Report Update May 1, 2025

Myanmar - Screwdrivers - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Screwdriver Market 2025

Screwdriver Market Size in Myanmar

After three years of growth, the Myanmar's screwdriver market decreased by -10.4% to $X in 2021. In general, consumption, however, saw a strong increase. Screwdriver consumption peaked at $X in 2020, and then declined in the following year.

Screwdriver Exports

Exports from Myanmar

In 2021, approx. X kg of screwdrivers were exported from Myanmar; growing by 268% against the year before. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, screwdriver exports soared to $X in 2021. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X kg) was the main destination for screwdriver exports from Myanmar, accounting for a 38% share of total exports. Moreover, screwdriver exports to Germany exceeded the volume sent to the second major destination, Singapore (X kg), threefold. The third position in this ranking was held by Thailand (X kg), with a 6% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at +14.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+29.6% per year) and Thailand (+33.0% per year).

In value terms, Germany ($X) emerged as the key foreign market for screwdrivers exports from Myanmar, comprising 45% of total exports. The second position in the ranking was taken by Singapore ($X), with a 5.8% share of total exports. It was followed by Switzerland, with a 1.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +197.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+29.9% per year) and Switzerland (-66.3% per year).

Export Prices by Country

The average screwdriver export price stood at $X per ton in 2021, increasing by 84% against the previous year. In general, the export price posted a prominent expansion. The most prominent rate of growth was recorded in 2019 an increase of 165%. The export price peaked in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+161.1%), while the prices for the other major destinations experienced more modest paces of growth.

Screwdriver Imports

Imports into Myanmar

After three years of growth, purchases abroad of screwdrivers decreased by -32.9% to X tons in 2021. In general, imports, however, enjoyed a moderate increase. The most prominent rate of growth was recorded in 2016 when imports increased by 66% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020, and then contracted markedly in the following year.

In value terms, screwdriver imports reached $X in 2021. Overall, imports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 76% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) was the main supplier of screwdriver to Myanmar, accounting for a 90% share of total imports. Moreover, screwdriver imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), more than tenfold. Japan (X tons) ranked third in terms of total imports with a 1.6% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +15.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-8.3% per year) and Japan (+0.3% per year).

In value terms, China ($X) constituted the largest supplier of screwdrivers to Myanmar, comprising 56% of total imports. The second position in the ranking was held by Russia ($X), with a 19% share of total imports. It was followed by Thailand, with a 5.7% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +15.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+13.2% per year) and Thailand (-5.1% per year).

Import Prices by Country

In 2021, the average screwdriver import price amounted to $X per ton, increasing by 50% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2021: its price increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, screwdriver import price increased by +67.0% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+20.6%), 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 screwdrivers in the world?

China remains the largest screwdriver consuming country worldwide, accounting for 29% of total volume. Moreover, screwdriver consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 7.2% share.

What are the largest producers of screwdrivers in the world?

China remains the largest screwdriver producing country worldwide, comprising approx. 65% of total volume. Moreover, screwdriver production in China exceeded the figures recorded by the second-largest producer, India, sixfold. Taiwan Chinese) ranked third in terms of total production with a 4.2% share.

What are the leading suppliers of screwdrivers to Myanmar?

In value terms, China constituted the largest supplier of screwdriver to Myanmar, comprising 89% of total imports. The second position in the ranking was occupied by Thailand, with a 4% share of total imports.

What are the leading importers of screwdrivers from Myanmar?

In value terms, Singapore $419), Switzerland $354) and the Czech Republic $208) appeared to be the largest markets for screwdriver exported from Myanmar worldwide, together accounting for 86% of total exports.

What is the average export price for screwdrivers in Myanmar?

The average screwdriver export price stood at $18,850 per ton in 2020, rising by 24% against the previous year.

What is the average import price for screwdrivers in Myanmar?

In 2020, the average screwdriver import price amounted to $5,164 per ton, standing approx. at the previous year.

This report provides an in-depth analysis of the screwdriver 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 25733063 - Screwdrivers

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024