Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Myanmar - 2023
Contents:
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Myanmar (CIF) - 2022
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Myanmar (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Myanmar
- Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Myanmar
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Myanmar (CIF) - 2022
The average import price for electric motors and generators stood at $173 per unit in 2022, falling by -24.8% against the previous year. Overall, the import price, however, recorded a pronounced expansion. The pace of growth was the most pronounced in 2016 an increase of 52% against the previous year. As a result, import price attained the peak level of $377 per unit. From 2017 to 2022, the average 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 ($361 per unit), while the price for China ($107 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Myanmar (FOB) - 2022
In 2022, the average export price for electric motors and generators amounted to $148 per unit, remaining stable against the previous year. In general, the export price saw strong growth. The pace of growth appeared the most rapid in 2015 when the average export price increased by 4,757% against the previous year. The export price peaked at $2,902 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($785 per unit), while the average price for exports to Canada ($1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+111.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Myanmar
In 2022, supplies from abroad of electric motors and generators was finally on the rise to reach 18K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a sharp slump. Imports peaked at 223K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of electric motors and generators surged to $3.2M in 2022. Over the period under review, imports, however, showed a sharp decline. Over the period under review, imports of reached the maximum at $53M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 3.6 | 3.6 | 1.4 | 2.0 | -17.8% |
| China | 42.3 | 19.8 | 0.3 | 0.3 | -80.8% |
| Japan | 1.4 | 0.2 | 0.1 | 0.2 | -47.7% |
| Thailand | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Others | 5.1 | 3.8 | 0.3 | 0.5 | -53.9% |
| Total | 52.6 | 27.6 | 2.1 | 3.2 | -60.7% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Myanmar in 2022:
- Singapore (13.3K units)
- China (2.9K units)
- Thailand (0.7K units)
- Japan (0.5K units)
Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Myanmar
In 2022, overseas shipments of electric motors and generators decreased by 0% to 8 units, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a significant decrease. The pace of growth was the most pronounced in 2020 when exports increased by 184% against the previous year. As a result, the exports attained the peak of 139 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of electric motors and generators totaled $1.2K in 2022. Over the period under review, exports recorded a precipitous shrinkage. The smallest decline of -50.1% was in 2020. The exports peaked at $142K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 30.6 | 28.3 | N/A | 0.8 | -70.3% |
| Netherlands | N/A | N/A | N/A | 0.2 | 0% |
| Indonesia | 5.6 | 1.5 | N/A | 0.1 | -73.9% |
| Serbia | N/A | N/A | N/A | 0.1 | 0% |
| Thailand | 0.1 | N/A | N/A | N/A | 0% |
| Vietnam | 8.2 | N/A | N/A | N/A | 0% |
| United States | N/A | 18.8 | N/A | N/A | 0% |
| France | 1.1 | 0.9 | N/A | N/A | -18.2% |
| Singapore | 77.4 | 21.3 | N/A | N/A | -72.5% |
| Canada | N/A | N/A | N/A | N/A | 0% |
| Others | 19.3 | N/A | N/A | N/A | 0% |
| Total | 142 | 71.0 | N/A | 1.2 | -79.6% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from Myanmar in 2022:
- Canada (1.0 units)
- Netherlands (1.0 units)
- Singapore (1.0 units)
- United Arab Emirates (1.0 units)
- Indonesia (1.0 units)
- Serbia (1.0 units)
- France (1.0 units)
- Thailand (1.0 units)
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