Price for Nickel; Tube and Pipe Fittings in Myanmar - 2022

Contents:

1. Price for Nickel; Tube and Pipe Fittings in Myanmar (CIF) - 2022
2. Imports of Nickel; Tube and Pipe Fittings in Myanmar

Price for Nickel; Tube and Pipe Fittings in Myanmar (CIF) - 2022

The average import price for nickel; tube and pipe fittingses stood at $38,894 per ton in 2022, falling by -9.2% against the previous year. Overall, the import price, however, showed a slight expansion. The growth pace was the most rapid in 2016 an increase of 2,140%. Over the period under review, average import prices hit record highs at $94,250 per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 ($55,754 per ton), while the price for Thailand stood at $12,550 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (-4.0%).

Imports of Nickel; Tube and Pipe Fittings in Myanmar

Nickel; tube and pipe fittings imports into Myanmar skyrocketed to 3.4 tons in 2022, jumping by 4,696% against the year before. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, nickel; tube and pipe fittings imports surged to $131K in 2022. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 14,186%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Nickel; Tube and Pipe Fittings to Myanmar in 2022:

1. China (2.0 tons)
2. Thailand (1.3 tons)

Source: IndexBox Market Intelligence Platform