Myanmar - Copper; bars, rods and profiles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Copper Bar, Rod and Profile in Myanmar - 2022
Contents:
- Price for Copper Bar, Rod and Profile in Myanmar (CIF) - 2022
- Price for Copper Bar, Rod and Profile in Myanmar (FOB) - 2022
- Imports of Copper Bar, Rod and Profile in Myanmar
- Exports of Copper Bar, Rod and Profile in Myanmar
Price for Copper Bar, Rod and Profile in Myanmar (CIF) - 2022
The average import price for copper bars, rods and profiles stood at $4,289 per ton in 2022, which is down by -24.1% against the previous year. Overall, the import price faced a deep downturn. The most prominent rate of growth was recorded in 2020 an increase of 426% against the previous year. Over the period under review, average import prices reached the maximum at $13,542 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 China ($7,851 per ton), while the price for South Korea ($2,304 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+197.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Copper Bar, Rod and Profile in Myanmar (FOB) - 2022
In 2022, the average export price for copper bars, rods and profiles amounted to $21,000 per ton, increasing by 32% against the previous year. Overall, the export price continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 72% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +6.8% per year.
Imports of Copper Bar, Rod and Profile in Myanmar
In 2022, purchases abroad of copper bars, rods and profiles increased by 38% to 152 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a significant decrease.
In value terms, copper bar, rod and profile imports amounted to $653K in 2022. Over the period under review, imports, however, recorded a precipitous setback.
Import of Copper Bar, Rod and Profile in Myanmar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 93.3 | 84.2 | 9.7 | 237 | 36.4% |
Thailand | 872 | 509 | 96.4 | 207 | -38.1% |
China | 32.2 | 17.5 | 3.2 | 194 | 82.0% |
Malaysia | 741 | 299 | 72.3 | 8.8 | -77.2% |
South Korea | 8.4 | 10.5 | 2.1 | 5.3 | -14.2% |
Indonesia | 1,474 | 1,139 | 430 | N/A | -46.0% |
Turkey | 1,371 | N/A | N/A | N/A | 0% |
Others | 69.6 | 28.5 | 10.2 | 1.4 | -72.8% |
Total | 4,662 | 2,088 | 623 | 653 | -48.1% |
Top Suppliers of Copper Bar, Rod and Profile to Myanmar in 2022:
- India (64.1 tons)
- Thailand (57.5 tons)
- China (24.7 tons)
- Malaysia (3.5 tons)
- South Korea (2.3 tons)
Exports of Copper Bar, Rod and Profile in Myanmar
In 2022, overseas shipments of copper bars, rods and profiles decreased by -8.3% to 187 kg, falling for the second consecutive year after two years of growth. In general, exports saw a perceptible slump. The pace of growth appeared the most rapid in 2020 with an increase of 5.5%. As a result, the exports attained the peak of 210 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, copper bar, rod and profile exports surged to $3.9K in 2022. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 50% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
Export of Copper Bar, Rod and Profile in Myanmar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | N/A | N/A | N/A | 3.9 | 0% |
Japan | 1.7 | 1.5 | 0.1 | N/A | -75.7% |
Malaysia | N/A | N/A | 3.1 | N/A | 0% |
Singapore | N/A | 1.0 | N/A | N/A | 0% |
Others | N/A | N/A | 0.1 | N/A | 0% |
Total | 1.7 | 2.6 | 3.2 | 3.9 | 31.9% |
Top Export Markets for Copper Bar, Rod and Profile from Myanmar in 2022:
- United Kingdom (187.0 kg)
This report provides an in-depth analysis of the market for copper bar, rod and profile in Myanmar. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24442200 - Copper and copper alloy bars, rods, profiles and hollow profiles (excluding bars and rods obtained by casting or sintering, copper wire rod in coils)
Country coverage:
- Myanmar
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Myanmar
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for copper bar, rod and profile in Myanmar.
This report provides an in-depth analysis of the market for copper bars, wire and plates in Myanmar.
This report provides an in-depth analysis of the global market for copper bar, rod and profile.
This report provides an in-depth analysis of the global market for copper bars, wire and plates.
This report provides an in-depth analysis of the market for copper bar, rod and profile in Myanmar.
This report provides an in-depth analysis of the market for copper bars, wire and plates in Myanmar.
Global Copper And Copper Articles Market Report 2018. This report provides an in-depth analysis of the global market for copper and copper articles.
This report provides an in-depth analysis of the global market for copper bar, rod and profile.
This report provides an in-depth analysis of the global market for copper bars, wire and plates.
Explore the top import markets for copper bar, rod, and profile based on data from the IndexBox market intelligence platform.
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