Price for Containers for Compressed or Liquefied Gas, of Aluminium in Myanmar - 2023

Contents:

  1. Price for Containers for Compressed or Liquefied Gas, of Aluminium in Myanmar (CIF) - 2022
  2. Price for Containers for Compressed or Liquefied Gas, of Aluminium in Myanmar (FOB) - 2022
  3. Imports of Containers for Compressed or Liquefied Gas, of Aluminium in Myanmar
  4. Exports of Containers for Compressed or Liquefied Gas, of Aluminium in Myanmar

Price for Containers for Compressed or Liquefied Gas, of Aluminium in Myanmar (CIF) - 2022

The average import price for containers for compressed or liquefied gas, of aluminium stood at $65 per unit in 2022, stabilizing at the previous year. Over the period under review, the import price, however, continues to indicate a strong increase. The pace of growth was the most pronounced in 2015 when the average import price increased by 184% against the previous year. Over the period under review, average import prices attained the maximum at $96 per unit in 2020; however, from 2021 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 Malaysia ($102 per unit), while the price for India ($19 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+33.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Containers for Compressed or Liquefied Gas, of Aluminium in Myanmar (FOB) - 2022

The average export price for containers for compressed or liquefied gas, of aluminium stood at $6.6 per unit in 2021, leveling off at the previous year. Over the period under review, the export price recorded a deep setback. The pace of growth appeared the most rapid in 2020 when the average export price decreased by 99.9% against the previous year. The export price peaked at $18 per unit in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Singapore ($6.6 per unit), while the average price for exports to Mauritius totaled $6.6 per unit.

From 2016 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (-17.7%).

Imports of Containers for Compressed or Liquefied Gas, of Aluminium in Myanmar

In 2022, imports of containers for compressed or liquefied gas, of aluminium into Myanmar dropped sharply to 3.9K units, reducing by -56.1% on the year before. Over the period under review, imports, however, showed a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 1,029%. As a result, imports attained the peak of 8.9K units, and then declined rapidly in the following year.

In value terms, imports of containers for compressed or liquefied gas, of aluminium dropped rapidly to $253K in 2022. In general, imports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 664% against the previous year. As a result, imports reached the peak of $580K, and then declined markedly in the following year.

Import of Containers for Compressed or Liquefied Gas, of Aluminium in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States47.15.341110129.0%
Singapore11354.810499.3-4.2%
China0.41.33.816.9248.3%
Thailand0.10.829.39.6357.9%
Japan1.40.72.71.52.3%
Others12.713.029.524.825.0%
Total17475.958025313.3%

Top Suppliers of Containers for Compressed or Liquefied Gas, of Aluminium to Myanmar in 2022:

  1. United States (1335.0 units)
  2. Singapore (1100.0 units)
  3. China (843.0 units)
  4. Thailand (494.0 units)
  5. Japan (49.0 units)

Exports of Containers for Compressed or Liquefied Gas, of Aluminium in Myanmar

Exports of containers for compressed or liquefied gas, of aluminium from Myanmar totaled 112 units in 2021, therefore, remained relatively stable against 2020 figures. Overall, exports showed a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of attained the maximum in 2021 and are likely to see gradual growth in years to come.

In value terms, exports of containers for compressed or liquefied gas, of aluminium totaled $741 in 2021. In general, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are expected to retain growth in the near future.

Export of Containers for Compressed or Liquefied Gas, of Aluminium in Myanmar (USD)
COUNTRY201920202021CAGR,
2019-2021
Singapore122N/A490100.4%
MauritiusN/AN/A2510%
Thailand94.0N/AN/A0%
OthersN/AN/AN/A0%
Total216N/A74185.2%

Top Export Markets for Containers for Compressed or Liquefied Gas, of Aluminium from Myanmar in 2022:

  1. Singapore (74.0 units)
  2. Mauritius (38.0 units)

Source: IndexBox Market Intelligence Platform

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