Myanmar - Tractors - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTractor Price in Myanmar - 2022
Contents:
- Tractor Price in Myanmar (CIF) - 2022
- Tractor Price in Myanmar (FOB) - 2022
- Tractor Imports in Myanmar
- Tractor Exports in Myanmar
Tractor Price in Myanmar (CIF) - 2022
The average tractor import price stood at $3,801 per unit in 2022, with an increase of 25% against the previous year. Overall, the import price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 56% against the previous year. The import price peaked at $10,358 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($71,421 per unit), while the price for China ($1,962 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+23.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Tractor Price in Myanmar (FOB) - 2022
In 2022, the average tractor export price amounted to $12,943 per unit, picking up by 730% against the previous year. Overall, the export price posted a prominent increase. Over the period under review, the average export prices attained the maximum at $45,135 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Thailand.
From 2013 to 2022, the rate of growth in terms of prices for South Korea amounted to +35.4% per year.
Tractor Imports in Myanmar
In 2022, overseas purchases of tractors decreased by -56% to 8.2K units, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a dramatic contraction. The growth pace was the most rapid in 2020 with an increase of 93%. As a result, imports attained the peak of 48K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, tractor imports reduced dramatically to $31M in 2022. In general, imports faced a sharp decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 57% against the previous year. As a result, imports attained the peak of $147M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Tractor in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 21.2 | 27.1 | 15.3 | 10.0 | -22.2% |
| China | 39.4 | 89.4 | 23.3 | 9.5 | -37.8% |
| Thailand | 14.2 | 12.5 | 5.9 | 7.0 | -21.0% |
| Singapore | 7.0 | 7.5 | 5.8 | 0.2 | -69.4% |
| Others | 11.6 | 10.4 | 6.4 | 4.3 | -28.2% |
| Total | 93.4 | 147 | 56.6 | 31.1 | -30.7% |
Top Suppliers of Tractor to Myanmar in 2022:
- Singapore (undefinedK units)
- China (4.8K units)
- Thailand (2.3K units)
- India (0.8K units)
Tractor Exports in Myanmar
In 2022, after three years of growth, there was significant decline in shipments abroad of tractors, when their volume decreased by -84.8% to 29 units. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 3,720%. As a result, the exports reached the peak of 191 units, and then shrank notably in the following year.
In value terms, tractor exports soared to $375K in 2022. Overall, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 227%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Export of Tractor in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 1.4 | 10.5 | 1.2 | 375 | 544.6% |
| China | 11.8 | N/A | 13.2 | N/A | 5.8% |
| Malaysia | N/A | 179 | N/A | N/A | 0% |
| Indonesia | N/A | N/A | 271 | N/A | 0% |
| Others | 44.6 | N/A | 12.2 | N/A | -47.7% |
| Total | 57.8 | 189 | 298 | 375 | 86.5% |
Top Export Markets for Tractor from Myanmar in 2022:
- Thailand (29.0 units)
This report provides an in-depth analysis of the tractor 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 28301000 - Pedestrian-controlled tractors
- Prodcom 28302100 - New agricultural and forestry tractors, wheeled, of an engine power . .37 kW
- Prodcom 28302200 - New agricultural and forestry tractors, wheeled, of an engine power > .37 kW but . .59 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302330 - New agricultural and forestry tractors, wheeled, of an engine power > .59 kW but . .75 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302350 - New agricultural and forestry tractors, wheeled, of an engine power > .75 kW but . .90 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302370 - New agricultural and forestry tractors, wheeled, of an engine power > .90 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302390 - New tractors excluding agricultural/forestry tractors, wheeled, p edestrian-controlled tractors - road tractors for semi-trailers, t rack-laying tractors -tractors used on railway platforms
- Prodcom 28925000 - (Crawler tractors) Track-laying tractors
- Prodcom 29104300 - Road tractors for semi-trailers
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
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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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This report provides an in-depth analysis of the tractor market in Myanmar.
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This report provides an in-depth analysis of the market for road tractor for semi-trailer in Myanmar.
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This report provides an in-depth analysis of the crawler tractor market in Myanmar.
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This report provides an in-depth analysis of the market for agricultural and forestry tractor in Myanmar.
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This report provides an in-depth analysis of the global tractor market.
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This report provides an in-depth analysis of the global market for road tractor for semi-trailer.
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In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
690
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
1353
Mexico claimed dominance in the global road tractors for semi-trailers trade. In 2014, Mexico exported X thousand units of road tractors for semi-trailers totaling X billion USD, X% over the previous year. Its primary trading partner was the U.
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Explore the top countries by import value for Crawler Tractors, including the United States, Canada, Australia, and more. Discover key statistics and trends in the global market for these essential machines.
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Explore the top import markets for agricultural and forestry tractors, their import values, and key statistics. Discover the leading countries in the global market using data from IndexBox platform.
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In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
690
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
1353
Mexico claimed dominance in the global road tractors for semi-trailers trade. In 2014, Mexico exported X thousand units of road tractors for semi-trailers totaling X billion USD, X% over the previous year. Its primary trading partner was the U.
71
Explore the top countries by import value for Crawler Tractors, including the United States, Canada, Australia, and more. Discover key statistics and trends in the global market for these essential machines.
213
Explore the top import markets for agricultural and forestry tractors, their import values, and key statistics. Discover the leading countries in the global market using data from IndexBox platform.
