Myanmar: Linoleum Manufacturing Machine Market 2024

Linoleum Manufacturing Machine Market Size in Myanmar

After two years of decline, the Myanmar's linoleum manufacturing machine market increased by 105% to $X in 2022. Overall, consumption saw a resilient increase. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Linoleum Manufacturing Machine Production in Myanmar

In value terms, linoleum manufacturing machine production expanded markedly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.3% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 40% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Linoleum Manufacturing Machine Exports

Exports from Myanmar

In 2022, overseas shipments of machines used in the manufacture of linoleum or other floor coverings increased by 750% to X units, rising for the second year in a row after eight years of decline. In general, exports, however, saw a deep contraction. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, linoleum manufacturing machine exports surged to $X in 2022. Over the period under review, exports, however, showed a abrupt contraction. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Cambodia (X units) was the main destination for linoleum manufacturing machine exports from Myanmar, with a 71% share of total exports. Moreover, linoleum manufacturing machine exports to Cambodia exceeded the volume sent to the second major destination, Indonesia (X units), twofold.

From 2012 to 2022, the average annual growth rate of volume to Cambodia was relatively modest.

In value terms, Cambodia ($X) emerged as the key foreign market for machines used in the manufacture of linoleum or other floor coverings exports from Myanmar, comprising 69% of total exports. The second position in the ranking was held by Indonesia ($X), with a 30% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Cambodia stood at +23,329.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+118.3% per year) and Vietnam (-43.1% per year).

Export Prices by Country

The average linoleum manufacturing machine export price stood at $X per unit in 2022, picking up by 61% against the previous year. Overall, the export price, however, saw a mild downturn. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while the average price for exports to Cambodia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (-0.7%), while the prices for the other major destinations experienced a decline.

Linoleum Manufacturing Machine Imports

Imports into Myanmar

In 2022, overseas purchases of machines used in the manufacture of linoleum or other floor coverings increased by 158% to X units for the first time since 2019, thus ending a two-year declining trend. Overall, imports saw a buoyant expansion. The pace of growth was the most pronounced in 2014 when imports increased by 1,124% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, linoleum manufacturing machine imports surged to $X in 2022. Over the period under review, imports posted a strong increase. The pace of growth appeared the most rapid in 2014 when imports increased by 1,126%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest linoleum manufacturing machine supplier to Myanmar, with a 86% share of total imports. Moreover, linoleum manufacturing machine imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X units), ninefold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +27.3%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+19.3% per year) and Thailand (+14.5% per year).

In value terms, China ($X) constituted the largest supplier of machines used in the manufacture of linoleum or other floor coverings to Myanmar, comprising 86% of total imports. The second position in the ranking was taken by South Korea ($X), with a 9.4% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +25.9%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+18.1% per year) and Thailand (+12.7% per year).

Import Prices by Country

In 2022, the average linoleum manufacturing machine import price amounted to $X per unit, waning by -12.2% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 42%. Over the period under review, average import prices hit record highs at $X per unit in 2020; however, from 2021 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 Singapore (-0.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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