Price for Compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion in Myanmar - 2022
Contents:
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Myanmar (CIF) - 2022
- Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Myanmar
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Myanmar (CIF) - 2022
In 2022, the average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion amounted to $159 per unit, growing by 67% against the previous year. Overall, the import price, however, saw a dramatic contraction. The import price peaked at $1,883 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,207 per unit), while the price for China ($81 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.4%), while the prices for the other major suppliers experienced a decline.
Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Myanmar
In 2022, overseas purchases of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion decreased by -84.9% to 12K units for the first time since 2018, thus ending a three-year rising trend. In general, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 193%. As a result, imports attained the peak of 78K units, and then dropped rapidly in the following year.
In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion contracted notably to $1.9M in 2022. Over the period under review, imports saw a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 75% against the previous year. As a result, imports attained the peak of $7.5M, and then declined sharply in the following year.
| Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.0 | 3.0 | 6.3 | 0.8 | -35.6% |
| Netherlands | 0.2 | 0.2 | 0.1 | 0.4 | 26.0% |
| Thailand | 0.2 | 0.2 | 0.2 | 0.1 | -20.6% |
| Others | 2.2 | 0.9 | 0.9 | 0.5 | -39.0% |
| Total | 5.5 | 4.3 | 7.5 | 1.9 | -29.8% |
Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion to Myanmar in 2022:
- China (10.3K units)
- Netherlands (0.7K units)
- Thailand (0.5K units)
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