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Myanmar Agriculture Machinery Market Outlook to 2025 - Government Initiatives for Modernizing the Agriculture Process and Ease of Financing will Boost the Growth in the Myanmar Agriculture Equipments Market: Ken Research Key Findings Power tillers, tractors and threshers are the most common equipments used in the Myanmar agriculture machinery segment. Out of these, Power Tillers are the most selling agricultural equipment in the region. The agriculture equipment market in Myanmar is currently exclusively import dependent. The Ministry of Commerce, effective from November 2017, granted the permission for joint ventures (JVs) between foreign and domestic companies to import and sell agricultural machinery. Central Region consisting of Dry Zone of Magway and Mandalay area and Delta Zone of Bago, Yangon, Ayeyarwady and Mon State has the highest demand for agricultural equipments in Myanmar. The region will witness a CAGR of ~10% growth in demand for tractors during 2020-2025.

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