We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Report Myanmar - Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings and Hand Wheels - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Myanmar - Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings and Hand Wheels - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Myanmar: Market for Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings And Hand Wheels 2022

Market Size for Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings And Hand Wheels in Myanmar

The Myanmar's market for non-automatic lubricating pots, greasing nipples, oil seal rings and hand wheels declined sharply to $X in 2021, with a decrease of -87.2% 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). In general, consumption continues to indicate a abrupt shrinkage. As a result, consumption attained the peak level of $X, and then declined markedly in the following year.

Exports of Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings And Hand Wheels

Exports from Myanmar

In 2021, grease fittings and oil seals exports from Myanmar skyrocketed to X units, picking up by 4,725% compared with the year before. Overall, exports recorded a significant expansion. Over the period under review, the exports reached the peak figure at X units in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, grease fittings and oil seals exports soared to $X in 2021. Over the period under review, exports showed significant growth. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

South Africa (X units) was the main destination for grease fittings and oil seals exports from Myanmar, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to South Africa was relatively modest.

From 2012 to 2021, the average annual rate of growth in terms of value to South Africa was relatively modest.

Export Prices by Country

In 2021, the average export price for non-automatic lubricating pots, greasing nipples, oil seal rings and hand wheels amounted to $X per unit, reducing by -64.9% against the previous year. Overall, the export price showed a abrupt downturn. The growth pace was the most rapid in 2015 an increase of 166%. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2021, the rate of growth in terms of prices for South Korea amounted to +41.3% per year.

Imports of Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings And Hand Wheels

Imports into Myanmar

In 2021, imports of non-automatic lubricating pots, greasing nipples, oil seal rings and hand wheels into Myanmar shrank sharply to X units, waning by -83.8% against 2020. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 160%. As a result, imports reached the peak of X units, and then fell markedly in the following year.

In value terms, grease fittings and oil seals imports fell dramatically to $X in 2021. In general, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 143% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) was the main supplier of grease fittings and oil seals to Myanmar, accounting for a 94% share of total imports. It was followed by the United States (X units), with a 2.8% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +21.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+5.1% per year) and Thailand (+9.3% per year).

In value terms, China ($X) constituted the largest supplier of grease fittings and oil seals to Myanmar, comprising 66% of total imports. The second position in the ranking was taken by the United States ($X), with a 16% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled +6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-0.5% per year) and Thailand (+5.9% per year).

Import Prices by Country

The average import price for non-automatic lubricating pots, greasing nipples, oil seal rings and hand wheels stood at $X per unit in 2021, reducing by -61.4% against the previous year. Over the period under review, the import price showed a abrupt downturn. The pace of growth appeared the most rapid in 2017 an increase of 95%. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (-0.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of grease fittings and oil seals consumption was China, accounting for 25% of total volume. Moreover, grease fittings and oil seals consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 9.9% share.
China remains the largest grease fittings and oil seals producing country worldwide, comprising approx. 26% of total volume. Moreover, grease fittings and oil seals production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 9.9% share.
In value terms, China, Singapore and Italy appeared to be the largest grease fittings and oil seals suppliers to Myanmar, together accounting for 94% of total imports.
In value terms, Singapore remains the key foreign market for grease fittings and oil seals exports from Myanmar, comprising 91% of total exports. The second position in the ranking was occupied by South Korea $800), with a 9.2% share of total exports.
In 2021, the average export price for non-automatic lubricating pots, greasing nipples, oil seal rings and hand wheels amounted to $11 per unit, which is down by -5.2% against the previous year.
In 2021, the average import price for non-automatic lubricating pots, greasing nipples, oil seal rings and hand wheels amounted to $13 per unit, with a decrease of -40.6% against the previous year.

This report provides an in-depth analysis of the market for grease fittings and oil seals 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 28298400 - Non-automatic lubricating pots, greasing nipples, oil seal rings, hand wheels, levers, hand grips, safety guards and baseplates for machinery

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 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

  12. 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

Recommended reports

World - Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings and Hand Wheels - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 500

This report provides an in-depth analysis of the global market for grease fittings and oil seals.

EU - Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings and Hand Wheels - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 288

This report provides an in-depth analysis of the market for grease fittings and oil seals in the EU.

Asia - Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings and Hand Wheels - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 274

This report provides an in-depth analysis of the market for grease fittings and oil seals in Asia.

U.S. - Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings and Hand Wheels - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 304

This report provides an in-depth analysis of the market for grease fittings and oil seals in the U.S..

China - Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings and Hand Wheels - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 265

This report provides an in-depth analysis of the market for grease fittings and oil seals in China.

Free Data: Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings And Hand Wheels - Myanmar
Table
Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings And Hand Wheels - Myanmar - Table
Dashboard
Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings And Hand Wheels - Myanmar - Dashboard
Report
Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings And Hand Wheels - Myanmar - Report