Myanmar - Automatic Circuit Breakers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCircuit Breaker Price in Myanmar - 2022
Contents:
- Circuit Breaker Price in Myanmar (CIF) - 2022
- Circuit Breaker Price in Myanmar (FOB) - 2022
- Circuit Breaker Imports in Myanmar
- Circuit Breaker Exports in Myanmar
Circuit Breaker Price in Myanmar (CIF) - 2022
In 2022, the average circuit breaker import price amounted to $7.2 per unit, reducing by -50.6% against the previous year. Overall, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in 2018 an increase of 116% against the previous year. The import price peaked at $24 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($38 per unit), while the price for India ($2.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cameroon (+21.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Circuit Breaker Price in Myanmar (FOB) - 2022
In 2022, the average circuit breaker export price amounted to $2.3 per unit, dropping by -47.1% against the previous year. Overall, the export price recorded a sharp descent. The pace of growth appeared the most rapid in 2019 an increase of 114% against the previous year. As a result, the export price attained the peak level of $348 per unit. From 2020 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for South Korea.
From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to -33.0% per year.
Circuit Breaker Imports in Myanmar
In 2022, overseas purchases of automatic circuit breakers increased by 58% to 3.9M units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +7.7% over the last three-year period. The trend pattern, however, 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.
In value terms, circuit breaker imports fell markedly to $28M in 2022. Overall, imports, however, saw a pronounced downturn. The pace of growth appeared the most rapid in 2020 with an increase of 12%. Over the period under review, imports hit record highs at $36M in 2021, and then dropped remarkably in the following year.
| Import of Circuit Breaker in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.5 | 19.0 | 19.2 | 12.9 | -7.9% |
| Germany | 2.3 | 1.5 | 3.2 | 6.0 | 37.7% |
| Japan | 0.8 | 0.7 | 0.6 | 3.7 | 66.6% |
| South Korea | 2.3 | 2.1 | 0.7 | 1.5 | -13.3% |
| Turkey | 0.1 | 0.1 | N/A | 1.4 | 141.0% |
| India | 1.5 | 1.4 | 0.8 | 0.7 | -22.4% |
| Taiwan (Chinese) | 2.1 | 2.3 | 3.3 | 0.6 | -34.1% |
| Vietnam | 0.6 | 0.8 | 0.7 | 0.3 | -20.6% |
| Thailand | 0.5 | 0.5 | 0.3 | 0.3 | -15.7% |
| Others | 5.3 | 7.5 | 7.3 | 0.8 | -46.8% |
| Total | 32.0 | 35.8 | 36.1 | 28.2 | -4.1% |
Top Suppliers of Circuit Breaker to Myanmar in 2022:
- China (2602.1K units)
- Turkey (289.4K units)
- India (279.2K units)
- South Korea (188.9K units)
- Thailand (113.4K units)
- Japan (96.7K units)
- Taiwan (Chinese) (89.4K units)
- Germany (60.3K units)
- Vietnam (29.4K units)
Circuit Breaker Exports in Myanmar
In 2022, circuit breaker exports from Myanmar soared to 392K units, increasing by 736% against the year before. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 76,751% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, circuit breaker exports soared to $908K in 2022. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 987% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Circuit Breaker in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 0.5 | 7.0 | 177 | 870 | 1102.8% |
| Japan | 10.3 | 10.5 | 23.2 | N/A | 50.1% |
| United States | 1.1 | N/A | 1.0 | N/A | -4.7% |
| Others | 0.6 | 1.3 | 4.3 | 37.8 | 297.9% |
| Total | 12.5 | 18.9 | 205 | 908 | 317.2% |
Top Export Markets for Circuit Breaker from Myanmar in 2022:
- South Korea (391.7K units)
This report provides an in-depth analysis of the circuit breaker 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 27121020 - Automatic circuit breakers
- Prodcom 27122230 - Automatic circuit breakers for a voltage . 1 kV and for a current . .63 A
- Prodcom 27122250 - Automatic circuit breakers for a voltage . 1 kV and for a current > .63 A
- Prodcom 27122230 - Automatic circuit breakers for a voltage . 1 kV and for a current . .63 A
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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