Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Myanmar - 2022

Contents:

1. Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Myanmar (CIF) - 2022
2. Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Myanmar (FOB) - 2022
3. Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Myanmar
4. Exports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Myanmar

Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Myanmar (CIF) - 2022

The average import price for copper; cast, moulded, stamped or forged, but not further worked stood at $1,330 per ton in 2022, reducing by -12% against the previous year. Overall, the import price showed a abrupt curtailment. The growth pace was the most rapid in 2021 an increase of 8.5% against the previous year. Over the period under review, average import prices attained the maximum at $7,143 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -19.7% per year.

Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Myanmar (FOB) - 2022

The average export price for copper; cast, moulded, stamped or forged, but not further worked stood at $922 per ton in 2022, falling by -90.7% against the previous year. In general, the export price saw a dramatic contraction. The most prominent rate of growth was recorded in 2016 when the average export price decreased by -9.1%. The export price peaked at $15,000 per ton in 2015; however, from 2016 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 France.

From 2015 to 2022, the rate of growth in terms of prices for France amounted to -31.5% per year.

Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Myanmar

In 2022, overseas purchases of copper; cast, moulded, stamped or forged, but not further worked decreased by -74.5% to 31 tons, falling for the second year in a row after two years of growth. Over the period under review, imports faced a dramatic decline. The most prominent rate of growth was recorded in 2020 with an increase of 6.2%. As a result, imports attained the peak of 716 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of copper; cast, moulded, stamped or forged, but not further worked reduced markedly to $41K in 2022. Overall, imports recorded a dramatic slump. The most prominent rate of growth was recorded in 2020 with an increase of 7.8% against the previous year. As a result, imports attained the peak of $997K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked to Myanmar in 2022:

1. China (30.8 tons)

Exports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Myanmar

In 2022, approx. 6.2 tons of copper; cast, moulded, stamped or forged, but not further worked were exported from Myanmar; picking up by 435% compared with 2021 figures. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of copper; cast, moulded, stamped or forged, but not further worked declined rapidly to $5.7K in 2022. Over the period under review, exports, however, showed a dramatic descent.

Top Export Markets for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked from Myanmar in 2022:

1. France (6.2 tons)

Source: IndexBox Market Intelligence Platform