Myanmar - Angles, Shapes And Sections (Of Iron Or Non-Alloy Steel) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIron Angle Price in Myanmar - 2022
Contents:
- Iron Angle Price in Myanmar (CIF) - 2022
- Iron Angle Price in Myanmar (FOB) - 2022
- Iron Angle Imports in Myanmar
- Iron Angle Exports in Myanmar
Iron Angle Price in Myanmar (CIF) - 2022
In December 2022, the average iron angle import price amounted to $657 per ton, leveling off at the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in July 2022 when the average import price increased by 48% against the previous month. As a result, import price attained the peak level of $958 per ton. From August 2022 to December 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2021 to December 2022, the rate of growth in terms of prices for China amounted to +1.3% per month.
Iron Angle Price in Myanmar (FOB) - 2022
The average iron angle export price stood at $1,029 per ton in 2022, shrinking by -44% against the previous year. Over the period under review, the export price, however, saw noticeable growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 59% against the previous year. The export price peaked at $1,838 per ton in 2021, and then fell significantly in the following year.
As there is only one major export destination, the average price level is determined by prices for Taiwan (Chinese).
From 2013 to 2022, the rate of growth in terms of prices for Japan amounted to +25.8% per year.
Iron Angle Imports in Myanmar
In 2022, imports of angles, shapes and sections (of iron or non-alloy steel) into Myanmar skyrocketed to 113K tons, picking up by 63% compared with the year before. Over the period under review, imports, however, recorded a precipitous decline.
In value terms, iron angle imports skyrocketed to $77M in 2022. Overall, imports, however, continue to indicate a deep setback.
| Import of Iron Angle in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 88.7 | 118 | 24.7 | 75.2 | -5.4% |
| Thailand | 2.1 | 3.5 | 1.9 | 0.9 | -24.6% |
| South Korea | 5.1 | 8.1 | 4.9 | N/A | -2.0% |
| Malaysia | 8.7 | 5.7 | N/A | N/A | -34.5% |
| Singapore | 4.3 | 5.2 | 3.0 | N/A | -16.5% |
| Others | 4.9 | 5.6 | 3.6 | 0.7 | -47.7% |
| Total | 114 | 146 | 38.1 | 76.8 | -12.3% |
Top Suppliers of Iron Angle to Myanmar in 2022:
- South Korea (undefinedK tons)
- China (111.4K tons)
- Thailand (1.0K tons)
Iron Angle Exports in Myanmar
In 2022, overseas shipments of angles, shapes and sections (of iron or non-alloy steel) decreased by -35.5% to 77 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 2,632% against the previous year. As a result, the exports attained the peak of 220 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, iron angle exports reduced dramatically to $79K in 2022. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 4,250% against the previous year. As a result, the exports reached the peak of $280K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Iron Angle in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | N/A | N/A | 38.3 | 79.5 | 107.6% |
| Japan | N/A | 248 | 182 | N/A | -26.6% |
| Vietnam | N/A | 31.9 | N/A | N/A | 0% |
| India | 6.4 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.4 | 280 | 220 | 79.5 | 131.6% |
Top Export Markets for Iron Angle from Myanmar in 2022:
- Taiwan (Chinese) (77.2 tons)
This report provides an in-depth analysis of the iron angle 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 24107110 - U-sections of a web height of .80 mm or more (of non-alloy steel)
- Prodcom 24107120 - I-sections of a web height of .80 mm or more (of non-alloy steel)
- Prodcom 24107130 - H-sections of a web height of .80 mm or more (of non-alloy steel)
- Prodcom 24107140 - Other open sections, not further worked than hot-rolled, hotdrawn or extruded, of non-alloy 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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
648
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Discover the top import markets for iron angle and their key statistics. Learn about the demand, import values, and growth potential in these countries. Explore the opportunities for exporters in the global iron angle market.
972
In 2016, the amount of iron angle imported worldwide totaled X tons, remaining stable against the previous year level. In general, iron angle imports continue to indicate a mild drop. The pace of ...
1376
In 2016, the amount of iron angle imported worldwide totaled X tons, remaining stable against the previous year level. In general, iron angle imports continue to indicate a mild drop. The pace of ...
1769
Despite some negative dynamics in exports, Spain was able to hold on as the leader in the global iron angles, shapes and sections trade. In 2014, Spain exported X million tons of iron angles, shapes and sections totaling X billion USD, which was
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The global non-alloy steel h-sections market revenue amounted to $17.9B in 2018, rising by 11% against the previous...
202
Discover the top import markets for iron angle and their key statistics. Learn about the demand, import values, and growth potential in these countries. Explore the opportunities for exporters in the global iron angle market.
972
In 2016, the amount of iron angle imported worldwide totaled X tons, remaining stable against the previous year level. In general, iron angle imports continue to indicate a mild drop. The pace of ...
1376
In 2016, the amount of iron angle imported worldwide totaled X tons, remaining stable against the previous year level. In general, iron angle imports continue to indicate a mild drop. The pace of ...
1769
Despite some negative dynamics in exports, Spain was able to hold on as the leader in the global iron angles, shapes and sections trade. In 2014, Spain exported X million tons of iron angles, shapes and sections totaling X billion USD, which was
529
The global non-alloy steel h-sections market revenue amounted to $17.9B in 2018, rising by 11% against the previous...
