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

Contents:

1. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Myanmar (FOB) - 2022
2. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Myanmar (CIF) - 2023
3. Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Myanmar
4. Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Myanmar

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

In 2022, the average export price for containers for compressed or liquefied gas, of iron or steel amounted to $36 per unit, with a decrease of -41.3% against the previous year. In general, the export price continues to indicate a perceptible shrinkage. The growth pace was the most rapid in 2018 an increase of 78% against the previous year. Over the period under review, the average export prices reached the maximum at $78 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($63 per unit), while the average price for exports to Indonesia ($3.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+2.2%).

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Myanmar (CIF) - 2023

The average import price for containers for compressed or liquefied gas, of iron or steel stood at $15.7 per unit in December 2023, surging by 35% against the previous month. In general, the import price, however, recorded a abrupt slump. The most prominent rate of growth was recorded in November 2023 an increase of 177% against the previous month. Over the period under review, average import prices attained the maximum at $34.2 per unit in December 2022; however, from January 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 China ($16.6 per unit), while the price for Thailand amounted to $3.2 per unit.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Malaysia (0.0%), while the prices for the other major suppliers experienced a decline.

Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Myanmar

In 2022, approx. 177K units of containers for compressed or liquefied gas, of iron or steel were exported from Myanmar; with an increase of 6,247% on the previous year's figure. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 21,435% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of containers for compressed or liquefied gas, of iron or steel soared to $6.3M in 2022. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 11,303% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

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

1. Bangladesh (95.7K units)
2. Indonesia (81.4K units)
3. Thailand (0.3K units)

Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Myanmar

After three years of growth, purchases abroad of containers for compressed or liquefied gas, of iron or steel decreased by -89.5% to 94K units in 2022. Overall, imports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 356% against the previous year. As a result, imports attained the peak of 897K units, and then plummeted in the following year.

In value terms, imports of containers for compressed or liquefied gas, of iron or steel shrank sharply to $3.9M in 2022. Over the period under review, imports saw a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 491% against the previous year. As a result, imports attained the peak of $26M, and then fell notably in the following year.

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

1. China (55.8K units)
2. Thailand (32.8K units)
3. South Korea (2.6K units)
4. Czech Republic (2.5K units)

Source: IndexBox Market Intelligence Platform