Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Myanmar - 2023
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Myanmar (CIF) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Myanmar
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Myanmar (CIF) - 2022
In 2022, the average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $52 per unit, waning by -24.5% against the previous year. Overall, the import price, however, recorded prominent growth. The growth pace was the most rapid in 2014 when the average import price increased by 292% against the previous year. As a result, import price attained the peak level of $80 per unit. From 2015 to 2022, the average import prices failed to regain momentum.
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 ($283 per unit), while the price for Thailand ($24 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+26.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Myanmar
In 2022, supplies from abroad of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) was finally on the rise to reach 2K units after two years of decline. Over the period under review, imports, however, saw a sharp shrinkage. Over the period under review, imports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) reached the peak figure at 15K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) surged to $105K in 2022. Overall, imports, however, recorded a dramatic downturn. Imports peaked at $643K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 414 | 186 | 8.4 | 41.7 | -53.5% |
| Singapore | 155 | 90.2 | 15.8 | 26.2 | -44.7% |
| Taiwan (Chinese) | 28.4 | 15.0 | 4.3 | 4.9 | -44.3% |
| Thailand | 1.5 | N/A | 0.9 | 4.6 | 45.3% |
| Others | 43.5 | 13.1 | 5.1 | 27.2 | -14.5% |
| Total | 643 | 304 | 34.3 | 105 | -45.3% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Myanmar in 2022:
- China (1641.0 units)
- Thailand (192.0 units)
- Singapore (95.0 units)
- Taiwan (Chinese) (48.0 units)
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