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Report Myanmar - Non-Numerically Controlled Horizontal Lathes, for Removing Metal - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Myanmar - Non-Numerically Controlled Horizontal Lathes, for Removing Metal - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Non-Numerically Controlled Lathe Market 2024

Non-Numerically Controlled Lathe Market Size in Myanmar

In 2021, the Myanmar's non-numerically controlled lathe market decreased by -38.8% to $X for the first time since 2017, thus ending a three-year rising trend. Overall, consumption showed a deep slump. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Non-Numerically Controlled Lathe Exports

Exports from Myanmar

After two years of growth, overseas shipments of non-numerically controlled horizontal lathes, for removing metal decreased by -20% to X units in 2020. In general, exports, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2019 with an increase of 900% against the previous year. As a result, the exports attained the peak of X units, and then declined sharply in the following year.

In value terms, non-numerically controlled lathe exports contracted notably to $X in 2020. Overall, exports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2019 when exports increased by 872%. As a result, the exports attained the peak of $X, and then declined notably in the following year.

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, India ($X) also remains the key foreign market for non-numerically controlled horizontal lathes, for removing metal exports from Myanmar.

From 2012 to 2021, the average annual rate of growth in terms of value to India stood at -23.8%.

Export Prices by Country

The average non-numerically controlled lathe export price stood at $X per unit in 2021, with an increase of 1.9% against the previous year. Overall, the export price, however, recorded a slight contraction. The most prominent rate of growth was recorded in 2017 an increase of 79%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the average export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for India amounted to -1.5% per year.

Non-Numerically Controlled Lathe Imports

Imports into Myanmar

After three years of growth, overseas purchases of non-numerically controlled horizontal lathes, for removing metal decreased by -48.1% to X units in 2021. In general, imports saw a dramatic slump. The pace of growth appeared the most rapid in 2014 when imports increased by 1,197%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, non-numerically controlled lathe imports dropped remarkably to $X in 2021. Overall, imports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2014 with an increase of 1,331% against the previous year. Over the period under review, non-numerically controlled laimports attained the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest non-numerically controlled lathe supplier to Myanmar, accounting for a 49% share of total imports. Moreover, non-numerically controlled lathe imports from China exceeded the figures recorded by the second-largest supplier, India (X units), fourfold. Malaysia (X units) ranked third in terms of total imports with a 9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -24.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-20.3% per year) and Malaysia (-13.0% per year).

In value terms, the largest non-numerically controlled lathe suppliers to Myanmar were China ($X), India ($X) and Taiwan (Chinese) ($X), together accounting for 36% of total imports. Japan, Thailand, South Korea and Malaysia lagged somewhat behind, together accounting for a further 20%.

In terms of the main suppliers, South Korea, with a CAGR of +22.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-numerically controlled lathe import price stood at $X per unit in 2021, growing by 14% against the previous year. In general, the import price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 62% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for Malaysia ($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 (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of non-numerically controlled lathe consumption was China, accounting for 22% of total volume. Moreover, non-numerically controlled lathe consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 7% share.
China remains the largest non-numerically controlled lathe producing country worldwide, comprising approx. 35% of total volume. Moreover, non-numerically controlled lathe production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by Pakistan, with a 5.3% share.
In value terms, Taiwan Chinese), China and South Korea constituted the largest non-numerically controlled lathe suppliers to Myanmar, together accounting for 89% of total imports. Japan and India lagged somewhat behind, together accounting for a further 11%.
In value terms, India remains the key foreign market for non-numerically controlled lathe exports from Myanmar.
In 2020, the average non-numerically controlled lathe export price amounted to $5,783 per unit, falling by -11.8% against the previous year.
In 2020, the average non-numerically controlled lathe import price amounted to $4,449 per unit, picking up by 16% against the previous year.

This report provides an in-depth analysis of the non-numerically controlled lathe 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 28412140 - Non-numerically controlled horizontal lathes, for removing metal

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

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