Price for Chain; Articulated Link, Roller, of Iron or Steel in Myanmar - 2022

Contents:

1. Price for Chain; Articulated Link, Roller, of Iron or Steel in Myanmar (CIF) - 2022
2. Price for Chain; Articulated Link, Roller, of Iron or Steel in Myanmar (FOB) - 2022
3. Imports of Chain; Articulated Link, Roller, of Iron or Steel in Myanmar
4. Exports of Chain; Articulated Link, Roller, of Iron or Steel in Myanmar

Price for Chain; Articulated Link, Roller, of Iron or Steel in Myanmar (CIF) - 2022

In 2022, the average import price for chain; articulated link, roller, of iron or steel amounted to $845 per ton, growing by 6.3% against the previous year. In general, the import price, however, continues to indicate a deep slump. The pace of growth was the most pronounced in 2016 an increase of 36%. The import price peaked at $2,177 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($1,507 per ton), while the price for China totaled $749 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.6%).

Price for Chain; Articulated Link, Roller, of Iron or Steel in Myanmar (FOB) - 2022

The average export price for chain; articulated link, roller, of iron or steel stood at $4,455 per ton in 2022, with a decrease of -95% against the previous year. In general, the export price saw a significant decline. The pace of growth appeared the most rapid in 2021 when the average export price decreased by -94.6%. The export price peaked at $1,645,400 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Vietnam.

From 2020 to 2022, the rate of growth in terms of prices for Thailand amounted to -93.0% per year.

Imports of Chain; Articulated Link, Roller, of Iron or Steel in Myanmar

For the third year in a row, Myanmar recorded decline in purchases abroad of chain; articulated link, roller, of iron or steel, which decreased by -12.8% to 1.9K tons in 2022. In general, imports saw a sharp decrease.

In value terms, imports of chain; articulated link, roller, of iron or steel dropped to $1.6M in 2022. Overall, imports recorded a sharp shrinkage.

Top Suppliers of Chain; Articulated Link, Roller, of Iron or Steel to Myanmar in 2022:

1. China (1769.5 tons)
2. Thailand (125.1 tons)

Exports of Chain; Articulated Link, Roller, of Iron or Steel in Myanmar

In 2022, shipments abroad of chain; articulated link, roller, of iron or steel decreased by -93.9% to 11 kg for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports recorded a significant contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 795%. As a result, the exports attained the peak of 179 kg, and then fell markedly in the following year.

In value terms, exports of chain; articulated link, roller, of iron or steel declined rapidly to $49 in 2022. In general, exports continue to indicate a sharp contraction. The smallest decline of -51.7% was in 2021.

Top Export Markets for Chain; Articulated Link, Roller, of Iron or Steel from Myanmar in 2022:

1. Vietnam (11.0 kg)

Source: IndexBox Market Intelligence Platform