Price for Machines; Parts and Accessories, of Heading No. 8472 in Myanmar - 2023
Contents:
- Price for Machines; Parts and Accessories, of Heading No. 8472 in Myanmar (CIF) - 2022
- Imports of Machines; Parts and Accessories, of Heading No. 8472 in Myanmar
Price for Machines; Parts and Accessories, of Heading No. 8472 in Myanmar (CIF) - 2022
In 2022, the average import price for machines; parts and accessories, of heading no. 8472 amounted to $52,092 per ton, declining by -37.6% against the previous year. In general, the import price showed a deep contraction. The most prominent rate of growth was recorded in 2014 an increase of 58% against the previous year. The import price peaked at $111,296 per ton in 2018; however, from 2019 to 2022, import prices remained at a 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 Hungary ($215,556 per ton), while the price for India ($9,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Machines; Parts and Accessories, of Heading No. 8472 in Myanmar
In 2022, supplies from abroad of machines; parts and accessories, of heading no. 8472 decreased by -31.8% to 1.2 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a sharp reduction. The growth pace was the most rapid in 2020 when imports increased by 52% against the previous year. As a result, imports reached the peak of 7.5 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of machines; parts and accessories, of heading no. 8472 shrank remarkably to $64K in 2022. Overall, imports faced a sharp reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 28% against the previous year. As a result, imports attained the peak of $584K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Machines; Parts and Accessories, of Heading No. 8472 in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.7 | 57.8 | 43.3 | 15.7 | 13.6% |
| Germany | 41.0 | 101 | 25.5 | 13.6 | -30.8% |
| South Korea | 1.1 | 2.3 | 1.7 | 6.3 | 78.9% |
| Malaysia | 20.6 | 10.1 | 1.7 | 5.8 | -34.5% |
| Denmark | 13.4 | 17.1 | 16.2 | 4.7 | -29.5% |
| Japan | 7.9 | 8.9 | 4.9 | 4.1 | -19.6% |
| Thailand | 78.2 | 108 | N/A | 3.7 | -63.8% |
| Singapore | 140 | 175 | 26.0 | 3.0 | -72.2% |
| United States | 26.6 | 43.6 | 19.4 | 1.8 | -59.2% |
| India | 5.7 | 2.9 | 2.9 | 0.1 | -74.0% |
| Others | 111 | 58.1 | 8.3 | 5.0 | -64.4% |
| Total | 456 | 584 | 150 | 63.8 | -48.1% |
Top Suppliers of Machines; Parts and Accessories, of Heading No. 8472 to Myanmar in 2022:
- China (305.0 kg)
- Germany (232.0 kg)
- Japan (151.0 kg)
- South Korea (140.0 kg)
- Malaysia (79.0 kg)
- Thailand (78.0 kg)
- Denmark (64.0 kg)
- Singapore (61.0 kg)
- United States (56.0 kg)
- India (6.0 kg)
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This report provides an in-depth analysis of the computing machinery market in Myanmar.
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This report provides an in-depth analysis of the global computing machinery market.
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