
Myanmar - Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm - Market Analysis, Forecast, Size, Trends and Insights
Myanmar: Market for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm 2022
Market Size for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm in Myanmar
In 2021, the Myanmar's market for aluminium alloy plates, sheets and strip of thickness over X mm increased by X% to $X for the first time since 2014, thus ending a six-year declining trend. Over the period under review, consumption showed a buoyant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
Exports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm
Exports from Myanmar
In 2021, overseas shipments of aluminium alloy plates, sheets and strip of thickness over X mm decreased by -X% to X tons, falling for the third year in a row after two years of growth. Over the period under review, exports saw a sharp decrease. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.
In value terms, exports of aluminium alloy plates, sheets and strip of thickness over X mm fell markedly to $X in 2021. Overall, exports showed a dramatic downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.
Exports by Country
Indonesia (X tons) was the main destination for exports of aluminium alloy plates, sheets and strip of thickness over X mm from Myanmar, with a approx. X% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to Indonesia stood at -X%.
In value terms, Indonesia ($X) also remains the key foreign market for aluminium alloy plate, sheet and strip of thickness over X mm exports from Myanmar.
From 2012 to 2021, the average annual rate of growth in terms of value to Indonesia totaled -X%.
Export Prices by Country
The average export price for aluminium alloy plates, sheets and strip of thickness over X mm stood at $X per ton in 2021, reducing by -X% against the previous year. Overall, the export price faced a precipitous contraction. The pace of growth appeared the most rapid in 2019 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Indonesia.
From 2012 to 2021, the rate of growth in terms of prices for Indonesia amounted to -X% per year.
Imports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm
Imports into Myanmar
In 2021, imports of aluminium alloy plates, sheets and strip of thickness over X mm into Myanmar surged to X tons, increasing by X% on 2020. Overall, imports continue to indicate buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of aluminium alloy plates, sheets and strip of thickness over X mm soared to $X in 2021. Over the period under review, imports posted a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2021, China (X tons) constituted the largest aluminium alloy plate, sheet and strip of thickness over X mm supplier to Myanmar, accounting for a X% share of total imports. Moreover, imports of aluminium alloy plates, sheets and strip of thickness over X mm from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), fivefold.
From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +X%.
In value terms, China ($X) constituted the largest supplier of aluminium alloy plate, sheet and strip of thickness over X mm to Myanmar, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with a X% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +X%.
Import Prices by Country
In 2021, the average import price for aluminium alloy plates, sheets and strip of thickness over X mm amounted to $X per ton, surging by X% against the previous year. In general, import price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was South Korea ($X per ton), while the price for China amounted to $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%).
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in Myanmar. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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