Report Update Nov 1, 2024

Myanmar - Vacuum Pumps - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Vacuum Pump Market 2024

Vacuum Pump Market Size in Myanmar

The Myanmar's vacuum pump market fell to $X in 2022, standing approx. at the previous year. Over the period under review, consumption faced a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 0.1% against the previous year. Vacuum pump consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Vacuum Pump Production in Myanmar

In value terms, vacuum pump production totaled $X in 2022 estimated in export price. Overall, production faced a drastic downturn. The growth pace was the most rapid in 2020 when the production volume increased by 0.4%. Vacuum pump production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Vacuum Pump Exports

Exports from Myanmar

In 2022, overseas shipments of vacuum pumps increased by 50% to X units, rising for the third consecutive year after three years of decline. In general, exports, however, saw a mild decline. The pace of growth appeared the most rapid in 2015 with an increase of 1,700%. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, vacuum pump exports soared to $X in 2022. Over the period under review, exports, however, recorded a noticeable descent. The pace of growth appeared the most rapid in 2015 when exports increased by 4,367%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Singapore (X units) and the United States (X units) were the main destinations of vacuum pump exports from Myanmar. Moreover, vacuum pump exports in Singapore exceeded the figures recorded by the second-largest exporter, the United States, twofold.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +100.0%).

In value terms, Singapore ($X) and the United States ($X) constituted the largest markets for vacuum pump exported from Myanmar worldwide.

The United States, with a CAGR of +733.3%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average vacuum pump export price stood at $X per unit in 2022, picking up by 45% against the previous year. Overall, the export price, however, recorded a mild decline. The most prominent rate of growth was recorded in 2018 an increase of 314%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Singapore totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+316.7%), while the prices for the other major destinations experienced a decline.

Vacuum Pump Imports

Imports into Myanmar

In 2022, the amount of vacuum pumps imported into Myanmar reduced rapidly to X units, with a decrease of -61.5% compared with the year before. Overall, imports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2015 with an increase of 232% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, vacuum pump imports soared to $X in 2022. In general, imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2013 with an increase of 151% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X units), South Korea (X units) and Thailand (X units) were the main suppliers of vacuum pump imports to Myanmar, together comprising 85% of total imports. The United States, Brazil, Japan and Italy lagged somewhat behind, together comprising a further 12%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of +33.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of vacuum pumps to Myanmar, comprising 60% of total imports. The second position in the ranking was taken by Thailand ($X), with a 10% share of total imports. It was followed by Italy, with a 9.8% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to -11.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-14.1% per year) and Italy (+1.8% per year).

Import Prices by Country

The average vacuum pump import price stood at $X per unit in 2022, picking up by 238% against the previous year. Overall, the import price continues to indicate a slight expansion. 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 2022, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for South Korea ($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 (+7.3%), 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 vacuum pumps in the world?

The countries with the highest volumes of in 2021 were China, South Africa and the United States, with a combined 48% share of global consumption. These countries were followed by Brazil, India, Japan, Italy, France, Mexico, Nigeria, Belgium, the UK and South Korea, which together accounted for a further 33%.

What are the largest producers of vacuum pumps in the world?

The countries with the highest volumes of in 2021 were China, Brazil and the United States, with a combined 50% share of global production. These countries were followed by Japan, Germany, Italy, India, Mexico, France, the UK, Belgium, South Korea and Turkey, which together accounted for a further 37%.

What are the leading suppliers of vacuum pumps to Myanmar?

In value terms, China constituted the largest supplier of vacuum pump to Myanmar, comprising 46% of total imports. The second position in the ranking was occupied by Thailand, with an 8.6% share of total imports. It was followed by Singapore, with a 5.8% share.

What is the average export price for vacuum pumps in Myanmar?

The average vacuum pump export price stood at $325 per unit in 2021, approximately equating the previous year.

What is the average import price for vacuum pumps in Myanmar?

In 2021, the average vacuum pump import price amounted to $150 per unit, shrinking by -15.3% against the previous year.

This report provides an in-depth analysis of the vacuum pump 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 28132170 - Rotary piston vacuum pumps, sliding vane rotary pumps, m olecular drag pumps, Roots pumps, diffusion pumps, c ryopumps and adsorption pumps
Prodcom 28132190 - Liquid ring

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