Report Update Nov 1, 2024

Myanmar - Machines for Mixing Mineral Substances With Bitumen - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Bitumen Mixer Market 2024

Bitumen Mixer Market Size in Myanmar

The Myanmar's bitumen mixer market reduced remarkably to $X in 2021, which is down by -38% 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). Over the period under review, consumption, however, enjoyed a measured increase. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Bitumen Mixer Exports

Exports from Myanmar

In 2019, the amount of machines for mixing mineral substances with bitumen exported from Myanmar amounted to X units, standing approx. at the previous year. Over the period under review, exports showed significant growth. The smallest decline of 99.9% was in 2018. The exports peaked in 2019 and are likely to see gradual growth in the immediate term.

In value terms, bitumen mixer exports stood at $X in 2019. Overall, exports saw a dramatic downturn. The smallest decline of 99.9% was in 2018. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2019, the exports stood at a somewhat lower figure.

Exports by Country

Japan (X units) was the main destination for bitumen mixer exports from Myanmar, accounting for a approx. 100% share of total exports.

From 2017 to 2019, the average annual growth rate of volume to Japan was relatively modest.

From 2017 to 2019, the average annual rate of growth in terms of value to Japan was relatively modest.

Export Prices by Country

In 2019, the average bitumen mixer export price amounted to $X per unit, therefore, remained relatively stable against the previous year. Over the period under review, the export price saw a precipitous shrinkage. The pace of growth was the most pronounced in 2018 a decrease of 99.9% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 to 2019, 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 Japan.

From 2017 to 2019, the rate of growth in terms of prices for Japan amounted to 0.0% per year.

Bitumen Mixer Imports

Imports into Myanmar

In 2021, the amount of machines for mixing mineral substances with bitumen imported into Myanmar dropped modestly to X units, falling by -1.9% on the previous year. Over the period under review, imports, however, posted temperate growth. The most prominent rate of growth was recorded in 2016 when imports increased by 899% against the previous year. Over the period under review, imports attained the maximum at X units in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, bitumen mixer imports reduced remarkably to $X in 2021. Overall, imports, however, posted pronounced growth. The most prominent rate of growth was recorded in 2016 when imports increased by 375%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

China (X units), South Korea (X units) and Thailand (X units) were the main suppliers of bitumen mixer imports to Myanmar, with a combined 90% share of total imports.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +28.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), India ($X) and China ($X) appeared to be the largest bitumen mixer suppliers to Myanmar, together accounting for 92% of total imports. Thailand, Italy and Singapore lagged somewhat behind, together comprising a further 7.3%.

Thailand, with a CAGR of +46.2%, saw the highest rates of growth with regard to 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

In 2021, the average bitumen mixer import price amounted to $X per unit, with a decrease of -36.8% against the previous year. Over the period under review, the import price, however, continues to indicate a modest increase. The most prominent rate of growth was recorded in 2018 an increase of 635% against the previous year. The import price peaked at $X per unit in 2020, and then fell significantly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+15.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machines for mixing mineral substances with bitumen in the world?

The countries with the highest volumes of bitumen mixer consumption in 2021 were South Korea, Ukraine and Indonesia, together comprising 30% of global consumption. Croatia, Thailand, Brazil, Egypt, Turkey, Senegal, Kazakhstan, Spain, Micronesia and Romania lagged somewhat behind, together accounting for a further 28%.

What are the largest producers of machines for mixing mineral substances with bitumen in the world?

The countries with the highest volumes of bitumen mixer production in 2021 were South Korea, Germany and Turkey, together comprising 52% of global production.

What are the leading suppliers of machines for mixing mineral substances with bitumen to Myanmar?

In value terms, Singapore constituted the largest supplier of bitumen mixer to Myanmar, comprising 57% of total imports. The second position in the ranking was occupied by Japan, with a 27% share of total imports. It was followed by China, with an 8.4% share.

What is the average export price for machines for mixing mineral substances with bitumen in Myanmar?

In 2019, the average bitumen mixer export price amounted to $7,117 per unit, flattening at the previous year.

What is the average import price for machines for mixing mineral substances with bitumen in Myanmar?

In 2021, the average bitumen mixer import price amounted to $11,106 per unit, with an increase of 32% against the previous year.

This report provides an in-depth analysis of the bitumen mixer market 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 28924070 - Machines for mixing mineral substances with bitumen

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