Myanmar - Swivel Seats With Variable Height Adjustments - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMyanmar: Swivel Seat Market 2024
Swivel Seat Market Size in Myanmar
In 2022, the Myanmar's swivel seat market decreased by 0% to $X, falling for the second consecutive year after nine years of growth. Over the period under review, consumption enjoyed significant growth. Swivel seat consumption peaked in 2022 and is expected to retain growth in the near future.
Swivel Seat Production in Myanmar
In value terms, swivel seat production soared to $X in 2022 estimated in export price. Overall, production recorded significant growth. The pace of growth appeared the most rapid in 2020 when the production volume increased by 14,759%. Swivel seat production peaked in 2022 and is likely to see gradual growth in the immediate term.
Swivel Seat Exports
Exports from Myanmar
In 2022, the amount of swivel seats with variable height adjustments exported from Myanmar totaled X units, approximately reflecting 2021 figures. Over the period under review, exports faced a sharp shrinkage. The smallest decline of -98.8% was in 2019. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.
In value terms, swivel seat exports totaled $X in 2022. Overall, exports continue to indicate a dramatic slump. The smallest decline of -35.8% was in 2019. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.
Exports by Country
Singapore (X units) was the main destination for swivel seat exports from Myanmar, with a approx. 100% share of total exports.
From 2018 to 2022, the average annual growth rate of volume to Singapore amounted to -93.5%.
From 2018 to 2022, the average annual growth rate of value to Singapore totaled -32.2%.
Export Prices by Country
In 2022, the average swivel seat export price amounted to $X per unit, almost unchanged from the previous year. In general, the export price continues to indicate a significant increase. The pace of growth was the most pronounced in 2020 an increase of 14,660% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2018 to 2022, the rate of growth in terms of prices for Singapore amounted to +944.5% per year.
Swivel Seat Imports
Imports into Myanmar
In 2022, supplies from abroad of swivel seats with variable height adjustments was finally on the rise to reach X units after two years of decline. Overall, imports saw a perceptible expansion. The most prominent rate of growth was recorded in 2014 with an increase of 750% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, swivel seat imports surged to $X in 2022. In general, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of 765% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.
Imports by Country
In 2022, China (X units) was the main swivel seat supplier to Myanmar, accounting for a 94% share of total imports. It was followed by Thailand (X units), with a 2.7% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-0.4% per year) and Singapore (-26.1% per year).
In value terms, China ($X) constituted the largest supplier of swivel seats with variable height adjustments to Myanmar, comprising 83% of total imports. The second position in the ranking was taken by Thailand ($X), with a 4.6% share of total imports.
From 2012 to 2022, the average annual growth rate of value from China amounted to +12.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+8.8% per year) and Singapore (-23.8% per year).
Import Prices by Country
In 2022, the average swivel seat import price amounted to $X per unit, picking up by 1.7% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, swivel seat import price decreased by -11.6% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 24%. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per unit), while the price for Singapore ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the swivel seat 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 31001150 - Swivel seats with variable height adjustments (excluding medical, surgical, dental or veterinary, and barbers
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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