Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Myanmar - 2023

Contents:

1. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Myanmar (CIF) - 2022
2. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Myanmar (FOB) - 2022
3. Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Myanmar
4. Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Myanmar

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Myanmar (CIF) - 2022

In 2022, the average import price for tubes, pipes and hollow profiles, of cast iron amounted to $724 per ton, growing by 20% against the previous year. In general, the import price, however, saw a deep slump. The pace of growth appeared the most rapid in 2018 when the average import price increased by 31%. The import price peaked at $1,491 per ton in 2012; however, from 2013 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 Malaysia ($1,027 per ton), while the price for China ($452 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (-3.8%), while the prices for the other major suppliers experienced a decline.

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Myanmar (FOB) - 2022

The average export price for tubes, pipes and hollow profiles, of cast iron stood at $960 per ton in 2022, almost unchanged from the previous year. In general, the export price enjoyed a strong increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 567% against the previous year. Over the period under review, the average export prices attained the peak figure at $6,496 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($11,000 per ton), while the average price for exports to Cambodia ($766 per ton) was amongst the lowest.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+88.7%), while the prices for the other major destinations experienced a decline.

Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Myanmar

In 2022, approx. 1.8K tons of tubes, pipes and hollow profiles, of cast iron were imported into Myanmar; shrinking by -88.5% on 2021 figures. Over the period under review, imports recorded a sharp slump. The smallest decline of -18.2% was in 2020.

In value terms, imports of tubes, pipes and hollow profiles, of cast iron declined markedly to $1.3M in 2022. In general, imports saw a dramatic contraction. The smallest decline of -18.5% was in 2020.

Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to Myanmar in 2022:

1. Vietnam (1108.8 tons)
2. China (363.6 tons)
3. Japan (298.7 tons)
4. Malaysia (35.4 tons)
5. Thailand (31.4 tons)

Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Myanmar

After two years of decline, shipments abroad of tubes, pipes and hollow profiles, of cast iron decreased by 0% to 501 kg in 2022. Overall, exports saw a precipitous setback. The smallest decline of 99.9% was in 2020.

In value terms, exports of tubes, pipes and hollow profiles, of cast iron totaled $479 in 2022. In general, exports continue to indicate a sharp slump. The smallest decline of 99.9% was in 2020.

Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from Myanmar in 2022:

1. Indonesia (435.0 kg)
2. Cambodia (64.0 kg)

Source: IndexBox Market Intelligence Platform