Report Myanmar - Hot-Rolled Bars of High Speed Steel - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Sep 22, 2022

Myanmar - Hot-Rolled Bars of High Speed Steel - Market Analysis, Forecast, Size, Trends and Insights
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Myanmar: Market for Hot-Rolled Bars Of High Speed Steel 2022

Market Size for Hot-Rolled Bars Of High Speed Steel in Myanmar

The Myanmar's market for hot-rolled bars of high speed steel soared to $X in 2021, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Hot-Rolled Bars Of High Speed Steel

Exports from Myanmar

In 2021, overseas shipments of hot-rolled bars of high speed steel decreased by X% to less than X kg for the first time since 2018, thus ending a two-year declining trend. In general, exports continue to indicate a relatively flat trend pattern. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, hot-rolled high speed steel bar exports stood at less than $X in 2021. Over the period under review, exports showed a relatively flat trend pattern. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Malaysia (X tons) was the main destination for hot-rolled high speed steel bar exports from Myanmar, with a approx. X% share of total exports.

From 2012 to 2018, the average annual growth rate of volume to Malaysia was relatively modest.

From 2012 to 2018, the average annual growth rate of value to Malaysia was relatively modest.

Export Prices by Country

In 2018, the average export price for hot-rolled bars of high speed steel amounted to $X per ton, approximately reflecting the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The export price peaked in 2018 and is likely to see gradual growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Malaysia.

From 2012 to 2018, the rate of growth in terms of prices for Malaysia amounted to X% per year.

Imports of Hot-Rolled Bars Of High Speed Steel

Imports into Myanmar

After two years of decline, overseas purchases of hot-rolled bars of high speed steel increased by X% to X tons in 2021. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, hot-rolled high speed steel bar imports soared to $X in 2021. In general, imports, however, recorded a slight setback. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Oman (X tons) was the main supplier of hot-rolled high speed steel bar to Myanmar, with a approx. X% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Oman was relatively modest.

In value terms, Oman ($X) constituted the largest supplier of hot-rolled high speed steel bar to Myanmar.

From 2012 to 2021, the average annual rate of growth in terms of value from Oman was relatively modest.

Import Prices by Country

The average import price for hot-rolled bars of high speed steel stood at $X per ton in 2021, with a decrease of -X% against the previous year. In general, the import price continues to indicate a dramatic shrinkage. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Oman amounted to X% per year.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for hot-rolled bars of high speed steel in the world?
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Russia remains the largest hot-rolled high speed steel bar consuming country worldwide, comprising approx. 88% of total volume. Moreover, hot-rolled high speed steel bar consumption in Russia exceeded the figures recorded by the second-largest consumer, Singapore, more than tenfold.
What are the largest producers of hot-rolled bars of high speed steel in the world?
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The country with the largest volume of hot-rolled high speed steel bar production was Russia, comprising approx. 89% of total volume. Moreover, hot-rolled high speed steel bar production in Russia exceeded the figures recorded by the second-largest producer, Singapore, more than tenfold.
What are the leading suppliers of hot-rolled bars of high speed steel to Myanmar?
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In value terms, Oman constituted the largest supplier of hot-rolled high speed steel bar to Myanmar.
What is the average export price for hot-rolled bars of high speed steel in Myanmar?
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In 2018, the average export price for hot-rolled bars of high speed steel amounted to $3,770 per ton, remaining constant against the previous year.
What is the average import price for hot-rolled bars of high speed steel in Myanmar?
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In 2021, the average import price for hot-rolled bars of high speed steel amounted to $443 per ton, declining by -96.8% against the previous year.

This report provides an in-depth analysis of the market for hot-rolled high speed steel bar 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.


Product coverage:
• Prodcom 24106610 - Hot-rolled bars of high speed steel
Country coverage:
• Myanmar

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Myanmar
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2007-2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2021
Figure 5:
Trade Balance, In Physical Terms, 2007-2021
Figure 6:
Trade Balance, In Value Terms, 2007-2021
Figure 7:
Per Capita Consumption, 2007-2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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