Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Myanmar - 2023
Contents:
- Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Myanmar (CIF) - 2022
- Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Myanmar
Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Myanmar (CIF) - 2022
The average import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses stood at $2,797 per ton in 2022, with an increase of 54% against the previous year. Over the period under review, the import price, however, showed a deep setback. The most prominent rate of growth was recorded in 2019 an increase of 104%. Over the period under review, average import prices hit record highs at $14,054 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($3,002 per ton), while the price for China stood at $2,584 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+554.8%), while the prices for the other major suppliers experienced a decline.
Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Myanmar
In 2022, purchases abroad of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses decreased by -52% to 4.1 tons, falling for the second year in a row after two years of growth. In general, imports recorded a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of 295% against the previous year. As a result, imports attained the peak of 25 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses shrank markedly to $12K in 2022. Over the period under review, imports showed a precipitous descent. The most prominent rate of growth was recorded in 2020 when imports increased by 134% against the previous year. As a result, imports attained the peak of $170K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | N/A | 3.6 | 0.2 | 6.3 | 32.3% |
| China | N/A | N/A | 13.8 | 5.2 | -62.3% |
| South Korea | 55.5 | N/A | 1.6 | N/A | -83.0% |
| Germany | N/A | 166 | N/A | N/A | 0% |
| Others | 17.2 | 0.3 | N/A | N/A | -98.3% |
| Total | 72.8 | 170 | 15.6 | 11.5 | -45.9% |
Top Suppliers of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils to Myanmar in 2022:
- Thailand (2.1 tons)
- China (2.0 tons)
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