Myanmar - Machine-Tools for Working Stone, Ceramics, and Concrete - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMyanmar: Market for Machine-Tools For Working Stone, Ceramics, And Concrete 2024
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
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for machine tools for working stone 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 28491170 - Machine-tools for working stone, ceramics, concrete, a sbestos-cement or like mineral materials or for cold working glass (excluding sawing machines, grinding or polishing machines)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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