Report Update Apr 1, 2024

Myanmar - Stainless Steel Seamless Pipe for Oil and Gas - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Market for Stainless Steel Seamless Pipe For Oil And Gas 2024

Market Size for Stainless Steel Seamless Pipe For Oil And Gas in Myanmar

In 2022, the Myanmar's stainless steel seamless pipe market was finally on the rise to reach $X after two years of decline. Overall, consumption, however, recorded a drastic downturn. Stainless steel seamless pipe consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Exports of Stainless Steel Seamless Pipe For Oil And Gas

Exports from Myanmar

In 2017, after three years of growth, there was significant decline in overseas shipments of stainless steel seamless pipe for oil and gas, when their volume decreased by X% to X tons. In general, exports, however, posted a significant expansion. The growth pace was the most rapid in 2015 with an increase of X%. The exports peaked at X tons in 2016, and then plummeted in the following year.

In value terms, stainless steel seamless pipe exports dropped markedly to $X in 2017. Overall, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2016 when exports increased by X%. As a result, the exports reached the peak of $X, and then reduced dramatically in the following year.

Exports by Country

India (X tons) was the main destination for stainless steel seamless pipe exports from Myanmar, accounting for a X% share of total exports. Moreover, stainless steel seamless pipe exports to India exceeded the volume sent to the second major destination, Singapore (X kg), more than tenfold.

From 2014 to 2017, the average annual growth rate of volume to India totaled X%.

In value terms, India ($X) emerged as the key foreign market for stainless steel seamless pipe for oil and gas exports from Myanmar, comprising X% of total exports. The second position in the ranking was held by Singapore ($X), with a X% share of total exports.

From 2014 to 2017, the average annual rate of growth in terms of value to India totaled X%.

Export Prices by Country

In 2017, the average stainless steel seamless pipe export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price, however, continues to indicate a dramatic contraction. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2017, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2017, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to India amounted to $X per ton.

From 2014 to 2017, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (X%), while the prices for the other major destinations experienced a decline.

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Imports of Stainless Steel Seamless Pipe For Oil And Gas

Imports into Myanmar

In 2022, supplies from abroad of stainless steel seamless pipe for oil and gas was finally on the rise to reach X tons after three years of decline. Overall, imports, however, continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, stainless steel seamless pipe imports skyrocketed to $X in 2022. In general, imports, however, saw a deep slump. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest stainless steel seamless pipe supplier to Myanmar, with a X% share of total imports. Moreover, stainless steel seamless pipe imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Thailand (X% per year).

In value terms, China ($X) constituted the largest supplier of stainless steel seamless pipe for oil and gas to Myanmar, comprising X% of total imports. The second position in the ranking was held by India ($X), with an X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Thailand (X% per year).

Import Prices by Country

In 2022, the average stainless steel seamless pipe import price amounted to $X per ton, waning by X% against the previous year. Over the period under review, the import price showed a abrupt downturn. The growth pace was the most rapid in 2019 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for stainless steel seamless pipe for oil and gas in the world?

The country with the largest volume of stainless steel seamless pipe consumption was Russia, comprising approx. 33% of total volume. Moreover, stainless steel seamless pipe consumption in Russia exceeded the figures recorded by the second-largest consumer, China, twofold. The third position in this ranking was taken by India, with a 5.5% share.

What are the largest producers of stainless steel seamless pipe for oil and gas in the world?

Russia remains the largest stainless steel seamless pipe producing country worldwide, accounting for 36% of total volume. Moreover, stainless steel seamless pipe production in Russia exceeded the figures recorded by the second-largest producer, China, twofold. The third position in this ranking was held by India, with a 5.3% share.

What are the leading suppliers of stainless steel seamless pipe for oil and gas to Myanmar?

In value terms, China constituted the largest supplier of stainless steel seamless pipe for oil and gas to Myanmar, comprising 86% of total imports. The second position in the ranking was held by India, with an 8.2% share of total imports.

What are the leading importers of stainless steel seamless pipe for oil and gas from Myanmar?

In value terms, India emerged as the key foreign market for stainless steel seamless pipe for oil and gas exports from Myanmar, comprising 92% of total exports. The second position in the ranking was held by Singapore $473), with a 7.9% share of total exports.

What is the average export price for stainless steel seamless pipe for oil and gas in Myanmar?

The average stainless steel seamless pipe export price stood at $1,942 per ton in 2017, increasing by 27% against the previous year.

What is the average import price for stainless steel seamless pipe for oil and gas in Myanmar?

In 2022, the average stainless steel seamless pipe import price amounted to $3,548 per ton, which is down by -24.7% against the previous year.

This report provides an in-depth analysis of the market for stainless steel seamless pipe 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 24201110 - Line pipe, of a kind used for oil or gas pipelines, seamless, of stainless 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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023