Myanmar - Flat-Rolled Products Of Iron Or Steel (Not Further Worked Than Hot-Rolled) - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingHot-Rolled Steel Products Price in Myanmar - 2022
Contents:
- Hot-Rolled Steel Products Price in Myanmar (CIF) - 2022
- Hot-Rolled Steel Products Price in Myanmar (FOB) - 2022
- Hot-Rolled Steel Products Imports in Myanmar
- Hot-Rolled Steel Products Exports in Myanmar
Hot-Rolled Steel Products Price in Myanmar (CIF) - 2022
The average hot-rolled steel products import price stood at $679 per ton in 2022, with an increase of 6.8% against the previous year. Overall, the import price, however, saw a noticeable decline. The most prominent rate of growth was recorded in 2021 an increase of 41% against the previous year. Over the period under review, average import prices hit record highs at $969 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($942 per ton), while the price for China ($671 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+2.3%), while the prices for the other major suppliers experienced a decline.
Hot-Rolled Steel Products Price in Myanmar (FOB) - 2022
The average hot-rolled steel products export price stood at $3,027 per ton in 2022, with an increase of 21% against the previous year. Over the period under review, export price indicated a pronounced increase from 2016 to 2022: its price increased at an average annual rate of +4.9% over the last six years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hot-rolled steel products export price increased by +95.2% against 2018 indices. The growth pace was the most rapid in 2017 when the average export price increased by 46% against the previous year. As a result, the export price attained the peak level of $3,334 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($13,304 per ton), while the average price for exports to Hong Kong SAR ($1,374 per ton) was amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.
Hot-Rolled Steel Products Imports in Myanmar
In 2022, hot-rolled steel products imports into Myanmar soared to 106K tons, rising by 95% compared with 2021 figures. Overall, imports, however, showed a drastic downturn.
In value terms, hot-rolled steel products imports surged to $72M in 2022. In general, imports, however, showed a deep downturn.
| Import of Hot-Rolled Steel Products in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 59.5 | 49.2 | 16.1 | 67.1 | 4.1% |
| Taiwan (Chinese) | 3.6 | 2.8 | 3.4 | 1.9 | -19.2% |
| South Korea | 4.6 | 10.7 | 2.7 | 1.2 | -36.1% |
| Japan | 10.0 | 18.0 | 7.6 | 0.3 | -68.9% |
| Indonesia | 3.2 | 3.5 | N/A | N/A | 9.4% |
| Others | 7.2 | 6.6 | 4.7 | 1.2 | -45.0% |
| Total | 88.1 | 90.8 | 34.5 | 71.7 | -6.6% |
Top Suppliers of Hot-Rolled Steel Products to Myanmar in 2022:
- Indonesia (undefinedK tons)
- China (100.0K tons)
- Taiwan (Chinese) (2.8K tons)
- South Korea (1.3K tons)
- Japan (0.3K tons)
Hot-Rolled Steel Products Exports in Myanmar
After two years of decline, overseas shipments of flat-rolled products of iron or steel (not further worked than hot-rolled) increased by 7,269% to 363 tons in 2022. Over the period under review, exports, however, recorded a precipitous setback.
In value terms, hot-rolled steel products exports soared to $1.1M in 2022. In general, exports, however, faced a significant contraction.
| Export of Hot-Rolled Steel Products in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 2,359 | 1,660 | N/A | 850 | -28.8% |
| United States | 340 | 250 | N/A | 129 | -27.6% |
| Indonesia | 224 | 171 | N/A | 73.5 | -31.0% |
| India | 84.9 | 85.3 | N/A | 37.6 | -23.8% |
| Hong Kong SAR | 15.3 | 28.0 | N/A | 10.4 | -12.1% |
| Others | 12.6 | 8.9 | 12.3 | N/A | -1.2% |
| Total | 3,036 | 2,203 | 12.3 | 1,100 | -28.7% |
Top Export Markets for Hot-Rolled Steel Products from Myanmar in 2022:
- Japan (333.9 tons)
- United States (9.9 tons)
- Hong Kong SAR (7.6 tons)
- India (6.4 tons)
- Indonesia (5.5 tons)
This report provides an in-depth analysis of the hot-rolled steel products 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 24103110 - Flat-rolled products of iron or non-alloy steel, of a width . .600 mm, simply hot-rolled, not clad, plated or coated, in coils
- Prodcom 24103130 - Flat-rolled products of iron or non-alloy steel, of a width . .600 mm, not in coils, simply hot-rolled, not clad, plated or coated, w ith patterns in relief directly due to the rolling process and products of a thickness < 4,75 mm, without patterns in relief
- Prodcom 24103150 - Flat-rolled products, of iron or non-alloy steel, of a width . .600 mm (excluding
- Prodcom 24103210 - Flat-rolled products of iron or non-alloy steel, simply hot-rolled on four faces or in a closed box pass, not clad, plated or coated, of a width of > .150 mm but < .600 mm and a thickness of . 4 mm, not in coils, without patterns in relief, commonly
- Prodcom 24103230 - Flat-rolled products of iron or non-alloy steel, of a width < .600 mm, simply hot-rolled, not clad, plated or coated (excluding
- Prodcom 24103330 - Plates and sheets produced by cutting from hot-rolled wide strip of a width of .600 mm or more, of stainless steel
- Prodcom 24103340 - Plates and sheets produced on a reversing mill (quarto) of a width of .600 mm or more and wide flats, of stainless steel
- Prodcom 241033Z0 - Hot-rolled flat products in coil of a width . .600 mm, of stainless steel
- Prodcom 241034Z0 - Hot-rolled flat products in coil of a width < .600 mm, of stainless steel
- Prodcom 24103510 - Flat-rolled products, of tool steel or alloy steel other than stainless steel, of a width . .600 mm, not further worked than hot-rolled, in coils (excluding products of high-speed or siliconelectrical steel)
- Prodcom 24103520 - Flat-rolled products of high-speed steel, of a width . .600 mm, h ot-rolled or cold-rolled
- Prodcom 24103530 - Flat-rolled products, of tool steel or alloy steel other than stainless steel, of a width . .600 mm, not further worked than hot-rolled, not in coils (excluding organic coated products, p roducts of a thickness < 4,75 mm and products of high-
- Prodcom 24103540 - Flat-rolled products of alloy steel other than stainless, of a width . .600 mm, not further worked than hot-rolled, not in coils, of a thickness of < 4,75 mm (excluding products of tool steel, high-speed steel or silicon-electrical steel)
- Prodcom 24103600 - Flat-rolled products of alloy steel other than stainless, of a width of < .600 mm, not further worked than hot-rolled (excluding products of high-speed steel or silicon-electrical steel)
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
323
This report provides an in-depth analysis of the hot-rolled steel products market in Myanmar.
18
This report provides an in-depth analysis of the flat-rolled steel coils market in Myanmar.
18
This report provides an in-depth analysis of the market for flat hot-rolled steel coils in Myanmar.
2328
This report provides an in-depth analysis of the global hot-rolled steel products market.
40
This report provides an in-depth analysis of the global flat-rolled steel coils market.
42
This report provides an in-depth analysis of the global market for flat hot-rolled steel coils.
571
Global Hot-Rolled Plate Or Sheet Market Report 2018. This report provides an in-depth analysis of the global market for hot-rolled plate or sheet.
323
This report provides an in-depth analysis of the hot-rolled steel products market in Myanmar.
18
This report provides an in-depth analysis of the flat-rolled steel coils market in Myanmar.
18
This report provides an in-depth analysis of the market for flat hot-rolled steel coils in Myanmar.
307
Explore the top import markets for hot-rolled steel products and discover key statistics on global trade. Learn about the leading countries in this market and their strong demand for steel.
1344
In value terms, metal-rolling mills and rolls therefor imports totaled $X in 2016. Overall, metal-rolling mills and rolls therefor imports continue to indicate a deep slump. In that year, global me...
978
In value terms, metal-rolling mills and rolls therefor exports stood at $X in 2016. Overall, metal-rolling mills and rolls therefor exports continue to indicate a drastic deduction. In that year, g...
1880
In 2016, approx. X tons of hot-rolled steel were imported worldwide- moving up by X% against the previous year level. Overall, hot-rolled steel imports continue to indicate a relatively flat tren...
1178
In 2016, approx. X tons of hot-rolled steel were imported worldwide- moving up by X% against the previous year level. Overall, hot-rolled steel imports continue to indicate a relatively flat tren...
84
Explore the top 10 countries by import value of flat-rolled steel coils in 2023. Learn about the key players in the global market for steel coils.
307
Explore the top import markets for hot-rolled steel products and discover key statistics on global trade. Learn about the leading countries in this market and their strong demand for steel.
1344
In value terms, metal-rolling mills and rolls therefor imports totaled $X in 2016. Overall, metal-rolling mills and rolls therefor imports continue to indicate a deep slump. In that year, global me...
978
In value terms, metal-rolling mills and rolls therefor exports stood at $X in 2016. Overall, metal-rolling mills and rolls therefor exports continue to indicate a drastic deduction. In that year, g...
1880
In 2016, approx. X tons of hot-rolled steel were imported worldwide- moving up by X% against the previous year level. Overall, hot-rolled steel imports continue to indicate a relatively flat tren...
