From January to November 2021, the bilateral import and export volume of goods between China and Myanmar was US$16,046.6 million, a decrease of US$507.1677 million compared with the same period in 2020, a year-on-year decrease of 3%.

From January to November 2021, the total value of China’s exports to Myanmar was US$9,344.7604 million, a decrease of US$1,620.6727 million compared with the same period in 2020, a year-on-year decrease of 14.7%; the total value of China’s imports from Myanmar was US$6,701.8349 million, compared with 2020. During the same period, it increased by 1,113,504,900 US dollars, a year-on-year increase of 19.9%.

As neighbors, China and Myanmar have a solid foundation for economic and trade exchanges. After years of development, Myanmar finally graduated from the ranks of the least developed countries in 2021. The head of the United Nations Representative Office in Myanmar said that Myanmar has met the three criteria for graduation from the ranks of the least developed countries in 2018. In addition, in 2021 Also up to par again. He said that after three to five years of reForm and development, Myanmar will be completely removed from the ranks of the least developed countries. As an indispensable equipment in infrastructure construction, Dongqi Crane has provided more than ten sets of crane solutions for Myanmar customers in the past 2021. We believe that as Myanmar’s economy continues to recover, the demand for cranes will also continue to expand. This article will analyze the size and development trend of the domestic crane market in Myanmar in 2022 by sorting out the import and export data of overhead cranes in Myanmar

Some Questions About the World Overhead Crane Market
Before we start discussing the aerial crane market in Myanmar, we have a few small questions that need to be answered first. Let’s take a look

What are the largest markets for overhead travelling cranes on fixed support in the world?
The countries with the highest volumes of overhead travelling crane consumption in 2020 were China (34K units), the U.S. (18K units) and India (13K units), together comprising 39% of global consumption. Japan, Germany, Russia, Brazil, Denmark, Bangladesh, Canada, Spain, Turkey and Italy lagged somewhat behind, together comprising a further 28%.
What are the largest producers of overhead travelling cranes on fixed support in the world?
China (38K units) remains the largest overhead travelling crane producing country worldwide, accounting for 24% of total volume. Moreover, overhead travelling crane production in China exceeded the figures recorded by the second-largest producer, the U.S. (18K units), twofold. The third position in this ranking was occupied by India (14K units), with a 9% share.
What are the leading suppliers of overhead travelling cranes on fixed support to Myanmar?
In value terms, India ($1M) constituted the largest supplier of overhead travelling crane to Myanmar, comprising 44% of total imports. The second position in the ranking was occupied by China ($508K), with a 22% share of total imports. It was followed by Viet Nam, with a 12% share.
What is the average export price for overhead travelling cranes on fixed support in Myanmar?
In 2020, the average overhead travelling crane export price amounted to $9,751 per unit, approximately mirroring the previous year.
What is the average import price for overhead travelling cranes on fixed support in Myanmar?
The average overhead travelling crane import price stood at $58,297 per unit in 2020, falling by -23.3% against the previous year.
Data source: https://www.indexbox.io/store/myanmar-overhead-travelling-cranes-on-fixed-support-market-analysis-forecast-size-trends-and-insights/

Myanmar overhead crane

Myanmar Overhead Crane Market Size
The Overhead Crane Market in Myanmar shrank rapidly to USD X in 2020, down -X% from the previous year. This figure reflects the total revenue of producers and importers (excluding logistics costs, retail marketing costs and retailer profits, which will be included in the final consumer price). However, there was a strong increase in consumption during the period under review. The most significant growth rate occurred in 2017, when the market capitalization increased by X% year-on-year. As a result, consumption reaches a peak level of X dollars. From 2018 to 2020, market growth failed to regain momentum.

Myanmar overhead crane export scale
In 2020, about X fixed-stand overhead cranes were exported from Myanmar; standing about a year earlier. During the period under review, exports showed strong growth. During the period under review, exports peaked in 2020 and may continue to grow in the short term. Overhead crane exports in 2020 are X dollars by value. Overall, exports continue to show serious setbacks. Exports peaked at $X in 2014; however, from 2015 to 2020, exports failed to regain momentum.

Singapore (X units) was the main destination for Myanmar’s overhead crane exports, accounting for about X% of total exports.

From 2007 to 2020, the average annual growth rate of freight traffic to Singapore has been relatively modest.

From 2007 to 2020, the average annual growth rate of value to Singapore was relatively modest.

Europe Double Girder Electric Overhead crane

Myanmar Overhead Crane Import Scale
In 2020, the number of fixed-support overhead cranes imported from Myanmar rapidly shrank to X units, down -X% from the previous year. Overall, however, imports showed strong growth. The growth rate was most pronounced in 2017, when imports rose by X% year-on-year. As a result, imports peaked at X units. From 2018 to 2020, import growth remained low.

In 2020, imports of overhead cranes dropped significantly to $X in value terms. However, imports grew significantly during the period under review. The most significant growth rate occurred in 2017, with an X% year-on-year increase. During the period under review, imports peaked at $X in 2013; however, from 2014 to 2020, imports declined slightly.

In 2020, Vietnam (X units) was the largest supplier of overhead cranes in Myanmar, accounting for X% of total imports. In addition, bridge cranes imported from Vietnam were twice as high as the number recorded by the second largest supplier, India (X units). Taiwan (China) (Taiwan X) occupies the third position in the ranking with an X% share.

From 2007 to 2020, the average annual growth rate of Vietnam’s export volume totaled +X%. The average annual growth rates of imports for the remaining suppliers are as follows: India (+X% per annum) and Taiwan (China) (+X% per annum).

India ($X) is the largest supplier of overhead cranes to Myanmar by value, accounting for X% of total imports. In second place is China ($X) with X% of total imports. It is followed by Vietnam with an X% share.

From 2007 to 2020, India’s value has grown at an average annual rate of +X%. The average annual growth rates of imports for the remaining suppliers are as follows: China (+X% per annum) and Vietnam (+X% per annum).

How to customize Overhead Crane from China
We are a crane manufacturer located in China, providing crane customization services to global crane customers. If you want to customize a Overhead Crane, you can leave a message on the website or email, tell us the following inFormation, and our sales manager will contact you:

Lifting capacity (ton): __ ?( The rated capacity)
Lifting height (m):__ ? (Height from hook center to the floor)
Span (m): __ ? (Distance between rail center)
Lifting speed (m/min): __ ? ( Single, Dual, Variable)
Traveling distance (m): __ ? (The length of the rail)
Work duty: __ ? (How many hours a day? How many times an hour?)
What material to be lifted: __ ?
Industrial voltage: __ ? ( like :380V, 50Hz, 3ph )
You can either fill out the contact Form or send us an email. After receiving your inquiry, we will contact you as soon as possible and provide you with a suitable offer.

Development Trend and Prospect of Myanmar Overhead Crane Market in 2022