Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Myanmar - 2023

Contents:

  1. Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Myanmar (CIF) - 2022
  2. Imports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Myanmar

Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Myanmar (CIF) - 2022

In 2022, the average import price for metal-rolling mills; hot or combination hot and cold rolling millses amounted to $1,027 per unit, with a decrease of -78% against the previous year. Over the period under review, the import price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 760%. Over the period under review, average import prices attained the peak figure at $4,675 per unit in 2021, and then dropped sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($6,618 per unit), while the price for India ($128 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (-3.3%), while the prices for the other major suppliers experienced a decline.

Imports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Myanmar

After three years of growth, supplies from abroad of metal-rolling mills; hot or combination hot and cold rolling millses decreased by -90.7% to 16 units in 2022. Overall, imports showed a sharp reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 50%. Imports peaked at 172 units in 2021, and then shrank rapidly in the following year.

In value terms, imports of metal-rolling mills; hot or combination hot and cold rolling millses contracted significantly to $16K in 2022. Over the period under review, imports saw a sharp downturn. The growth pace was the most rapid in 2021 when imports increased by 279% against the previous year. As a result, imports attained the peak of $804K, and then shrank significantly in the following year.

Import of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)66.430.547.26.6-53.7%
Vietnam22.631.947.96.5-34.0%
China79.911684.91.5-73.4%
Thailand12.828.122.90.9-58.7%
Singapore4.24.34.70.5-50.8%
India0.71.63.10.4-17.0%
OthersN/AN/A594N/A0%
Total18721280416.4-55.6%

Top Suppliers of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills to Myanmar in 2022:

  1. Vietnam (7.0 units)
  2. India (3.0 units)
  3. China (3.0 units)
  4. Taiwan (Chinese) (1.0 units)
  5. Singapore (1.0 units)
  6. Thailand (1.0 units)

Source: IndexBox Market Intelligence Platform

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