Report Update Nov 1, 2024

Myanmar - Washing, Bleaching or Dyeing Machines - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Laundry Machine Market 2024

Laundry Machine Market Size in Myanmar

The Myanmar's laundry machine market surged to $X in 2021, jumping by 69% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a deep contraction. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Laundry Machine Exports

Exports from Myanmar

In 2020, the amount of washing, bleaching or dyeing machines exported from Myanmar amounted to X units, remaining stable against the previous year. In general, exports posted a significant expansion. The smallest decline of 99.9% was in 2019. Over the period under review, the exports attained the peak figure at X units in 2018; however, from 2019 to 2020, the exports failed to regain momentum.

In value terms, laundry machine exports totaled $X in 2020. Over the period under review, exports continue to indicate a significant increase. The smallest decline of 99.9% was in 2019. The exports peaked at $X in 2018; however, from 2019 to 2020, the exports remained at a lower figure.

Exports by Country

Kenya (X units) was the main destination for laundry machine exports from Myanmar, with a approx. 100% share of total exports.

From 2013 to 2020, the average annual rate of growth in terms of volume to Kenya was relatively modest.

From 2013 to 2020, the average annual growth rate of value to Kenya was relatively modest.

Export Prices by Country

The average laundry machine export price stood at $X per unit in 2020, approximately reflecting the previous year. In general, the export price posted a significant increase. The growth pace was the most rapid in 2019 when the average export price decreased by 99.9%. The export price peaked at $X per unit in 2018; however, from 2019 to 2020, the export prices stood at a somewhat lower figure.

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

From 2013 to 2020, the rate of growth in terms of prices for Vietnam amounted to 0.0% per year.

Laundry Machine Imports

Imports into Myanmar

In 2021, approx. X units of washing, bleaching or dyeing machines were imported into Myanmar; surging by 54% on 2020. Overall, imports, however, continue to indicate a deep reduction. The growth pace was the most rapid in 2019 with an increase of 197%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, laundry machine imports surged to $X in 2021. Over the period under review, imports, however, showed a drastic downturn. The pace of growth was the most pronounced in 2019 with an increase of 431%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Turkey (X units) constituted the largest laundry machine supplier to Myanmar, with a 57% share of total imports. Moreover, laundry machine imports from Turkey exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), twofold. Italy (X units) ranked third in terms of total imports with a 9.1% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey amounted to -14.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+45.8% per year) and Italy (+40.3% per year).

In value terms, the largest laundry machine suppliers to Myanmar were Italy ($X), Turkey ($X) and Japan ($X), together comprising 71% of total imports.

Among the main suppliers, Italy, with a CAGR of +67.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average laundry machine import price amounted to $X per unit, picking up by 12% against the previous year. Overall, the import price enjoyed buoyant growth. The growth pace was the most rapid in 2019 when the average import price increased by 79%. Over the period under review, average import prices reached the maximum at $X per unit in 2015; however, from 2016 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, the country with the highest price was Italy ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+17.7%), 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 washing, bleaching or dyeing machines in the world?

The countries with the highest volumes of laundry machine consumption in 2020 were Taiwan Chinese), Italy and Indonesia, together comprising 34% of global consumption. These countries were followed by Vietnam, Uzbekistan, Iran, Japan, Switzerland, Greece, South Korea, Germany, Bangladesh and Turkey, which together accounted for a further 38%.

What are the largest producers of washing, bleaching or dyeing machines in the world?

The countries with the highest volumes of laundry machine production in 2020 were Taiwan Chinese), China and Italy, together comprising 57% of global production. Turkey, Germany, South Korea and Greece lagged somewhat behind, together accounting for a further 32%.

What are the leading suppliers of washing, bleaching or dyeing machines to Myanmar?

In value terms, China and Taiwan Chinese) constituted the largest laundry machine suppliers to Myanmar.

What is the average export price for washing, bleaching or dyeing machines in Myanmar?

The average laundry machine export price stood at $1,795 per unit in 2020, flattening at the previous year.

What is the average import price for washing, bleaching or dyeing machines in Myanmar?

The average laundry machine import price stood at $419 per unit in 2020, waning by -61.1% against the previous year.

This report provides an in-depth analysis of the laundry machine 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 28942150 - Washing, bleaching or dyeing machines (including wringers and mangles, shaker-tumblers, excluding household or laundry-type washing machines)

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