Price for Copper Alloy Tube or Pipe Fitting in Myanmar - 2023

Contents:

1. Price for Copper Alloy Tube or Pipe Fitting in Myanmar (CIF) - 2022
2. Price for Copper Alloy Tube or Pipe Fitting in Myanmar (FOB) - 2022
3. Imports of Copper Alloy Tube or Pipe Fitting in Myanmar
4. Exports of Copper Alloy Tube or Pipe Fitting in Myanmar

Price for Copper Alloy Tube or Pipe Fitting in Myanmar (CIF) - 2022

In 2022, the average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys amounted to $2,609 per ton, shrinking by -51.8% against the previous year. Overall, the import price faced a abrupt slump. The growth pace was the most rapid in 2021 an increase of 72%. The import price peaked at $8,829 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($13,137 per ton), while the price for China ($1,661 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper Alloy Tube or Pipe Fitting in Myanmar (FOB) - 2022

In 2022, the average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys amounted to $16,000 per ton, approximately reflecting the previous year. In general, the export price saw a slight setback. The pace of growth appeared the most rapid in 2019 an increase of 9.5% against the previous year. The export price peaked at $17,884 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($19,857 per ton), while the average price for exports to Canada ($1,000 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 Malaysia (+74.1%), while the prices for the other major destinations experienced a decline.

Imports of Copper Alloy Tube or Pipe Fitting in Myanmar

In 2022, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys into Myanmar soared to 88 tons, increasing by 180% on the previous year. Over the period under review, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 518%. As a result, imports reached the peak of 194 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys soared to $230K in 2022. In general, imports posted a tangible expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 204% against the previous year. As a result, imports reached the peak of $612K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Copper Alloy Tube or Pipe Fitting to Myanmar in 2022:

1. China (79.4 tons)
2. United Kingdom (2.7 tons)
3. South Korea (2.2 tons)
4. Thailand (1.9 tons)

Exports of Copper Alloy Tube or Pipe Fitting in Myanmar

In 2022, after two years of decline, there was decline in overseas shipments of tube or pipe fittings, couplings, elbows, sleeves of copper alloys, when their volume decreased by 0% to 9 kg. In general, exports saw a significant curtailment. The smallest decline of 99.9% was in 2020.

In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys totaled $144 in 2022. Overall, exports continue to indicate a sharp curtailment. The smallest decline of 99.9% was in 2020.

Top Export Markets for Copper Alloy Tube or Pipe Fitting from Myanmar in 2022:

1. Malaysia (7.0 kg)
2. United States (1.0 kg)
3. Canada (1.0 kg)

Source: IndexBox Market Intelligence Platform