Molybdenum; Wire Price in Myanmar - 2023
Contents:
Molybdenum; Wire Price in Myanmar (CIF) - 2022
The average molybdenum; wire import price stood at $56,500 per ton in 2022, surging by 5.7% against the previous year. Over the period under review, the import price saw a significant expansion. The pace of growth appeared the most rapid in 2018 an increase of 1,149%. As a result, import price reached the peak level of $75,058 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
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 Thailand amounted to +41.4% per year.
Molybdenum; Wire Imports in Myanmar
In 2022, supplies from abroad of molybdenum; wires decreased by -71.4% to 2 kg, falling for the second year in a row after two years of growth. Over the period under review, imports faced a dramatic setback. The most prominent rate of growth was recorded in 2020 when imports increased by 1,053% against the previous year. As a result, imports attained the peak of 196 kg. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, molybdenum; wire imports shrank rapidly to $113 in 2022. Overall, imports continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 918%. As a result, imports attained the peak of $8.9K. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Molybdenum; Wire in Myanmar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 0.6 | 8.9 | N/A | 0.1 | -45.0% |
Thailand | 0.3 | N/A | 0.4 | N/A | 15.5% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 0.9 | 8.9 | 0.4 | 0.1 | -51.9% |
Top Suppliers of Molybdenum; Wire to Myanmar in 2022:
- China (2.0 kg)
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