Report Update Apr 1, 2024

Myanmar - Electrical Fuses - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Electrical Fuse Market 2024

Electrical Fuse Market Size in Myanmar

The Myanmar's electrical fuse market dropped significantly to $X in 2021, which is down by -20.6% against the previous year. In general, consumption showed a deep downturn. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Electrical Fuse Production in Myanmar

In value terms, electrical fuse production fell rapidly to $X in 2021 estimated in export price. Overall, production showed a abrupt slump. The most prominent rate of growth was recorded in 2014 with an increase of 77% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Electrical Fuse Exports

Exports from Myanmar

In 2021, overseas shipments of electrical fuses decreased by -41% to X kg, falling for the third year in a row after two years of growth. Over the period under review, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2018 when exports increased by 837%. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, electrical fuse exports shrank remarkably to $X in 2021. In general, exports recorded a abrupt setback. The pace of growth appeared the most rapid in 2018 when exports increased by 982%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Japan (X kg) and Hong Kong SAR (X kg) were the main destinations of electrical fuse exports from Myanmar.

From 2014 to 2021, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +42.4%).

In value terms, the largest markets for electrical fuse exported from Myanmar were Hong Kong SAR ($X) and Japan ($X).

Among the main countries of destination, Hong Kong SAR, with a CAGR of +47.4%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2021, the average electrical fuse export price amounted to $X per ton, rising by 24% against the previous year. Over the period under review, the export price enjoyed prominent growth. The most prominent rate of growth was recorded in 2019 an increase of 34% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Japan totaled $X per ton.

From 2014 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+3.5%).

Electrical Fuse Imports

Imports into Myanmar

Electrical fuse imports into Myanmar contracted remarkably to X tons in 2021, waning by -64.6% against the previous year's figure. Overall, imports, however, showed prominent growth. The growth pace was the most rapid in 2013 with an increase of 8,792%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, electrical fuse imports shrank markedly to $X in 2021. In general, imports, however, posted a strong increase. The pace of growth was the most pronounced in 2013 with an increase of 6,228% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

China (X tons), Thailand (X tons) and India (X tons) were the main suppliers of electrical fuse imports to Myanmar, together comprising 87% of total imports. These countries were followed by Japan, Vietnam, South Korea, Singapore and the United States, which together accounted for a further 12%.

From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of +104.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest electrical fuse suppliers to Myanmar were Japan ($X), China ($X) and Thailand ($X), together comprising 66% of total imports.

Among the main suppliers, Japan, with a CAGR of +90.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average electrical fuse import price amounted to $X per ton, which is down by -1.8% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 108%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+45.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electrical fuses in the world?

China remains the largest electrical fuse consuming country worldwide, accounting for 26% of total volume. Moreover, electrical fuse consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. Germany ranked third in terms of total consumption with an 11% share.

What are the largest producers of electrical fuses in the world?

The country with the largest volume of electrical fuse production was China, accounting for 27% of total volume. Moreover, electrical fuse production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was held by Germany, with an 11% share.

What are the leading suppliers of electrical fuses to Myanmar?

In value terms, the largest electrical fuse suppliers to Myanmar were Japan, China and Thailand, with a combined 66% share of total imports.

What are the leading importers of electrical fuses from Myanmar?

In value terms, the largest markets for electrical fuse exported from Myanmar were Hong Kong SAR and Japan.

What is the average export price for electrical fuses in Myanmar?

In 2021, the average electrical fuse export price amounted to $67,599 per ton, increasing by 24% against the previous year.

What is the average import price for electrical fuses in Myanmar?

In 2021, the average electrical fuse import price amounted to $3,152 per ton, dropping by -1.8% against the previous year.

This report provides an in-depth analysis of the electrical fuse 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 27121010 - Fuses for a voltage > 1 kV
Prodcom 27122130 - Fuses for a voltage . 1 kV and for a current . .10 A
Prodcom 27122150 - Fuses for a voltage . 1 kV and for a current > .10 A but . .63 A
Prodcom 27122170 - Fuses 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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023