Report Update Nov 1, 2024

Myanmar - Rolls for Rolling Mills - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Mill Rolling Roll Market 2024

Mill Rolling Roll Market Size in Myanmar

After two years of decline, the Myanmar's mill rolling roll market increased by 75% to $X in 2022. Overall, consumption posted a prominent expansion. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Mill Rolling Roll Exports

Exports from Myanmar

In 2020, after two years of growth, there was significant decline in shipments abroad of rolls for rolling mills, when their volume decreased by -71.4% to X units. Over the period under review, exports showed a sharp setback. The growth pace was the most rapid in 2019 with an increase of 75%. As a result, the exports reached the peak of X units, and then dropped dramatically in the following year.

In value terms, mill rolling roll exports reduced dramatically to $X in 2020. Overall, exports faced a drastic downturn. The growth pace was the most rapid in 2019 with an increase of 4%. As a result, the exports reached the peak of $X, and then shrank remarkably in the following year.

Exports by Country

India (X units) and Singapore (X units) were the main destinations of mill rolling roll exports from Myanmar.

From 2018 to 2020, the biggest increases were recorded for Singapore (with a CAGR of 0.0%).

In value terms, India ($X) and Singapore ($X) appeared to be the largest markets for mill rolling roll exported from Myanmar worldwide.

India, with a CAGR of +50.2%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2020, the average mill rolling roll export price amounted to $X per unit, growing by 127% against the previous year. In general, the export price posted a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2020, amid the top suppliers, the country with the highest price was India ($X per unit), while the average price for exports to Singapore amounted to $X per unit.

From 2018 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to India (+350.7%), while the prices for the other major destinations experienced mixed trend patterns.

Mill Rolling Roll Imports

Imports into Myanmar

In 2022, after two years of decline, there was significant growth in supplies from abroad of rolls for rolling mills, when their volume increased by 313% to X units. In general, imports recorded a resilient increase. The pace of growth appeared the most rapid in 2017 with an increase of 4,249%. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, mill rolling roll imports surged to $X in 2022. Overall, imports posted a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of 1,912%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) was the main supplier of mill rolling roll to Myanmar, with a approx. 99% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +6.7%.

In value terms, China ($X) constituted the largest supplier of rolls for rolling mills to Myanmar.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +17.8%.

Import Prices by Country

The average mill rolling roll import price stood at $X per unit in 2022, declining by -57.5% against the previous year. In general, the import price, however, posted a moderate increase. The growth pace was the most rapid in 2018 an increase of 223%. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +10.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for rolls for rolling mills in the world?

The countries with the highest volumes of in 2021 were Italy, China and South Africa, with a combined 30% share of global consumption.

What are the largest producers of rolls for rolling mills in the world?

China constituted the country with the largest volume of mill rolling roll production, comprising approx. 33% of total volume. Moreover, mill rolling roll production in China exceeded the figures recorded by the second-largest producer, Japan, threefold. The third position in this ranking was occupied by Italy, with an 11% share.

What are the leading suppliers of rolls for rolling mills to Myanmar?

In value terms, China constituted the largest supplier of mill rolling roll to Myanmar, comprising 74% of total imports. The second position in the ranking was occupied by Thailand, with a 10% share of total imports. It was followed by Singapore, with a 4.1% share.

What are the leading importers of rolls for rolling mills from Myanmar?

In value terms, India and Singapore appeared to be the largest markets for mill rolling roll exported from Myanmar worldwide.

What is the average export price for rolls for rolling mills in Myanmar?

The average mill rolling roll export price stood at $3,680 per unit in 2020, with a decrease of -53.1% against the previous year.

What is the average import price for rolls for rolling mills in Myanmar?

The average mill rolling roll import price stood at $1,164 per unit in 2021, reducing by -15% against the previous year.

This report provides an in-depth analysis of the mill rolling roll 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 28911250 - Rolls for rolling mills

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