Report Update Nov 1, 2024

Myanmar - Personal Weighing Machines - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

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: Personal Weighing Machine Market 2024

Personal Weighing Machine Market Size in Myanmar

In 2022, the Myanmar's personal weighing machine market increased by 10% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, continues to indicate a mild slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Personal Weighing Machine Production in Myanmar

In value terms, personal weighing machine production dropped modestly to $X in 2022 estimated in export price. Overall, production, however, recorded a noticeable contraction. The pace of growth was the most pronounced in 2018 when the production volume increased by 27%. Personal weighing machine production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Personal Weighing Machine Exports

Exports from Myanmar

In 2022, personal weighing machine exports from Myanmar soared to X units, jumping by 400% against 2021 figures. Over the period under review, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, personal weighing machine exports soared to $X in 2022. Overall, exports showed a perceptible expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

From 2012 to 2022, the average annual growth rate of volume to No country was relatively modest.

From 2012 to 2022, the average annual rate of growth in terms of value to No country was relatively modest.

Personal Weighing Machine Imports

Imports into Myanmar

Personal weighing machine imports into Myanmar surged to X units in 2022, jumping by 245% compared with the year before. Overall, imports posted a significant increase. The growth pace was the most rapid in 2013 with an increase of 291%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, personal weighing machine imports surged to $X in 2022. In general, imports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2013 with an increase of 309%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of personal weighing machine to Myanmar, accounting for a 80% share of total imports. Moreover, personal weighing machine imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), fourfold.

From 2012 to 2022, the average annual growth rate of volume from China totaled +37.4%.

In value terms, China ($X) constituted the largest supplier of personal weighing machines to Myanmar, comprising 86% of total imports. The second position in the ranking was held by Vietnam ($X), with a 13% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled +30.9%.

Import Prices by Country

In 2022, the average personal weighing machine import price amounted to $X per unit, declining by -36.2% against the previous year. Overall, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2016 when the average import price increased by 25% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for Vietnam totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-4.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for personal weighing machines in the world?

The countries with the highest volumes of in 2021 were South Africa, China and the United States, together comprising 59% of global consumption. These countries were followed by India, Russia, Indonesia, Germany, Turkey, France, the UK, Japan and Brazil, which together accounted for a further 24%.

What are the largest producers of personal weighing machines in the world?

The country with the largest volume of personal weighing machine production was China, accounting for 85% of total volume. Moreover, personal weighing machine production in China exceeded the figures recorded by the second-largest producer, India, more than tenfold. The third position in this ranking was occupied by Indonesia, with a 2.4% share.

What are the leading suppliers of personal weighing machines to Myanmar?

In value terms, China constituted the largest supplier of personal weighing machine to Myanmar, comprising 72% of total imports. The second position in the ranking was occupied by Vietnam, with a 9.2% share of total imports.

What are the leading importers of personal weighing machines from Myanmar?

In value terms, Thailand $356) remains the key foreign market for personal weighing machine exports from Myanmar, comprising 99% of total exports. The second position in the ranking was occupied by Luxembourg $1), with a 0.3% share of total exports.

What is the average export price for personal weighing machines in Myanmar?

The average personal weighing machine export price stood at $10 per unit in 2021, falling by -11.4% against the previous year.

What is the average import price for personal weighing machines in Myanmar?

The average personal weighing machine import price stood at $4.8 per unit in 2021, with an increase of 3.4% against the previous year.

This report provides an in-depth analysis of the personal weighing machine 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 28293200 - Personal weighing machines, including baby scales, h ousehold scales

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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