new agricultural machines oil plant togo in myanmar

                                               
                                               
                                               
                                               
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  • What is the future of agriculture machinery in Myanmar?
  • The government’s growing focus on agriculture mechanization in Myanmar is predicted to fuel the demand for agriculture machinery, with a projected compound annual growth rate (CAGR) of 8.8% throughout the forecast period.‌
  • How many agricultural machinery retailers are there in Myanmar?
  • Scoping interviews indicated that most of Yangon’s agricultural machinery retailers were located in a single commercial compound, constituting by far the largest ‘cluster’ of machinery retailers in Myanmar. A census of these businesses identified 30 agricultural machinery retailers.‌
  • What tractors are available in Myanmar?
  • The tractor market in Myanmar presents a range of options, including both four-wheeler and two-wheeler tractors. The regions of Ayeyarwady, Yangon, Kayah, Mandalay, and Magway stand out as key areas with significant demand for tractors.‌
  • Why is agricultural machinery so popular in Myanmar?
  • Myanmar has experienced extremely rapid agricultural mechanization since 2011. Agricultural machinery is close to scale-neutral at point of use. Small farm sizes do not hinder uptake due to availability of outsourcing services. Demand for machines is driven by labor scarcity, timeliness, risk, drudgery aversion.‌
  • What is Myanmar’s primary agricultural produce?
  • Myanmar’s primary agricultural produce is rice, accounting for approximately 60% of the country’s total cultivated land area and for approximately 97% of total food grain production by weight. (The passage also mentions that agriculture in Myanmar has suffered greatly due to international isolation, but that information is not relevant to the question and should not be included in the Fixed Passage.)‌
  • What is the competition in Myanmar agriculture machinery market?
  • The competition in the Myanmar agriculture machinery market is characterized by a combination of fragmentation and high concentration. Within the tractor market, there are approximately 30-40 players, with Kubota, Dongfeng, and Sonalika dominating by capturing roughly 50% of the market share.