Myanmar - Mobile Lifting Frames on Tyres and Straddle Carriers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMyanmar: Mobile Lifting Frame Market 2024
Mobile Lifting Frame Market Size in Myanmar
After two years of growth, the Myanmar's mobile lifting frame market decreased by -75.8% to $X in 2021. In general, consumption continues to indicate a abrupt contraction. As a result, consumption reached the peak level of $X, and then declined sharply in the following year.
Mobile Lifting Frame Exports
Exports from Myanmar
In 2021, overseas shipments of mobile lifting frames on tyres and straddle carriers were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, exports recorded a resilient expansion. The growth pace was the most rapid in 2017 with an increase of 2,343% against the previous year. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.
In value terms, mobile lifting frame exports skyrocketed to $X in 2021. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 3,291% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.
Exports by Country
From 2012 to 2021, the average annual rate of growth in terms of volume to No country was relatively modest.
In value terms, Singapore ($X) also remains the key foreign market for mobile lifting frames on tyres and straddle carriers exports from Myanmar.
From 2012 to 2021, the average annual growth rate of value to Singapore totaled +38.1%.
Export Prices by Country
The average mobile lifting frame export price stood at $X per unit in 2020, surging by 6.7% against the previous year. Overall, the export price showed moderate growth. The growth pace was the most rapid in 2016 an increase of 64% against the previous year. Over the period under review, the average export prices reached the peak figure in 2020 and is likely to continue growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Taiwan (Chinese).
From 2012 to 2020, the rate of growth in terms of prices for Singapore amounted to -4.7% per year.
Mobile Lifting Frame Imports
Imports into Myanmar
In 2021, overseas purchases of mobile lifting frames on tyres and straddle carriers decreased by -72.4% to X units for the first time since 2017, thus ending a three-year rising trend. Overall, imports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2013 when imports increased by 137%. Over the period under review, imports reached the maximum at X units in 2020, and then fell significantly in the following year.
In value terms, mobile lifting frame imports fell rapidly to $X in 2021. Over the period under review, imports recorded a perceptible slump. The most prominent rate of growth was recorded in 2013 with an increase of 137% against the previous year. Over the period under review, imports attained the maximum at $X in 2020, and then reduced dramatically in the following year.
Imports by Country
In 2021, Japan (X units) constituted the largest mobile lifting frame supplier to Myanmar, with a 73% share of total imports. Moreover, mobile lifting frame imports from Japan exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. India (X units) ranked third in terms of total imports with a 3.9% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from Japan amounted to +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-5.1% per year) and India (-10.6% per year).
In value terms, Japan ($X) constituted the largest supplier of mobile lifting frames on tyres and straddle carriers to Myanmar, comprising 75% of total imports. The second position in the ranking was taken by Germany ($X), with an 18% share of total imports. It was followed by India, with a 4.2% share.
From 2012 to 2021, the average annual growth rate of value from Japan totaled +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-5.8% per year) and India (-11.0% per year).
Import Prices by Country
In 2021, the average mobile lifting frame import price amounted to $X per unit, falling by -13% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 10%. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from India ($X per unit) and Singapore ($X per unit), while the price for Germany ($X per unit) and China ($X per unit) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+0.4%), 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 mobile lifting frame 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 28221433 - Mobile lifting frames on tyres and straddle carriers
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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