Rangefinders Price in Myanmar - 2022

Contents:

  1. Rangefinders Price in Myanmar (CIF) - 2022
  2. Rangefinders Price in Myanmar (FOB) - 2022
  3. Rangefinders Imports in Myanmar
  4. Rangefinders Exports in Myanmar

Rangefinders Price in Myanmar (CIF) - 2022

In December 2022, the average rangefinders import price amounted to $173 per thousand units, with a decrease of -34.3% against the previous month. Over the period under review, the import price, however, recorded a perceptible increase. The most prominent rate of growth was recorded in May 2022 an increase of 90% against the previous month. As a result, import price reached the peak level of $0.5 per unit. From June 2022 to December 2022, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($163 per thousand units), while the price for Taiwan (Chinese) stood at $68.0 per thousand units.

From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by China (+5.0%).

Rangefinders Price in Myanmar (FOB) - 2022

In 2022, the average rangefinders export price amounted to $60 per unit, surging by 40% against the previous year. Over the period under review, the export price continues to indicate a significant expansion. The pace of growth was the most pronounced in 2019 an increase of 720%. The export price peaked at $60 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($65 per unit), while the average price for exports to the Netherlands ($25 per unit) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+62.6%), while the prices for the other major destinations experienced more modest paces of growth.

Rangefinders Imports in Myanmar

In 2022, supplies from abroad of rangefinderses decreased by -20.9% to 214K units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 302%. As a result, imports attained the peak of 270K units, and then contracted sharply in the following year.

In value terms, rangefinders imports reduced notably to $17M in 2022. Overall, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 2,743%. As a result, imports reached the peak of $28M, and then fell significantly in the following year.

Import of Rangefinders in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China25127525,22915,069291.6%
United States89.724028035057.4%
Indonesia2.310.1286350433.9%
Malaysia0.90.5264207512.7%
Turkey50.754.616019255.9%
Germany12.234.3258101102.3%
Vietnam0.924.054.297.2376.2%
United Kingdom22.228.628.854.935.2%
Thailand0.60.119.640.8308.2%
Netherlands10.36.334.335.250.6%
France1047.519.73.5-67.7%
Austria1235.626.83.3-70.1%
Others1583001,41787276.7%
Total82698728,07717,377176.1%

Top Suppliers of Rangefinders to Myanmar in 2022:

  1. United States (38.0K units)
  2. Indonesia (30.4K units)
  3. Malaysia (26.5K units)
  4. United Kingdom (25.2K units)
  5. Turkey (24.2K units)
  6. China (13.8K units)
  7. Thailand (13.7K units)
  8. Vietnam (12.2K units)
  9. Germany (11.7K units)
  10. Netherlands (4.4K units)
  11. France (0.4K units)
  12. Austria (0.4K units)

Rangefinders Exports in Myanmar

After three years of growth, shipments abroad of rangefinderses decreased by -35.7% to 266K units in 2022. In general, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 323% against the previous year. As a result, the exports attained the peak of 414K units, and then plummeted in the following year.

In value terms, rangefinders exports declined to $16M in 2022. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 199%. As a result, the exports reached the peak of $18M, and then shrank in the following year.

Export of Rangefinders in Myanmar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A1.69.811.8171.6%
ThailandN/A2.93.32.6-5.3%
Japan3.30.42.90.8-37.6%
Netherlands0.50.10.40.3-15.7%
AustriaN/AN/A0.10.3200.0%
Others0.40.91.20.1-37.0%
Total4.25.917.716.056.2%

Top Export Markets for Rangefinders from Myanmar in 2022:

  1. United States (183.1K units)
  2. Thailand (40.5K units)
  3. Japan (24.5K units)
  4. Netherlands (12.3K units)
  5. Austria (4.3K units)

Source: IndexBox Market Intelligence Platform

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