Myanmar - Lead-Acid Accumulators (Excluding Starter Batteries) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Lead-Acid Accumulators (Excluding Starter Batteries) in Myanmar - 2022
Contents:
- Price for Lead-Acid Accumulators (Excluding Starter Batteries) in Myanmar (CIF) - 2022
- Price for Lead-Acid Accumulators (Excluding Starter Batteries) in Myanmar (FOB) - 2022
- Imports of Lead-Acid Accumulators (Excluding Starter Batteries) in Myanmar
- Exports of Lead-Acid Accumulators (Excluding Starter Batteries) in Myanmar
Price for Lead-Acid Accumulators (Excluding Starter Batteries) in Myanmar (CIF) - 2022
The average import price for lead-acid accumulators (excluding starter batteries) stood at $11.3 per unit in December 2022, dropping by -62.7% against the previous month. Over the period under review, the import price faced a abrupt curtailment. The pace of growth appeared the most rapid in June 2022 an increase of 256% against the previous month. The import price peaked at $70.8 per unit in December 2021; however, from January 2022 to December 2022, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($26.0 per unit), while the price for China amounted to $4.9 per unit.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-8.0%).
Price for Lead-Acid Accumulators (Excluding Starter Batteries) in Myanmar (FOB) - 2022
In 2022, the average export price for lead-acid accumulators (excluding starter batteries) amounted to $2,416 per unit, leveling off at the previous year. Over the period under review, the export price showed a significant increase. The growth pace was the most rapid in 2015 when the average export price decreased by -18.2%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for the Philippines.
From 2014 to 2022, the rate of growth in terms of prices for the Philippines amounted to 0.0% per year.
Imports of Lead-Acid Accumulators (Excluding Starter Batteries) in Myanmar
In 2022, imports of lead-acid accumulators (excluding starter batteries) into Myanmar skyrocketed to 1.5M units, picking up by 99% on 2021. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, lead-acid accumulators (excluding starter batteries) imports soared to $14M in 2022. The total import value increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Lead-Acid Accumulators (Excluding Starter Batteries) in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.0 | 3.4 | 3.1 | 6.2 | 15.7% |
| Vietnam | 2.0 | 4.4 | 3.1 | 5.3 | 38.4% |
| India | 3.0 | 4.1 | 3.1 | 2.2 | -9.8% |
| Thailand | 0.6 | 0.4 | 0.1 | 0.5 | -5.9% |
| Others | 1.9 | 1.7 | 1.8 | 0.1 | -62.5% |
| Total | 11.5 | 13.9 | 11.2 | 14.3 | 7.5% |
Top Suppliers of Lead-Acid Accumulators (Excluding Starter Batteries) to Myanmar in 2022:
- China (1092.0K units)
- Vietnam (323.8K units)
- India (25.8K units)
- Thailand (15.4K units)
Exports of Lead-Acid Accumulators (Excluding Starter Batteries) in Myanmar
In 2022, lead-acid accumulators (excluding starter batteries) exports from Myanmar stood at 25 units, almost unchanged from 2021. Over the period under review, exports recorded a precipitous curtailment. The smallest decline of 99.9% was in 2021. The exports peaked at 1.1K units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, lead-acid accumulators (excluding starter batteries) exports totaled $60K in 2022. In general, exports posted significant growth. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Lead-Acid Accumulators (Excluding Starter Batteries) in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Philippines | N/A | N/A | 60.4 | 0% | |
| Canada | 22.6 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 22.6 | N/A | 60.4 | 63.5% | |
Top Export Markets for Lead-Acid Accumulators (Excluding Starter Batteries) from Myanmar in 2022:
- Philippines (25.0 units)
This report provides an in-depth analysis of the market for lead-acid accumulators (excluding starter batteries) 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 27202200 - Lead-acid accumulators (excluding starter batteries)
- Prodcom 27202230 -
- Prodcom 27202240 -
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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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