Myanmar - Vehicles Not Mechanically Propelled - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Propelled Vehicle Price in Myanmar - 2022
Contents:
- Non-Propelled Vehicle Price in Myanmar (CIF) - 2022
- Non-Propelled Vehicle Price in Myanmar (FOB) - 2022
- Non-Propelled Vehicle Imports in Myanmar
- Non-Propelled Vehicle Exports in Myanmar
Non-Propelled Vehicle Price in Myanmar (CIF) - 2022
In 2022, the average non-propelled vehicle import price amounted to $48 per unit, falling by -3.3% against the previous year. Over the period under review, the import price showed a perceptible shrinkage. The growth pace was the most rapid in 2020 when the average import price increased by 21%. The import price peaked at $63 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($69 per unit), while the price for China ($45 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Propelled Vehicle Price in Myanmar (FOB) - 2022
In 2022, the average non-propelled vehicle export price amounted to $79 per unit, increasing by 6.8% against the previous year. Overall, the export price recorded strong growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 71%. The export price peaked at $87 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Thailand.
From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +41.1% per year.
Non-Propelled Vehicle Imports in Myanmar
After two years of decline, purchases abroad of vehicles not mechanically propelled increased by 202% to 16K units in 2022. Over the period under review, imports, however, saw a dramatic shrinkage. Imports peaked at 104K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, non-propelled vehicle imports soared to $774K in 2022. Overall, imports, however, saw a precipitous setback. Over the period under review, imports hit record highs at $5.4M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Non-Propelled Vehicle in Myanmar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4,938 | 497 | 103 | 667 | -48.7% |
Vietnam | 3.8 | 5.4 | 3.4 | 40.9 | 120.8% |
Japan | 204 | 74.4 | 23.5 | 29.1 | -47.7% |
Others | 249 | 368 | 135 | 37.3 | -46.9% |
Total | 5,395 | 945 | 265 | 774 | -47.7% |
Top Suppliers of Non-Propelled Vehicle to Myanmar in 2022:
- China (14.7K units)
- Vietnam (0.6K units)
- Japan (0.4K units)
Non-Propelled Vehicle Exports in Myanmar
For the third year in a row, Myanmar recorded decline in overseas shipments of vehicles not mechanically propelled, which decreased by -57.1% to 33 units in 2022. Overall, exports continue to indicate a precipitous setback. The smallest decline of -8.9% was in 2020. Over the period under review, the exports hit record highs at 180 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, non-propelled vehicle exports reduced sharply to $2.6K in 2022. Over the period under review, exports saw a significant curtailment. The smallest decline of -30.7% was in 2020. The exports peaked at $13K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Non-Propelled Vehicle in Myanmar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 0.1 | 0.3 | 0.1 | 2.6 | 196.2% |
South Korea | 6.8 | N/A | N/A | N/A | 0% |
China | 0.9 | 2.1 | 0.2 | N/A | -52.9% |
Austria | 1.4 | N/A | N/A | N/A | 0% |
Morocco | N/A | 0.3 | N/A | N/A | 0% |
Indonesia | 1.1 | 2.9 | 0.4 | N/A | -39.7% |
Singapore | 0.3 | 1.0 | 0.2 | N/A | -18.4% |
Others | 2.2 | 2.2 | 4.9 | N/A | 49.2% |
Total | 12.8 | 8.9 | 5.7 | 2.6 | -41.2% |
Top Export Markets for Non-Propelled Vehicle from Myanmar in 2022:
- Thailand (33.0 units)
This report provides an in-depth analysis of the non-propelled vehicle 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 30991000 - Vehicles not mechanically propelled including industry trolleys, barrows, luggage trucks, hopper-trucks, hand pulled golf trolleys excluding shopping trolleys
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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