Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Myanmar - 2023

Contents:

1. Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Myanmar (CIF) - 2022
2. Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Myanmar (FOB) - 2022
3. Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Myanmar
4. Exports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Myanmar

Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Myanmar (CIF) - 2022

In 2022, the average import price for non-electric iron or steel central heating radiators of cast iron amounted to $2.4 per unit, falling by -41.4% against the previous year. Over the period under review, the import price faced a deep setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by 230% against the previous year. Over the period under review, average import prices hit record highs at $8.2 per unit 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 Thailand ($3.5 per unit), while the price for China amounted to $1.5 per unit.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by China (-11.7%), while the prices for the other major suppliers experienced a decline.

Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Myanmar (FOB) - 2022

In 2022, the average export price for non-electric iron or steel central heating radiators of cast iron amounted to $5.4 per unit, remaining constant against the previous year. In general, the export price enjoyed a prominent expansion. The pace of growth was the most pronounced in 2020 an increase of 99.9% against the previous year. Over the period under review, the average export prices attained the peak figure at $5.9 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for China.

From 2014 to 2022, the rate of growth in terms of prices for India amounted to +276.3% per year.

Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Myanmar

In 2022, approx. 6.3K units of non-electric iron or steel central heating radiators of cast iron were imported into Myanmar; rising by 1,798% against 2021 figures. In general, imports continue to indicate a significant increase. Imports peaked at 27K units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of non-electric iron or steel central heating radiators of cast iron soared to $15K in 2022. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 1,598%. As a result, imports attained the peak of $74K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron to Myanmar in 2022:

1. China (5.4K units)
2. Thailand (0.9K units)

Exports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Myanmar

In 2022, exports of non-electric iron or steel central heating radiators of cast iron from Myanmar surged to 5.4K units, picking up by 77% compared with 2021. Overall, exports saw a relatively flat trend pattern. The exports peaked at 7.8K units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of non-electric iron or steel central heating radiators of cast iron skyrocketed to $29K in 2022. Over the period under review, exports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 188%. As a result, the exports attained the peak of $42K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron from Myanmar in 2022:

1. China (5.4K units)

Source: IndexBox Market Intelligence Platform