Price for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in Myanmar - 2023
Contents:
- Price for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in Myanmar (CIF) - 2022
- Imports of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in Myanmar
Price for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in Myanmar (CIF) - 2022
In 2022, the average import price for postage-franking machines, ticket-issuing machines which print ticketses amounted to $52 per unit, picking up by 76% against the previous year. Over the period under review, the import price, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2020 an increase of 127%. Over the period under review, average import prices reached the maximum at $354 per unit 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 South Korea ($198 per unit), while the price for the Philippines ($24 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-2.8%), while the prices for the other major suppliers experienced a decline.
Imports of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in Myanmar
For the third year in a row, Myanmar recorded decline in purchases abroad of postage-franking machines, ticket-issuing machines which print ticketses, which decreased by -45.1% to 12K units in 2022. Overall, imports showed a significant decline. Over the period under review, imports of hit record highs at 96K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of postage-franking machines, ticket-issuing machines which print ticketses shrank to $609K in 2022. In general, imports faced a significant decline. The pace of growth was the most pronounced in 2020 when imports increased by 21%. As a result, imports reached the peak of $1.5M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 16.8 | 326 | 49.1 | 269 | 152.0% |
| China | 634 | 528 | 115 | 188 | -33.3% |
| Philippines | 310 | 381 | 441 | 116 | -27.9% |
| Thailand | 108 | 12.3 | 0.1 | 28.6 | -35.8% |
| Vietnam | 85.0 | 43.3 | N/A | N/A | -49.1% |
| Others | 80.7 | 206 | 25.7 | 7.7 | -54.3% |
| Total | 1,235 | 1,495 | 631 | 609 | -21.0% |
Top Suppliers of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets to Myanmar in 2022:
- Philippines (4.8K units)
- China (4.8K units)
- South Korea (1.4K units)
- Thailand (0.6K units)
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