Price for Zinc; Plates, Sheets, Strip and Foil in Myanmar - 2023

Price for Zinc; Plates, Sheets, Strip and Foil in Myanmar (CIF) - 2022

In 2022, the average import price for zinc; plates, sheets, strip and foils amounted to $792 per ton, remaining relatively unchanged against the previous year. Overall, the import price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when the average import price increased by 45% against the previous year. The import price peaked at $2,937 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -10.9% per year.

Imports of Zinc; Plates, Sheets, Strip and Foil in Myanmar

In 2022, overseas purchases of zinc; plates, sheets, strip and foils decreased by 0% to 2.6 tons, falling for the second year in a row after two years of growth. Overall, imports faced a sharp slump. The most prominent rate of growth was recorded in 2020 with an increase of 142% against the previous year. As a result, imports reached the peak of 73 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of zinc; plates, sheets, strip and foils stood at $2.1K in 2022. In general, imports continue to indicate a dramatic shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 51% against the previous year. As a result, imports attained the peak of $39K. From 2021 to 2022, the growth of imports of failed to regain momentum.