Price for Navigational Instruments and Appliances; Parts and Accessories in Myanmar - 2023

Contents:

  1. Price for Navigational Instruments and Appliances; Parts and Accessories in Myanmar (CIF) - 2022
  2. Imports of Navigational Instruments and Appliances; Parts and Accessories in Myanmar

Price for Navigational Instruments and Appliances; Parts and Accessories in Myanmar (CIF) - 2022

The average import price for navigational instruments and appliances; parts and accessorieses stood at $19,421 per ton in 2022, dropping by -87.9% against the previous year. In general, the import price faced a precipitous slump. The growth pace was the most rapid in 2017 an increase of 5,179%. Over the period under review, average import prices reached the maximum at $544,309 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($250,857 per ton), while the price for China totaled $16,787 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+209.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Navigational Instruments and Appliances; Parts and Accessories in Myanmar

In 2022, imports of navigational instruments and appliances; parts and accessorieses into Myanmar skyrocketed to 622 kg, with an increase of 20,633% against 2021. Over the period under review, imports enjoyed a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of navigational instruments and appliances; parts and accessorieses skyrocketed to $12K in 2022. In general, imports, however, faced a sharp reduction.

Import of Navigational Instruments and Appliances; Parts and Accessories in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.2N/AN/A10.318.4%
Germany8.4N/AN/AN/A0%
Sweden3.2N/AN/AN/A0%
Finland2.0N/AN/AN/A0%
Denmark1.5N/AN/AN/A0%
Others9.9N/A0.51.8-43.3%
Total31.2N/A0.512.1-27.1%

Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to Myanmar in 2022:

  1. China (615.0 kg)

Source: IndexBox Market Intelligence Platform

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