Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Myanmar - 2023
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Myanmar (CIF) - 2022
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Myanmar
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Myanmar (CIF) - 2022
In 2022, the average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $1,919 per ton, standing approx. at the previous year. Overall, the import price showed a abrupt setback. The growth pace was the most rapid in 2020 an increase of 65%. Over the period under review, average import prices hit record highs at $5,819 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($2,083 per ton), while the price for China stood at $1,917 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (-1.9%), while the prices for the other major suppliers experienced a decline.
Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Myanmar
In 2022, overseas purchases of steel, stainless; semi-finished products, other than of rectangular cross-sectia were finally on the rise to reach 11 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a dramatic contraction.
In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia rose sharply to $21K in 2022. Overall, imports, however, recorded a precipitous descent.
Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Myanmar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 122 | 27.0 | 6.3 | 20.9 | -44.5% |
Malaysia | 8.0 | 3.2 | 0.5 | 0.3 | -66.5% |
Japan | 2.1 | 2.1 | 0.9 | N/A | -34.5% |
Thailand | 0.5 | 0.5 | 8.1 | N/A | 302.5% |
Others | 10.0 | 52.0 | 3.2 | N/A | -43.4% |
Total | 143 | 85.0 | 19.0 | 21.1 | -47.2% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Myanmar in 2022:
- China (10.9 tons)
- Malaysia (0.1 tons)
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Myanmar.
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
Explore the top import markets for raw steel and steel semi-finished products worldwide. Get key statistics and insights from the IndexBox market intelligence platform.
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