Price for Milking Machines and Dairy Machinery in Myanmar - 2022

Contents:

  1. Price for Milking Machines and Dairy Machinery in Myanmar (CIF) - 2022
  2. Imports of Milking Machines and Dairy Machinery in Myanmar

Price for Milking Machines and Dairy Machinery in Myanmar (CIF) - 2022

The average import price for milking machines and dairy machineries stood at $5,915 per unit in 2022, flattening at the previous year. Overall, the import price enjoyed strong growth. The growth pace was the most rapid in 2020 an increase of 60%. The import price peaked at $5,948 per unit in 2014; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($6,138 per unit), while the price for Turkey ($3,148 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Milking Machines and Dairy Machinery in Myanmar

Milking machines and dairy machinery imports into Myanmar shrank sharply to 50 units in 2022, reducing by -32.4% compared with the year before. Over the period under review, imports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 90% against the previous year. Imports peaked at 551 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, milking machines and dairy machinery imports dropped rapidly to $296K in 2022. In general, imports faced a precipitous descent. The pace of growth was the most pronounced in 2021 with an increase of 135%. Imports peaked at $1.6M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Milking Machines and Dairy Machinery in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand91251.223.9239-36.0%
China68481.839044.6-59.8%
TurkeyN/A28.513.211.5-36.5%
Italy27.24.5N/AN/A-83.5%
Others6.617.94.7N/A-15.6%
Total1,630184432296-43.4%

Top Suppliers of Milking Machines and Dairy Machinery to Myanmar in 2022:

  1. Thailand (39.0 units)
  2. China (7.0 units)
  3. Turkey (4.0 units)

Source: IndexBox Market Intelligence Platform

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