Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Myanmar - 2023

Contents:

  1. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Myanmar (CIF) - 2023
  2. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Myanmar (FOB) - 2022
  3. Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Myanmar
  4. Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Myanmar

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Myanmar (CIF) - 2023

In December 2023, the average import price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $820 per ton, surging by 11% against the previous month. In general, the import price, however, continues to indicate a deep reduction. The growth pace was the most rapid in July 2023 when the average import price increased by 394% month-to-month. The import price peaked at $3,971 per ton in August 2023; however, from September 2023 to December 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($3,764 per ton), while the price for China amounted to $700 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Japan (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Myanmar (FOB) - 2022

In 2021, the average export price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $480 per ton, dropping by -61.4% against the previous year. Overall, the export price showed a pronounced descent. Over the period under review, the average export prices reached the maximum at $1,244 per ton in 2020, and then fell significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($885 per ton), while the average price for exports to Thailand totaled $42 per ton.

From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (-96.6%).

Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Myanmar

In 2022, purchases abroad of alloy steel flat-rolled products, of a width 600mm or mores was finally on the rise to reach 54K tons after two years of decline. Overall, imports, however, continue to indicate a sharp setback.

In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores soared to $38M in 2022. In general, imports, however, faced a deep reduction.

Import of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Myanmar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China54.346.113.331.1-17.0%
Singapore4.03.52.62.7-12.3%
Japan5.23.51.12.1-26.1%
Taiwan (Chinese)N/AN/AN/A1.10%
Others2.52.00.71.3-19.6%
Total66.055.117.738.4-16.5%

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width 600mm or More to Myanmar in 2022:

  1. China (49.0K tons)
  2. Taiwan (Chinese) (1.8K tons)
  3. Singapore (1.1K tons)
  4. Japan (1.0K tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Myanmar

In 2021, exports of alloy steel flat-rolled products, of a width 600mm or mores from Myanmar fell markedly to 100 kg, dropping by -99.9% against the year before. Overall, exports saw a dramatic contraction.

In value terms, exports of alloy steel flat-rolled products, of a width 600mm or mores fell rapidly to $48 in 2021. Over the period under review, exports continue to indicate a dramatic decline.

Export of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Myanmar (Thousand USD)
COUNTRY20202021CAGR,
2020-2021
RussiaN/AN/A0%
Thailand171N/A0%
OthersN/AN/A0%
Total171N/A0%

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width 600mm or More from Myanmar in 2022:

  1. Russia (52.0 kg)
  2. Thailand (48.0 kg)

Source: IndexBox Market Intelligence Platform

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