Myanmar: Market for Turbo-Jets Of A Thrust Exceeding 25 kN 2025

Market Size for Turbo-Jets Of A Thrust Exceeding 25 kN in Myanmar

The Myanmar's turbo-jet (over X kn) market stood at $X in 2021, with an increase of 4.8% against the previous year. Over the period under review, consumption, however, recorded a noticeable setback. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Production of Turbo-Jets Of A Thrust Exceeding X kN in Myanmar

In value terms, turbo-jet (over X kn) production fell markedly to $X in 2021 estimated in export price. In general, production recorded a deep reduction. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Exports of Turbo-Jets Of A Thrust Exceeding 25 kN

Exports from Myanmar

For the third consecutive year, Myanmar recorded growth in shipments abroad of turbo-jets of a thrust exceeding X kn, which increased by 200% to X units in 2019. In general, exports, however, continue to indicate a abrupt descent. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2019, the exports stood at a somewhat lower figure.

In value terms, turbo-jet (over X kn) exports soared to $X in 2019. Over the period under review, exports, however, recorded a mild contraction. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2019, the exports remained at a lower figure.

Exports by Country

Singapore (X units) was the main destination for turbo-jet (over X kn) exports from Myanmar, with a approx. 100% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of volume to Singapore was relatively modest.

In value terms, Singapore ($X) emerged as the key foreign market for turbo-jets of a thrust exceeding X kn exports from Myanmar.

From 2012 to 2019, the average annual rate of growth in terms of value to Singapore was relatively modest.

Export Prices by Country

In 2019, the average turbo-jet (over X kn) export price amounted to $X per unit, picking up by 795% against the previous year. Overall, the export price enjoyed a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2019, the rate of growth in terms of prices for Malaysia amounted to 0.0% per year.

Imports of Turbo-Jets Of A Thrust Exceeding 25 kN

Imports into Myanmar

Turbo-jet (over X kn) imports into Myanmar skyrocketed to X units in 2021, rising by 200% compared with the previous year. Over the period under review, imports enjoyed measured growth. The pace of growth was the most pronounced in 2018 with an increase of 700%. Over the period under review, imports reached the peak figure at X units in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, turbo-jet (over X kn) imports soared to $X in 2021. In general, imports, however, saw a noticeable slump. The most prominent rate of growth was recorded in 2018 with an increase of 1,003%. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

Singapore (X units) and Russia (X units) were the main suppliers of turbo-jet (over X kn) imports to Myanmar. Moreover, turbo-jet (over X kn) imports in Singapore exceeded the figures recorded by the second-largest supplier, Russia, twofold.

From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +16.7%).

In value terms, Russia ($X) constituted the largest supplier of turbo-jets of a thrust exceeding X kn to Myanmar, comprising 95% of total imports. The second position in the ranking was held by Singapore ($X), with a 5.3% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Russia stood at -4.2%.

Import Prices by Country

In 2021, the average turbo-jet (over X kn) import price amounted to $X per unit, shrinking by -19.3% against the previous year. Overall, the import price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2015 an increase of 87%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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 unit), while the price for Singapore amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+262.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :