Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Myanmar - 2023
Contents:
- Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Myanmar (CIF) - 2023
- Imports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Myanmar
Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Myanmar (CIF) - 2023
The average import price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds stood at $667 per ton in September 2023, almost unchanged from the previous month. Overall, the import price saw a notable expansion. Over the period under review, average import prices hit record highs in September 2023.
As there is only one major supplying country, the average price level is determined by prices for China.
From October 2022 to September 2023, the rate of growth in terms of prices for China amounted to +2.7% per month.
Imports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Myanmar
In 2022, imports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds into Myanmar soared to 40 tons, rising by 42% against the previous year's figure. Overall, total imports indicated temperate growth from 2019 to 2022: its volume increased at an average annual rate of +4.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds skyrocketed to $40K in 2022. Over the period under review, imports continue to indicate a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 9.9 | 8.1 | 16.6 | 36.9 | 55.0% |
| Japan | 1.5 | 1.0 | 1.5 | 2.6 | 20.1% |
| China | 15.8 | 6.5 | 4.0 | 0.8 | -63.0% |
| Others | 0.7 | 0.8 | N/A | N/A | 14.3% |
| Total | 27.9 | 16.4 | 22.1 | 40.3 | 13.0% |
Top Suppliers of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled to Myanmar in 2022:
- Singapore (26.3 tons)
- Japan (9.6 tons)
- China (4.1 tons)
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