Price for Steel, Alloy; Semi-Finished Products in Myanmar - 2022
Contents:
- Price for Steel, Alloy; Semi-Finished Products in Myanmar (CIF) - 2022
- Imports of Steel, Alloy; Semi-Finished Products in Myanmar
Price for Steel, Alloy; Semi-Finished Products in Myanmar (CIF) - 2022
The average steel, alloy; semi-finished products import price stood at $799 per ton in 2022, dropping by -15.6% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 78% against the previous year. As a result, import price attained the peak level of $1,397 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Singapore ($804 per ton), while the price for Thailand amounted to $691 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (-0.9%).
Imports of Steel, Alloy; Semi-Finished Products in Myanmar
In 2022, after two years of decline, there was significant growth in purchases abroad of steel, alloy; semi-finished productses, when their volume increased by 33% to 27 tons. Overall, imports, however, saw a abrupt shrinkage.
In value terms, steel, alloy; semi-finished products imports rose notably to $22K in 2022. In general, imports, however, recorded a precipitous curtailment.
| Import of Steel, Alloy; Semi-Finished Products in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 43.0 | 23.3 | 18.9 | 20.8 | -21.5% |
| Thailand | 2.9 | 0.9 | 0.6 | 1.1 | -27.6% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 46.0 | 24.2 | 19.5 | 21.9 | -21.9% |
Top Suppliers of Steel, Alloy; Semi-Finished Products to Myanmar in 2022:
- Singapore (25.8 tons)
- Thailand (1.5 tons)
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