in 2019 when exports increased by 21% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, machine tools for working stone exports amounted to $X in 2022. In general, exports faced a deep downturn. The most prominent rate of growth was recorded in 2019 when exports increased by 13%. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Vietnam (X units) was the main destination for machine tools for working stone exports from Myanmar, accounting for a approx. 100% share of total exports.

From 2016 to 2022, the average annual growth rate of volume to Vietnam was relatively modest.

From 2016 to 2022, the average annual growth rate of value to Vietnam was relatively modest.

Export Prices by Country

In 2022, the average export price for machine-tools for working stone, ceramics, and concrete amounted to $X per unit, approximately equating the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price decreased by -7% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

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

From 2016 to 2022, the rate of growth in terms of prices for Thailand amounted to +52.1% per year.

Imports of Machine-Tools For Working Stone, Ceramics, And Concrete

Imports into Myanmar

In 2022, overseas purchases of machine-tools for working stone, ceramics, and concrete were finally on the rise to reach X units after two years of decline. Over the period under review, imports, however, showed a noticeable curtailment. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, machine tools for working stone imports soared to $X in 2022. In general, imports, however, saw a pronounced decline. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Taiwan (Chinese) (X units) constituted the largest supplier of machine tools for working stone to Myanmar, with a 90% share of total imports. Moreover, machine tools for working stone imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Taiwan (Chinese) totaled +5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-17.6% per year) and Thailand (-12.1% per year).

In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of machine-tools for working stone, ceramics, and concrete to Myanmar, comprising 90% of total imports. The second position in the ranking was held by China ($X), with a 7.2% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Taiwan (Chinese) totaled +13.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-19.6% per year) and Thailand (-15.4% per year).

Import Prices by Country

The average import price for machine-tools for working stone, ceramics, and concrete stood at $X per unit in 2022, rising by 34% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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