Price for Copper Oxides and Hydroxides in Myanmar - 2022
Contents:
- Price for Copper Oxides and Hydroxides in Myanmar (CIF) - 2022
- Imports of Copper Oxides and Hydroxides in Myanmar
Price for Copper Oxides and Hydroxides in Myanmar (CIF) - 2022
The average copper oxides and hydroxides import price stood at $10,058 per ton in 2022, surging by 2.2% against the previous year. Over the period under review, the import price showed tangible growth. The growth pace was the most rapid in 2020 when the average import price increased by 46%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($10,650 per ton), while the price for Norway stood at $9,424 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Copper Oxides and Hydroxides in Myanmar
After two years of decline, supplies from abroad of copper oxides and hydroxideses increased by 61% to 29 tons in 2022. Overall, imports, however, showed a abrupt descent.
In value terms, copper oxides and hydroxides imports surged to $292K in 2022. In general, total imports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +4.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -0.2% against 2020 indices.
| Import of Copper Oxides and Hydroxides in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 133 | 233 | 148 | 160 | 6.4% |
| Norway | 35.4 | 43.6 | 28.9 | 132 | 55.1% |
| Bulgaria | 14.9 | 15.3 | N/A | N/A | 2.7% |
| Thailand | 31.3 | N/A | 0.3 | N/A | -90.2% |
| Malaysia | 28.1 | N/A | N/A | N/A | 0% |
| Others | 12.8 | N/A | N/A | N/A | 0% |
| Total | 256 | 292 | 177 | 292 | 4.5% |
Top Suppliers of Copper Oxides and Hydroxides to Myanmar in 2022:
- United States (15.0 tons)
- Norway (14.0 tons)
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