Myanmar - Copper Bars, Wire And Plates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Copper Bars, Wire and Plates in Myanmar - 2022
Contents:
- Price for Copper Bars, Wire and Plates in Myanmar (CIF) - 2022
- Price for Copper Bars, Wire and Plates in Myanmar (FOB) - 2022
- Imports of Copper Bars, Wire and Plates in Myanmar
- Exports of Copper Bars, Wire and Plates in Myanmar
Price for Copper Bars, Wire and Plates in Myanmar (CIF) - 2022
The average import price for copper bars, wire and plates stood at $7,696 per ton in 2022, flattening at the previous year. Over the period under review, the import price, however, continues to indicate a slight slump. The pace of growth was the most pronounced in 2021 an increase of 17% against the previous year. Over the period under review, average import prices reached the peak figure at $9,209 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 South Korea ($9,996 per ton), while the price for India ($3,657 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Bars, Wire and Plates in Myanmar (FOB) - 2022
The average export price for copper bars, wire and plates stood at $8,642 per ton in 2022, rising by 6.1% against the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper bars, wire and plates export price increased by +131.2% against 2017 indices. The most prominent rate of growth was recorded in 2018 an increase of 66% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($10,323 per ton), while the average price for exports to Malaysia ($8,382 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+3.8%), while the prices for the other major destinations experienced a decline.
Imports of Copper Bars, Wire and Plates in Myanmar
In 2022, purchases abroad of copper bars, wire and plates decreased by -6.3% to 1.2K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 46%. As a result, imports attained the peak of 3.2K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, copper bars, wire and plates imports dropped to $8.9M in 2022. In general, imports faced a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 56%. As a result, imports reached the peak of $21M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Copper Bars, Wire and Plates in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 6.9 | 11.5 | 3.8 | 4.1 | -15.9% |
| China | 0.2 | 0.6 | 0.5 | 2.5 | 132.1% |
| Thailand | 0.9 | 1.7 | 1.2 | 0.6 | -12.6% |
| Indonesia | 3.3 | 4.8 | 2.0 | 0.4 | -50.5% |
| Taiwan (Chinese) | 0.1 | 0.3 | 0.4 | 0.3 | 44.2% |
| India | 0.2 | 0.3 | 0.2 | 0.3 | 14.5% |
| Malaysia | 0.6 | 0.6 | 0.6 | 0.3 | -20.6% |
| Turkey | 0.6 | N/A | N/A | N/A | 0% |
| Others | 0.5 | 1.0 | 0.6 | 0.4 | -7.2% |
| Total | 13.3 | 20.7 | 9.4 | 8.9 | -12.5% |
Top Suppliers of Copper Bars, Wire and Plates to Myanmar in 2022:
- Vietnam (431.7 tons)
- China (360.9 tons)
- Thailand (112.5 tons)
- India (71.2 tons)
- Malaysia (51.5 tons)
- Taiwan (Chinese) (43.7 tons)
- Indonesia (40.0 tons)
Exports of Copper Bars, Wire and Plates in Myanmar
In 2022, approx. 175 tons of copper bars, wire and plates were exported from Myanmar; increasing by 99% against 2021 figures. Over the period under review, exports saw buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 105%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, copper bars, wire and plates exports surged to $1.5M in 2022. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 139%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Copper Bars, Wire and Plates in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | N/A | N/A | 422 | 1,288 | 205.2% |
| Japan | 308 | 147 | 120 | 128 | -25.4% |
| Singapore | 263 | 113 | 138 | 50.1 | -42.5% |
| Vietnam | 61.7 | 39.1 | 36.4 | 32.3 | -19.4% |
| Others | 3.6 | 1.5 | 2.7 | 18.2 | 71.6% |
| Total | 636 | 300 | 718 | 1,516 | 33.6% |
Top Export Markets for Copper Bars, Wire and Plates from Myanmar in 2022:
- Malaysia (153.6 tons)
- Japan (14.0 tons)
- Singapore (4.8 tons)
- Vietnam (1.8 tons)
This report provides an in-depth analysis of the market for copper bars, wire and plates 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 24442200 - Copper and copper alloy bars, rods, profiles and hollow profiles (excluding bars and rods obtained by casting or sintering, copper wire rod in coils)
- Prodcom 24442330 - Copper wire, refined (transv. section > 6 mm), of copper alloy
- Prodcom 24442350 - Copper wire with cross-sectional dimension > 0,5 mm, . 6 mm (excluding twine or cord reinforced with wire, stranded wire and cables)
- Prodcom 24442370 - Copper wire with cross-sectional dimension . 0,5 mm (excluding twine or cord reinforced with wire, stranded wire and cables)
- Prodcom 24442400 - Copper and copper alloy plates, sheets and strip of a thickness > 0,15 mm (excluding expanded copper metal, i nsulated electric strip)
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
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This report provides an in-depth analysis of the market for copper bars, wire and plates in Myanmar.
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This report provides an in-depth analysis of the market for copper bar, rod and profile in Myanmar.
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This report provides an in-depth analysis of the global market for copper bars, wire and plates.
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This report provides an in-depth analysis of the global market for copper bar, rod and profile.
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This report provides an in-depth analysis of the market for copper bars, wire and plates in Myanmar.
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This report provides an in-depth analysis of the market for copper bar, rod and profile in Myanmar.
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This report provides an in-depth analysis of the global market for copper bars, wire and plates.
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