Myanmar: Market for Printers, Copying Machines And Facsimile Machines 2025

Market Size for Printers, Copying Machines And Facsimile Machines in Myanmar

The Myanmar's printers and copying machines market contracted remarkably to $X in 2021, which is down by -42.7% 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). Over the period under review, consumption continues to indicate a mild decline. Printers and copying machines consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Exports of Printers, Copying Machines And Facsimile Machines

Exports from Myanmar

In 2021, the amount of printers, copying machines and facsimile machines exported from Myanmar contracted rapidly to X units, declining by -93.5% on the previous year's figure. Overall, exports saw a dramatic curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 10,700%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, printers and copying machines exports dropped markedly to $X in 2021. Over the period under review, exports faced a dramatic contraction. The most prominent rate of growth was recorded in 2020 with an increase of 10,687%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for printers and copying machines exports from Myanmar, accounting for a 57% share of total exports. Moreover, printers and copying machines exports to the United States exceeded the volume sent to the second major destination, Vietnam (X units), fourfold. Norway (X units) ranked third in terms of total exports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (-48.3% per year) and Norway (-49.3% per year).

In value terms, the United States ($X), Vietnam ($X) and Norway ($X) were the largest markets for printers and copying machines exported from Myanmar worldwide, together comprising 81% of total exports. These countries were followed by Finland, which accounted for a further 11%.

Finland, with a CAGR of +272.5%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average printers and copying machines export price stood at $X per unit in 2021, reducing by -65.4% against the previous year. Overall, the export price, however, continues to indicate a buoyant increase. The growth pace was the most rapid in 2019 when the average export price increased by 213%. The export price peaked at $X per unit in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Norway ($X per unit), while the average price for exports to Finland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+43.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Printers, Copying Machines And Facsimile Machines

Imports into Myanmar

In 2021, overseas purchases of printers, copying machines and facsimile machines decreased by -48.6% to X units, falling for the fourth year in a row after two years of growth. In general, imports recorded a noticeable reduction. The most prominent rate of growth was recorded in 2013 with an increase of 117%. Imports peaked at X units in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, printers and copying machines imports shrank sharply to $X in 2021. Over the period under review, imports continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2013 when imports increased by 106% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Thailand (X units), Singapore (X units) and China (X units) were the main suppliers of printers and copying machines imports to Myanmar, together comprising 97% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +13.3%), while imports for the other leaders experienced mixed trend patterns.

In value terms, China ($X), Thailand ($X) and Singapore ($X) constituted the largest printers and copying machines suppliers to Myanmar, together comprising 84% of total imports.

In terms of the main suppliers, China, with a CAGR of +5.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average printers and copying machines import price stood at $X per unit in 2021, picking up by 16% against the previous year. Over the last nine years, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2019 an increase of 54% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: 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 Singapore (-0.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :