Price for Aluminium; Alloys, Hollow Profiles in Myanmar - 2022
Contents:
- Price for Aluminium; Alloys, Hollow Profiles in Myanmar (CIF) - 2022
- Price for Aluminium; Alloys, Hollow Profiles in Myanmar (FOB) - 2022
- Imports of Aluminium; Alloys, Hollow Profiles in Myanmar
- Exports of Aluminium; Alloys, Hollow Profiles in Myanmar
Price for Aluminium; Alloys, Hollow Profiles in Myanmar (CIF) - 2022
The average aluminium; alloys, hollow profiles import price stood at $2,811 per ton in December 2022, with an increase of 9.8% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in August 2022 an increase of 56% m-o-m. Over the period under review, average import prices reached the peak figure at $3,108 per ton in December 2021; however, from January 2022 to December 2022, import prices stood at a somewhat 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 -0.8% per month.
Price for Aluminium; Alloys, Hollow Profiles in Myanmar (FOB) - 2022
The average aluminium; alloys, hollow profiles export price stood at $7,497 per ton in 2020, jumping by 20% against the previous year. Over the last one years, it increased at an average annual rate of +19.9%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Thailand.
From 2019 to 2020, the rate of growth in terms of prices for Thailand amounted to +19.9% per year.
Imports of Aluminium; Alloys, Hollow Profiles in Myanmar
Aluminium; alloys, hollow profiles imports into Myanmar surged to 1.8K tons in 2022, with an increase of 40% compared with the previous year's figure. In general, imports, however, continue to indicate a abrupt decline.
In value terms, aluminium; alloys, hollow profiles imports surged to $4.8M in 2022. Over the period under review, imports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 23%. As a result, imports attained the peak of $6.9M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Aluminium; Alloys, Hollow Profiles in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.3 | 6.5 | 3.7 | 4.4 | -6.0% |
| Taiwan (Chinese) | 0.2 | 0.3 | 0.3 | 0.2 | 0.0% |
| Thailand | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.2 | 0.1 | 0.1 | N/A | -29.3% |
| Total | 5.6 | 6.9 | 4.0 | 4.8 | -5.0% |
Top Suppliers of Aluminium; Alloys, Hollow Profiles to Myanmar in 2022:
- China (1615.2 tons)
- Taiwan (Chinese) (86.3 tons)
- Thailand (65.8 tons)
Exports of Aluminium; Alloys, Hollow Profiles in Myanmar
In 2020, the amount of aluminium; alloys, hollow profileses exported from Myanmar contracted notably to 2 tons, reducing by -67% on 2019 figures. In general, exports showed a dramatic downturn.
In value terms, aluminium; alloys, hollow profiles exports reduced dramatically to $15K in 2020. Overall, exports saw a sharp slump.
| Export of Aluminium; Alloys, Hollow Profiles in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Thailand | 37.5 | 14.8 | -60.5% | ||
| Others | N/A | N/A | 0% | ||
| Total | 37.5 | 14.8 | -60.5% | ||
Top Export Markets for Aluminium; Alloys, Hollow Profiles from Myanmar in 2022:
- Thailand (2.0 tons)
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