Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Myanmar - 2023
Contents:
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Myanmar (FOB) - 2022
- Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Myanmar
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Myanmar (FOB) - 2022
The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $8,092 per unit in 2022, approximately equating the previous year. Over the period under review, the export price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 7,091% against the previous year. The export price peaked at $63,905 per unit in 2016; however, from 2017 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 India ($17,213 per unit), while the average price for exports to the Philippines ($30 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+10.5%), while the prices for the other major destinations experienced mixed trend patterns.
Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Myanmar
In 2022, after two years of decline, there was decline in overseas shipments of compression-ignition internal combustion piston engines (diesel or semi-diesel engines), when their volume decreased by 0% to 9 units. Over the period under review, exports continue to indicate a dramatic downturn. The smallest decline of 99.9% was in 2020. The exports peaked at 42 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $73K in 2022. In general, exports continue to indicate a dramatic decrease. The smallest decline of 99.9% was in 2020. The exports peaked at $240K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 49.4 | 0% |
| India | 88.4 | N/A | N/A | 17.2 | -42.1% |
| Singapore | 11.7 | N/A | N/A | 3.6 | -32.5% |
| China | 23.7 | N/A | N/A | 2.4 | -53.4% |
| Thailand | 0.8 | N/A | N/A | 0.3 | -27.9% |
| Germany | 30.3 | N/A | N/A | N/A | 0% |
| Philippines | N/A | N/A | N/A | N/A | 0% |
| United Arab Emirates | 84.7 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 240 | N/A | N/A | 72.8 | -32.8% |
Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) from Myanmar in 2022:
- United States (3.0 units)
- China (2.0 units)
- Singapore (1.0 units)
- Philippines (1.0 units)
- India (1.0 units)
- Thailand (1.0 units)
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