Price for Powders of Pig Iron in Myanmar - 2022
Contents:
- Price for Powders of Pig Iron in Myanmar (CIF) - 2022
- Price for Powders of Pig Iron in Myanmar (FOB) - 2022
- Imports of Powders of Pig Iron in Myanmar
- Exports of Powders of Pig Iron in Myanmar
Price for Powders of Pig Iron in Myanmar (CIF) - 2022
In 2022, the average powders of pig iron import price amounted to $862 per ton, picking up by 20% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 98% against the previous year. The import price peaked at $1,291 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($4,123 per ton), while the price for Indonesia ($92 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Powders of Pig Iron in Myanmar (FOB) - 2022
In 2020, the average powders of pig iron export price amounted to $550 per ton, surging by 73% against the previous year. Over the period under review, the export price recorded a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Thailand.
From 2013 to 2020, the rate of growth in terms of prices for Thailand amounted to -75.0% per year.
Imports of Powders of Pig Iron in Myanmar
In 2022, the amount of powders of pig ira imported into Myanmar totaled 192 tons, remaining constant against the previous year's figure. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 87% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, powders of pig iron imports soared to $165K in 2022. Over the period under review, imports saw a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 271%. As a result, imports attained the peak of $192K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Powders of Pig Iron in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 1.0 | 94.7 | 76.2 | 93.3 | 353.6% |
| Vietnam | 18.6 | 27.6 | 23.7 | 30.9 | 18.4% |
| China | 16.8 | 52.3 | 31.6 | 25.9 | 15.5% |
| Thailand | 9.9 | 11.2 | 1.2 | 8.5 | -5.0% |
| Indonesia | 1.4 | 1.9 | 1.5 | 1.9 | 10.7% |
| Others | 4.3 | 4.6 | 3.8 | 4.6 | 2.3% |
| Total | 51.9 | 192 | 138 | 165 | 47.0% |
Top Suppliers of Powders of Pig Iron to Myanmar in 2022:
- Vietnam (68.4 tons)
- China (54.7 tons)
- Taiwan (Chinese) (32.9 tons)
- Indonesia (20.5 tons)
- Thailand (11.1 tons)
Exports of Powders of Pig Iron in Myanmar
In 2020, approx. 2 tons of powders of pig ira were exported from Myanmar; which is down by -93.7% compared with the previous year. Over the period under review, exports faced a dramatic decrease.
In value terms, powders of pig iron exports reduced rapidly to $1.1K in 2020. Overall, exports faced a significant decline.
| Export of Powders of Pig Iron in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Thailand | N/A | 1.1 | 0% | ||
| Vietnam | 10.0 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 10.0 | 1.1 | -89.0% | ||
Top Export Markets for Powders of Pig Iron from Myanmar in 2022:
- Thailand (2.0 tons)
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This report provides an in-depth analysis of the pig iron articles market in Myanmar.
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This report provides an in-depth analysis of the global pig iron articles market.
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This report provides an in-depth analysis of the pig iron articles market in Myanmar.
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This report provides an in-depth analysis of the global pig iron articles market.
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In value terms, granules and powders of pig iron, spiegeleisen, iron and steel imports totaled $X in 2016. Overall, granules and powders of pig iron, spiegeleisen, iron and steel imports continue t...
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