Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Myanmar - 2023
Contents:
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Myanmar (CIF) - 2022
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Myanmar (FOB) - 2023
- Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Myanmar
- Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Myanmar
Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Myanmar (CIF) - 2022
The average import price for turbo-jets, turbo-propellers and other gas turbineses stood at $108 thousand per unit in 2022, with a decrease of -39% against the previous year. Over the period under review, the import price, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 an increase of 118% against the previous year. As a result, import price attained the peak level of $176 thousand per unit, and then contracted rapidly in the following year.
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 Italy ($245 thousand per unit), while the price for India ($48 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+22.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Myanmar (FOB) - 2023
In February 2023, the average export price for turbo-jets, turbo-propellers and other gas turbineses amounted to $418K per unit, therefore, remained relatively stable against the previous month. Overall, the export price recorded a perceptible expansion. Over the period under review, the average export prices reached the maximum in February 2023.
As there is only one major export destination, the average price level is determined by prices for Japan.
From November 2022 to February 2023, the rate of growth in terms of prices for Japan amounted to +4.2% per month.
Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Myanmar
In 2022, after two years of decline, there was significant growth in purchases abroad of turbo-jets, turbo-propellers and other gas turbineses, when their volume increased by 954% to 274 units. Overall, imports, however, recorded a abrupt slump. Imports peaked at 339 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of turbo-jets, turbo-propellers and other gas turbineses soared to $29M in 2022. Over the period under review, imports saw a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | N/A | N/A | N/A | 28.4 | 0% |
| Italy | 6.8 | 1.1 | 0.4 | 0.2 | -69.1% |
| Thailand | N/A | 3.2 | N/A | 0.1 | -82.3% |
| China | 6.6 | 5.1 | 0.1 | N/A | -87.7% |
| Japan | 1.9 | 12.3 | N/A | N/A | 547.4% |
| Singapore | 2.5 | N/A | 0.4 | N/A | -60.0% |
| Others | 7.2 | 3.5 | 3.6 | 0.6 | -56.3% |
| Total | 24.9 | 25.2 | 4.6 | 29.5 | 5.8% |
Top Suppliers of Turbo-Jets, Turbo-Propellers and Other Gas Turbines to Myanmar in 2022:
- Sweden (256.0 units)
- Thailand (2.0 units)
- Italy (1.0 units)
- China (1.0 units)
- Japan (1.0 units)
Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Myanmar
In 2022, approx. 5 units of turbo-jets, turbo-propellers and other gas turbineses were exported from Myanmar; jumping by 400% compared with the previous year. In general, exports, however, saw a abrupt downturn. The exports peaked at 6 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of turbo-jets, turbo-propellers and other gas turbineses skyrocketed to $676K in 2022. Over the period under review, exports, however, showed a sharp downturn. The exports peaked at $7.4M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | N/A | N/A | N/A | 0.7 | 0% |
| United States | 0.1 | N/A | N/A | N/A | 0% |
| France | N/A | N/A | N/A | N/A | 0% |
| Singapore | 6.2 | N/A | N/A | N/A | 0% |
| Ukraine | 1.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.4 | N/A | N/A | 0.7 | -54.4% |
Top Export Markets for Turbo-Jets, Turbo-Propellers and Other Gas Turbines from Myanmar in 2022:
- Thailand (3.0 units)
- France (1.0 units)
- Singapore (1.0 units)
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