Price for Aluminium; Tubes and Pipes in Myanmar - 2022
Contents:
- Price for Aluminium; Tubes and Pipes in Myanmar (CIF) - 2022
- Imports of Aluminium; Tubes and Pipes in Myanmar
Price for Aluminium; Tubes and Pipes in Myanmar (CIF) - 2022
The average aluminium; tubes and pipes import price stood at $2,409 per ton in 2022, dropping by -10.5% against the previous year. Over the period under review, the import price saw a deep downturn. The most prominent rate of growth was recorded in 2020 an increase of 32%. Over the period under review, average import prices hit record highs at $6,444 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($7,631 per ton), while the price for China ($2,249 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+9.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Aluminium; Tubes and Pipes in Myanmar
In 2022, the amount of aluminium; tubes and pipeses imported into Myanmar contracted dramatically to 175 tons, which is down by -28.5% on the year before. Overall, imports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 223% against the previous year. As a result, imports attained the peak of 245 tons, and then fell dramatically in the following year.
In value terms, aluminium; tubes and pipes imports declined remarkably to $422K in 2022. In general, imports showed a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 161%. As a result, imports reached the peak of $658K, and then plummeted in the following year.
| Import of Aluminium; Tubes and Pipes in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 489 | 144 | 417 | 377 | -8.3% |
| South Korea | 20.7 | 21.1 | 27.0 | 24.1 | 5.2% |
| Thailand | 10.4 | 19.7 | 39.7 | 13.5 | 9.1% |
| Singapore | 32.1 | 7.4 | 120 | N/A | 93.3% |
| Others | 34.4 | 59.0 | 54.5 | 6.8 | -41.7% |
| Total | 586 | 252 | 658 | 422 | -10.4% |
Top Suppliers of Aluminium; Tubes and Pipes to Myanmar in 2022:
- China (167.6 tons)
- Thailand (3.2 tons)
- South Korea (3.2 tons)
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