Dredgers Price in Myanmar - 2022

Contents:

1. Dredgers Price in Myanmar (CIF) - 2022
2. Dredgers Imports in Myanmar

Dredgers Price in Myanmar (CIF) - 2022

In 2022, the average dredgers import price amounted to $500 per unit, declining by -99.8% against the previous year. In general, the import price continues to indicate a precipitous decline. The pace of growth was the most pronounced in 2019 when the average import price increased by 4,469%. Over the period under review, average import prices reached the maximum at $553,317 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -4.3% per year.

Dredgers Imports in Myanmar

Dredgers imports into Myanmar skyrocketed to 320 units in 2022, with an increase of 6,300% on 2021 figures. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, dredgers imports shrank dramatically to $160K in 2022. Over the period under review, imports, however, faced a dramatic descent. The pace of growth was the most pronounced in 2021 when imports increased by 401%. As a result, imports reached the peak of $1.4M, and then reduced notably in the following year.

Top Suppliers of Dredgers to Myanmar in 2022:

1. India (320.0 units)

Source: IndexBox Market Intelligence Platform