Report Update Nov 1, 2024

Myanmar - Pulley Tackle and Hoists, Non-Powered by Electric Motor - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Non-Electric Pulley Tackle Market 2024

Non-Electric Pulley Tackle Market Size in Myanmar

The Myanmar's non-electric pulley tackle market surged to $X in 2022, jumping by 45% 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, however, recorded a abrupt slump. Non-electric pulley tackle consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Non-Electric Pulley Tackle Exports

Exports from Myanmar

In 2018, the amount of pulley tackle and hoists, non-powered by electric motor exported from Myanmar shrank dramatically to X units, declining by -16.7% compared with the previous year. Overall, exports recorded a abrupt decline. The exports peaked at X units in 2017, and then dropped significantly in the following year.

In value terms, non-electric pulley tackle exports surged to $X in 2018. Over the period under review, exports, however, continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Japan (X units) was the main destination for non-electric pulley tackle exports from Myanmar, accounting for a 93% share of total exports. Moreover, non-electric pulley tackle exports to Japan exceeded the volume sent to the second major destination, Indonesia (X units), more than tenfold.

From 2017 to 2018, the average annual growth rate of volume to Japan was relatively modest.

In value terms, Japan ($X) emerged as the key foreign market for pulley tackle and hoists, non-powered by electric motor exports from Myanmar, comprising 100% of total exports. The second position in the ranking was held by Indonesia ($X), with a 0.1% share of total exports.

From 2017 to 2018, the average annual growth rate of value to Japan was relatively modest.

Export Prices by Country

In 2018, the average non-electric pulley tackle export price amounted to $X per unit, growing by 46,273% against the previous year. In general, the export price enjoyed significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2018, amid the top suppliers, the country with the highest price was Japan ($X per unit), while the average price for exports to Indonesia totaled $X per unit.

From 2017 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+342.6%).

Non-Electric Pulley Tackle Imports

Imports into Myanmar

In 2022, non-electric pulley tackle imports into Myanmar skyrocketed to X units, growing by 609% on the previous year. Over the period under review, imports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by 640% against the previous year. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, non-electric pulley tackle imports skyrocketed to $X in 2022. Overall, imports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by 1,470%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of non-electric pulley tackle to Myanmar, accounting for a 89% share of total imports. Moreover, non-electric pulley tackle imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X units), tenfold. The third position in this ranking was held by Thailand (X units), with a 2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +36.0%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+48.8% per year) and Thailand (+3.0% per year).

In value terms, China ($X) constituted the largest supplier of pulley tackle and hoists, non-powered by electric motor to Myanmar, comprising 64% of total imports. The second position in the ranking was taken by South Korea ($X), with a 30% share of total imports. It was followed by Thailand, with a 5.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +46.2%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+63.8% per year) and Thailand (+13.8% per year).

Import Prices by Country

In 2022, the average non-electric pulley tackle import price amounted to $X per unit, dropping by -79.5% against the previous year. Overall, the import price showed a deep downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 173%. As a result, import price reached the peak level of $X per unit, and then dropped remarkably in the following year.

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 Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+21.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pulley tackle and hoists, non-powered by electric motor in the world?

The United States remains the largest non-electric pulley tackle consuming country worldwide, comprising approx. 83% of total volume. It was followed by Poland, with a 2.7% share of total consumption.

What are the largest producers of pulley tackle and hoists, non-powered by electric motor in the world?

China remains the largest non-electric pulley tackle producing country worldwide, accounting for 38% of total volume. Moreover, non-electric pulley tackle production in China exceeded the figures recorded by the second-largest producer, Poland, twofold. The third position in this ranking was occupied by Japan, with a 10% share.

What are the leading suppliers of pulley tackle and hoists, non-powered by electric motor to Myanmar?

In value terms, China constituted the largest supplier of non-electric pulley tackle to Myanmar, comprising 55% of total imports. The second position in the ranking was occupied by South Korea, with a 17% share of total imports.

What is the average export price for pulley tackle and hoists, non-powered by electric motor in Myanmar?

The average non-electric pulley tackle export price stood at $1,213 per unit in 2018, with an increase of 1,742% against the previous year.

What is the average import price for pulley tackle and hoists, non-powered by electric motor in Myanmar?

The average non-electric pulley tackle import price stood at $64 per unit in 2021, declining by -11.6% against the previous year.

This report provides an in-depth analysis of the non-electric pulley tackle 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 28221170 - Pulley tackle and hoists, non-powered by electric motor (other than skip hoists or hoists of a kind used for raising vehicles)

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