Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Myanmar - 2023
Contents:
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Myanmar (CIF) - 2022
- Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Myanmar
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Myanmar (CIF) - 2022
The average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $5,830 per ton in 2022, surging by 142% against the previous year. Overall, the import price, however, showed a abrupt decline. Over the period under review, average import prices attained the peak figure at $9,811 per ton in 2012; however, from 2013 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 ($23,785 per ton), while the price for Japan amounted to $4,905 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+2,044.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Myanmar
In 2022, supplies from abroad of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia decreased by -93.6% to 4.1 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a dramatic decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 171%. As a result, imports attained the peak of 116 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia fell dramatically to $24K in 2022. Overall, imports continue to indicate a significant decline. The most prominent rate of growth was recorded in 2020 when imports increased by 361%. As a result, imports reached the peak of $513K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 69.5 | 1.0 | N/A | 19.0 | -35.1% |
| Thailand | 7.5 | 27.4 | N/A | 4.8 | -13.8% |
| China | 4.5 | 464 | 151 | N/A | 479.3% |
| United Arab Emirates | 15.7 | N/A | N/A | N/A | 0% |
| Others | 14.0 | 20.2 | 2.7 | N/A | -56.1% |
| Total | 111 | 513 | 154 | 23.8 | -40.1% |
Top Suppliers of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section to Myanmar in 2022:
- Japan (3.9 tons)
- Thailand (0.2 tons)
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