Price for Prefabricated Buildings of Wood in Myanmar - 2022

Price for Prefabricated Buildings of Wood in Myanmar (CIF) - 2022

In 2022, the average prefabricated buildings of wood import price amounted to $21,180 per unit, growing by 66% against the previous year. Overall, import price indicated resilient growth from 2017 to 2022: its price increased at an average annual rate of +7.5% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 India ($58,309 per unit), while the price for Vietnam ($16,692 per unit) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by India (+26.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Prefabricated Buildings of Wood in Myanmar (FOB) - 2022

The average prefabricated buildings of wood export price stood at $5,316 per unit in 2021, shrinking by -69.9% against the previous year. Over the period under review, the export price faced a precipitous descent. Over the period under review, the average export prices hit record highs at $17,687 per unit in 2020, and then declined remarkably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Singapore ($11,368 per unit), while the average price for exports to Qatar amounted to $4,560 per unit.

From 2020 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prefabricated Buildings of Wood in Myanmar

Prefabricated buildings of wood imports into Myanmar contracted sharply to 11 units in 2022, declining by -91.1% on the previous year's figure. In general, imports saw a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of 486%. As a result, imports reached the peak of 123 units, and then fell remarkably in the following year.

In value terms, prefabricated buildings of wood imports contracted remarkably to $227K in 2022. Over the period under review, imports continue to indicate a precipitous curtailment. The growth pace was the most rapid in 2021 when imports increased by 392% against the previous year. Over the period under review, imports reached the maximum at $2.1M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Prefabricated Buildings of Wood in Myanmar (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Vietnam	1,129	254	1,317	135	-50.7%
Malaysia	174	3.6	39.2	63.9	-28.4%
Thailand	498	15.6	39.7	5.7	-77.5%
China	37.0	26.2	99.5	4.2	-51.6%
Others	308	19.1	74.4	18.2	-61.1%
Total	2,147	319	1,570	227	-52.7%

Top Suppliers of Prefabricated Buildings of Wood to Myanmar in 2022:

Vietnam (8.0 units)
Malaysia (2.0 units)

Exports of Prefabricated Buildings of Wood in Myanmar

In 2021, prefabricated buildings of wood exports from Myanmar skyrocketed to 19 units, growing by 1,800% compared with the previous year. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, prefabricated buildings of wood exports surged to $101K in 2021. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.