Myanmar - Agricultural Harvesters - Market Analysis, Forecast, Size, Trends and Insights
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Agricultural Harvester Market Size in Myanmar
For the fourth year in a row, the Myanmar's agricultural harvester market recorded growth in sales value, which increased by X% to $X in 2023. In general, consumption saw a strong expansion. Over the period under review, the market attained the peak level in 2023 and is expected to retain growth in years to come.
Agricultural Harvester Production in Myanmar
In value terms, agricultural harvester production skyrocketed to $X in 2023 estimated in export price. Over the period under review, production, however, saw a pronounced contraction. Agricultural harvester production peaked at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.
Agricultural Harvester Exports
Exports from Myanmar
Agricultural harvester exports from Myanmar soared to X units in 2022, growing by X% on 2021 figures. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, agricultural harvester exports surged to $X in 2022. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2018 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Exports by Country
The Philippines (X units) was the main destination for agricultural harvester exports from Myanmar, accounting for a X% share of total exports. Moreover, agricultural harvester exports to the Philippines exceeded the volume sent to the second major destination, South Korea (X units), threefold.
From 2013 to 2022, the average annual rate of growth in terms of volume to the Philippines amounted to X.0%.
In value terms, the Philippines ($X) emerged as the key foreign market for agricultural harvesters exports from Myanmar, comprising X% of total exports. The second position in the ranking was held by South Korea ($X), with a X% share of total exports.
From 2013 to 2022, the average annual growth rate of value to the Philippines amounted to X.3%.
Export Prices by Country
The average agricultural harvester export price stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the export price, however, recorded a perceptible setback. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($X per unit), while the average price for exports to South Korea amounted to $X per unit.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (X%), while the prices for the other major destinations experienced mixed trend patterns.
Agricultural Harvester Imports
Imports into Myanmar
In 2023, after three years of decline, there was significant growth in overseas purchases of agricultural harvesters, when their volume increased by X% to X units. Overall, imports posted a significant increase. Over the period under review, imports attained the maximum at X units in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.
In value terms, agricultural harvester imports skyrocketed to $X in 2023. In general, imports recorded a significant expansion. Imports peaked at $X in 2016; however, from 2017 to 2023, imports failed to regain momentum.
Imports by Country
Thailand (X units), China (X units) and Singapore (X units) were the main suppliers of agricultural harvester imports to Myanmar, together accounting for X% of total imports.
From 2012 to 2023, the biggest increases were recorded for Thailand (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Thailand ($X) constituted the largest supplier of agricultural harvesters to Myanmar, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.
From 2012 to 2023, the average annual growth rate of value from Thailand amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Singapore (X% per year).
Import Prices by Country
In 2023, the average agricultural harvester import price amounted to $X per unit, growing by X% against the previous year. Over the period under review, the import price, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2023, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
This report provides an in-depth analysis of the agricultural harvester market in Myanmar. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28305915 - Combine harvester-threshers
- Prodcom 28305930 - Agricultural threshing machinery (excluding combine harvester-threshers)
- Prodcom 28305945 - Forage harvesters (excluding self-propelled)
- Prodcom 28305960 - Forage harvesters, self-propelled
- Prodcom 28305970 - Harvesting machines (excluding combine harvester threshers, root or tuber harvesting machines, forage harvesters)
Country coverage:
- Myanmar
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Myanmar
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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