Hand Saws Price in Myanmar - 2022

Contents:

  1. Hand Saws Price in Myanmar (CIF) - 2022
  2. Hand Saws Price in Myanmar (FOB) - 2022
  3. Hand Saws Imports in Myanmar
  4. Hand Saws Exports in Myanmar

Hand Saws Price in Myanmar (CIF) - 2022

The average hand saws import price stood at $1,056 per ton in 2022, dropping by -30.8% against the previous year. In general, the import price continues to indicate a dramatic curtailment. The most prominent rate of growth was recorded in 2019 when the average import price increased by 56% against the previous year. The import price peaked at $17,102 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($4,970 per ton), while the price for India ($628 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (-12.6%), while the prices for the other major suppliers experienced a decline.

Hand Saws Price in Myanmar (FOB) - 2022

In 2022, the average hand saws export price amounted to $4,000 per ton, which is down by -75% against the previous year. Overall, the export price showed a drastic downturn. The pace of growth was the most pronounced in 2018 an increase of 139% against the previous year. Over the period under review, the average export prices hit record highs at $22,040 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +20.5% per year.

Hand Saws Imports in Myanmar

In 2022, hand saws imports into Myanmar skyrocketed to 1.1K tons, picking up by 182% compared with the year before. Overall, imports recorded a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, hand saws imports soared to $1.2M in 2022. Over the period under review, imports, however, continue to indicate a slight downturn.

Import of Hand Saws in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China47973924578017.6%
Singapore4700.864.4197-25.2%
Switzerland60.519976.289.213.8%
India33.077.48.541.27.7%
Thailand18.023.519.738.929.3%
Others17121418421.4-50.0%
Total1,2321,2535971,168-1.8%

Top Suppliers of Hand Saws to Myanmar in 2022:

  1. China (881.7 tons)
  2. Switzerland (67.0 tons)
  3. India (65.6 tons)
  4. Thailand (46.2 tons)
  5. Singapore (39.6 tons)

Hand Saws Exports in Myanmar

In 2022, shipments abroad of hand sawses decreased by -98.4% to 1 kg, falling for the second consecutive year after two years of growth. Overall, exports showed a precipitous slump. The pace of growth was the most pronounced in 2020 with an increase of 712% against the previous year. As a result, the exports reached the peak of 560 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, hand saws exports dropped significantly to $4 in 2022. In general, exports continue to indicate a dramatic curtailment. The growth pace was the most rapid in 2020 when exports increased by 700%. As a result, the exports reached the peak of $9.7K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Hand Saws in Myanmar (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Madagascar19.0N/AN/A4.0-40.5%
Thailand58.042186.0N/A21.8%
GermanyN/A5,572N/AN/A0%
India2551375.0N/A-86.0%
Singapore8513,189759N/A-5.6%
Czech RepublicN/A382N/AN/A0%
Others30.0N/A125N/A104.1%
Total1,2139,7019754.0-85.1%

Top Export Markets for Hand Saws from Myanmar in 2022:

  1. Madagascar (1.0 kg)

Source: IndexBox Market Intelligence Platform

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