Myanmar - Motorcycles, fitted with a motor, with reciprocating internal combustion piston engine of a cylinder capacity <= 50 cm³ - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMyanmar: Market for Motorcycles and Cycles With an Auxiliary Motor 2024
Market Size for Motorcycles and Cycles With an Auxiliary Motor in Myanmar
After four years of growth, the Myanmar's market for motorcycles and cycles with an auxiliary motor decreased by -30.4% to $X in 2021. In general, consumption recorded a relatively flat trend pattern. Consumption of peaked at $X in 2020, and then declined sharply in the following year.
Exports of Motorcycles and Cycles With an Auxiliary Motor
Exports from Myanmar
Exports of motorcycles and cycles with an auxiliary motor from Myanmar skyrocketed to X units in 2020, with an increase of 400% against the previous year's figure. Overall, exports, however, recorded a abrupt setback. Over the period under review, the exports of attained the peak figure at X units in 2014; however, from 2015 to 2020, the exports failed to regain momentum.
In value terms, exports of motorcycles and cycles with an auxiliary motor soared to $X in 2020. In general, exports, however, faced a dramatic setback. Over the period under review, the exports of attained the peak figure at $X in 2014; however, from 2015 to 2020, the exports failed to regain momentum.
Exports by Country
Singapore (X units) was the main destination for exports of motorcycles and cycles with an auxiliary motor from Myanmar, accounting for a approx. 100% share of total exports.
From 2012 to 2020, the average annual growth rate of volume to Singapore was relatively modest.
In value terms, Singapore ($X) emerged as the key foreign market for motorcycles and cycles with an auxiliary motor exports from Myanmar.
From 2012 to 2020, the average annual rate of growth in terms of value to Singapore stood at +7.4%.
Export Prices by Country
In 2020, the average export price for motorcycles and cycles with an auxiliary motor amounted to $X per unit, waning by -28.6% against the previous year. Over the period under review, the export price saw a significant contraction. The pace of growth appeared the most rapid in 2013 a decrease of -12.8% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2020, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2012 to 2020, the rate of growth in terms of prices for Singapore amounted to -27.7% per year.
Imports of Motorcycles and Cycles With an Auxiliary Motor
Imports into Myanmar
In 2021, after five years of growth, there was significant decline in overseas purchases of motorcycles and cycles with an auxiliary motor, when their volume decreased by -26.1% to X units. Overall, imports, however, showed a significant increase. The growth pace was the most rapid in 2013 when imports increased by 480% against the previous year. Over the period under review, imports of attained the maximum at X units in 2020, and then reduced rapidly in the following year.
In value terms, imports of motorcycles and cycles with an auxiliary motor fell notably to $X in 2021. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 468%. Over the period under review, imports of hit record highs at $X in 2020, and then declined rapidly in the following year.
Imports by Country
In 2021, Thailand (X units) constituted the largest supplier of motorcycles and cycles with an auxiliary motor to Myanmar, with a 68% share of total imports. Moreover, imports of motorcycles and cycles with an auxiliary motor from Thailand exceeded the figures recorded by the second-largest supplier, China (X units), fourfold.
From 2012 to 2021, the average annual rate of growth in terms of volume from Thailand totaled +56.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+17.5% per year) and Singapore (+83.2% per year).
In value terms, Thailand ($X) constituted the largest supplier of motorcycles and cycles with an auxiliary motor to Myanmar, comprising 69% of total imports. The second position in the ranking was held by China ($X), with a 25% share of total imports.
From 2012 to 2021, the average annual growth rate of value from Thailand amounted to +41.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+11.3% per year) and Singapore (+44.0% per year).
Import Prices by Country
In 2021, the average import price for motorcycles and cycles with an auxiliary motor amounted to $X per unit, with a decrease of -22.1% against the previous year. Over the period under review, the import price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2015 an increase of 56%. As a result, import price attained the peak level of $X per unit. From 2016 to 2021, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($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 Taiwan (Chinese) (+1,710.4%), 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 market for motorcycles and cycles with an auxiliary motor 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 30911100 - Motorcycles, and cycles fitted with an auxiliary motor, with an engine capacity . .50 cm.
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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