Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Myanmar - 2023

Contents:

  1. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Myanmar (CIF) - 2022
  2. Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Myanmar

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Myanmar (CIF) - 2022

The average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $853 per unit in 2022, flattening at the previous year. Over the period under review, the import price recorded a abrupt setback. The most prominent rate of growth was recorded in 2015 when the average import price increased by 85%. Over the period under review, average import prices attained the maximum at $2,251 per unit in 2013; however, from 2014 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 China ($871 per unit), while the price for Thailand stood at $428 per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.1%), while the prices for the other major suppliers experienced a decline.

Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Myanmar

In 2022, purchases abroad of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses decreased by 0% to 24 units, falling for the second year in a row after two years of growth. Over the period under review, imports showed a noticeable descent. The pace of growth was the most pronounced in 2020 when imports increased by 358% against the previous year. As a result, imports attained the peak of 119 units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $20K in 2022. In general, imports recorded a perceptible setback. The pace of growth was the most pronounced in 2020 with an increase of 297%. As a result, imports attained the peak of $91K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China18.865.3N/A20.02.1%
ThailandN/A0.2N/A0.441.4%
United KingdomN/A2.7N/AN/A0%
IndiaN/A10.2N/AN/A0%
JapanN/A13.1N/AN/A0%
Singapore2.2N/AN/AN/A0%
Italy2.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total23.091.4N/A20.5-3.8%

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to Myanmar in 2022:

  1. China (23.0 units)
  2. Thailand (1.0 units)

Source: IndexBox Market Intelligence Platform

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