Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Myanmar - 2022
Contents:
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Myanmar (CIF) - 2022
- Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Myanmar
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Myanmar (CIF) - 2022
In 2022, the average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $110 per unit, shrinking by -5.5% against the previous year. Overall, the import price saw a abrupt contraction. The most prominent rate of growth was recorded in 2019 an increase of 68% against the previous year. The import price peaked at $353 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 Japan ($328 per unit), while the price for Thailand ($50 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+2.0%), while the prices for the other major suppliers experienced a decline.
Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Myanmar
Imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses into Myanmar soared to 5.9K units in 2022, with an increase of 164% compared with the year before. In general, imports saw a significant expansion. Over the period under review, imports of attained the maximum at 6.4K units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses soared to $644K in 2022. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 190% against the previous year. As a result, imports attained the peak of $848K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 179 | 716 | 187 | 534 | 44.0% |
| Thailand | 3.7 | 3.3 | 2.7 | 71.3 | 168.1% |
| Vietnam | 6.3 | 2.9 | 7.4 | 15.1 | 33.8% |
| Belgium | N/A | 25.0 | N/A | N/A | 0% |
| Italy | 3.8 | 6.1 | 4.9 | N/A | 13.6% |
| Others | 100 | 94.5 | 56.2 | 22.9 | -38.8% |
| Total | 293 | 848 | 258 | 644 | 30.0% |
Top Suppliers of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas to Myanmar in 2022:
- China (4.2K units)
- Thailand (1.4K units)
- Vietnam (0.2K units)
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