Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Myanmar - 2023

Contents:

  1. Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Myanmar (FOB) - 2022
  2. Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Myanmar

Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Myanmar (FOB) - 2022

The average export price for aluminium; alloys, bars, rods and profiles, other than hollows stood at $4,270 per ton in 2022, jumping by 122% against the previous year. Overall, the export price recorded a significant expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 11,098% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Taiwan (Chinese).

From 2019 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +31.0% per year.

Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Myanmar

In 2022, shipments abroad of aluminium; alloys, bars, rods and profiles, other than hollows decreased by -28.2% to 51 tons, falling for the second year in a row after two years of growth. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 113,113% against the previous year. As a result, the exports reached the peak of 102 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of aluminium; alloys, bars, rods and profiles, other than hollows soared to $219K in 2022. Over the period under review, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 12,677,650%. As a result, the exports attained the peak of $254K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)N/A254111219-7.1%
ChinaN/AN/A27.0N/A0%
OthersN/AN/AN/AN/A0%
TotalN/A254138219-7.1%

Top Export Markets for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow from Myanmar in 2022:

  1. Taiwan (Chinese) (51.4 tons)

Source: IndexBox Market Intelligence Platform

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