Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Myanmar - 2022
Contents:
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Myanmar (CIF) - 2022
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Myanmar (FOB) - 2022
- Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Myanmar
- Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Myanmar
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Myanmar (CIF) - 2022
In 2022, the average import price for iron or steel; non-threaded cotters and cotter-pinses amounted to $1,041 per ton, declining by -69.6% against the previous year. In general, the import price saw a pronounced reduction. The pace of growth appeared the most rapid in 2013 when the average import price increased by 147%. The import price peaked at $5,032 per ton in 2014; however, from 2015 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 China ($1,164 per ton), while the price for Thailand amounted to $337 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-6.2%).
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Myanmar (FOB) - 2022
The average export price for iron or steel; non-threaded cotters and cotter-pinses stood at $223 per ton in 2022, waning by -51.6% against the previous year. In general, the export price recorded a dramatic contraction. The most prominent rate of growth was recorded in 2021 an increase of 110% against the previous year. The export price peaked at $26,756 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($256 per ton), while the average price for exports to Singapore ($161 per ton) was amongst the lowest.
From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (-69.9%).
Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Myanmar
Imports of iron or steel; non-threaded cotters and cotter-pinses into Myanmar soared to 92 tons in 2022, rising by 340% against the previous year's figure. Overall, imports saw a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses surged to $96K in 2022. In general, imports, however, continue to indicate a abrupt decrease.
| Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 44.9 | 73.1 | 14.4 | 62.6 | 11.7% |
| Thailand | 16.0 | 5.2 | 2.2 | 12.9 | -6.9% |
| Others | 74.9 | 45.6 | 55.2 | 20.6 | -35.0% |
| Total | 136 | 124 | 71.8 | 96.1 | -10.9% |
Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to Myanmar in 2022:
- China (53.8 tons)
- Thailand (38.2 tons)
Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Myanmar
Exports of iron or steel; non-threaded cotters and cotter-pinses from Myanmar soared to 27 tons in 2022, increasing by 209,938% against the previous year's figure. Over the period under review, exports, however, continue to indicate a precipitous decline.
In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses surged to $6.1K in 2022. Overall, exports, however, faced a dramatic curtailment.
| Export of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Germany | N/A | N/A | 4.7 | 0% | |
| China | 0.7 | N/A | 0.9 | 13.4% | |
| Singapore | N/A | N/A | 0.4 | 0% | |
| Thailand | 0.2 | N/A | 0.2 | 0.0% | |
| Vietnam | 11.3 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 12.2 | N/A | 6.1 | -29.3% | |
Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from Myanmar in 2022:
- Germany (18.2 tons)
- China (5.7 tons)
- Singapore (2.2 tons)
- Thailand (1.0 tons)
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