Duplicating Machines Price in Myanmar - 2022

Duplicating Machines Price in Myanmar (CIF) - 2022

The average duplicating machines import price stood at $3,075 per unit in 2022, falling by -24.8% against the previous year. Over the period under review, the import price, however, showed buoyant growth. The pace of growth appeared the most rapid in 2018 an increase of 477% against the previous year. The import price peaked at $4,872 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 Taiwan (Chinese) ($22,143 per unit), while the price for India ($1.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+22.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Duplicating Machines Price in Myanmar (FOB) - 2022

In 2021, the average duplicating machines export price amounted to $990 per unit, stabilizing at the previous year. Overall, the export price recorded a deep downturn. The growth pace was the most rapid in 2017 when the average export price decreased by -10.3% against the previous year. The export price peaked at $1,886 per unit in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was China ($1,013 per unit), while the average price for exports to Japan totaled $978 per unit.

From 2016 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-12.3%).

Duplicating Machines Imports in Myanmar

In 2022, approx. 93 units of duplicating machineses were imported into Myanmar; rising by 31% on the previous year. In general, total imports indicated a modest expansion from 2019 to 2022: its volume increased at an average annual rate of +1.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, duplicating machines imports dropped to $286K in 2022. The total import value increased at an average annual rate of +1.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 when imports increased by 3.3%. As a result, imports attained the peak of $290K, and then contracted in the following year.

Import of Duplicating Machines in Myanmar (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Taiwan (Chinese)	85.6	124	180	142	18.4%
China	107	53.3	6.9	56.3	-19.3%
Singapore	16.2	21.9	29.9	21.9	10.6%
South Korea	16.8	8.2	27.0	18.6	3.5%
Thailand	0.1	0.7	13.1	17.4	458.3%
Malaysia	2.5	3.0	3.7	2.5	0.0%
Others	43.7	70.0	29.4	27.6	-14.2%
Total	272	281	290	286	1.7%

Top Suppliers of Duplicating Machines to Myanmar in 2022:

Singapore (33.0 units)
Thailand (30.0 units)
China (18.0 units)
Taiwan (Chinese) (6.0 units)
Malaysia (3.0 units)
South Korea (1.0 units)

Duplicating Machines Exports in Myanmar

Duplicating machines exports from Myanmar amounted to 24 units in 2021, remaining stable against the previous year's figure. Over the period under review, exports recorded a measured increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, duplicating machines exports amounted to $24K in 2021. Overall, exports saw a pronounced descent. The smallest decline of 99.9% was in 2020. Over the period under review, the exports attained the peak figure at $26K in 2019; however, from 2020 to 2021, the exports failed to regain momentum.