Price for Nickel; Tubes and Pipes, of Nickel Alloys in Myanmar - 2023

Contents:

  1. Price for Nickel; Tubes and Pipes, of Nickel Alloys in Myanmar (CIF) - 2022
  2. Imports of Nickel; Tubes and Pipes, of Nickel Alloys in Myanmar

Price for Nickel; Tubes and Pipes, of Nickel Alloys in Myanmar (CIF) - 2022

The average import price for nickel; tubes and pipes, of nickel alloyses stood at $38,956 per ton in 2022, surging by 33% against the previous year. Overall, the import price enjoyed a significant expansion. The growth pace was the most rapid in 2014 when the average import price increased by 840% against the previous year. As a result, import price reached the peak level of $54,783 per ton. From 2015 to 2022, the average import prices remained 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 Singapore ($135,683 per ton), while the price for Thailand totaled $21,020 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+67.0%).

Imports of Nickel; Tubes and Pipes, of Nickel Alloys in Myanmar

In 2022, imports of nickel; tubes and pipes, of nickel alloyses into Myanmar contracted sharply to 927 kg, waning by -48.2% on the previous year. Overall, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 4,485% against the previous year. As a result, imports reached the peak of 1.8 tons, and then reduced markedly in the following year.

In value terms, imports of nickel; tubes and pipes, of nickel alloyses reduced rapidly to $36K in 2022. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 5,047% against the previous year. As a result, imports attained the peak of $52K, and then dropped significantly in the following year.

Import of Nickel; Tubes and Pipes, of Nickel Alloys in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore1.01.0N/A19.7170.1%
Thailand1.6N/A52.416.4117.2%
China2.9N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total5.51.052.436.187.2%

Top Suppliers of Nickel; Tubes and Pipes, of Nickel Alloys to Myanmar in 2022:

  1. Thailand (782.0 kg)
  2. Singapore (145.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Nickel; tubes and pipes, of nickel alloys - Myanmar