Price for Copper Tube or Pipe Fitting in Myanmar - 2022
Contents:
- Price for Copper Tube or Pipe Fitting in Myanmar (CIF) - 2022
- Imports of Copper Tube or Pipe Fitting in Myanmar
Price for Copper Tube or Pipe Fitting in Myanmar (CIF) - 2022
The average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $6,628 per ton in 2022, shrinking by -37.9% against the previous year. In general, the import price saw a abrupt slump. The pace of growth was the most pronounced in 2019 an increase of 84% against the previous year. Over the period under review, average import prices hit record highs at $16,108 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($12,089 per ton), while the price for China stood at $6,484 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+25.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Copper Tube or Pipe Fitting in Myanmar
In 2022, approx. 17 tons of tube or pipe fittings, couplings, elbows, sleeves of refined copper were imported into Myanmar; with an increase of 2,309% on the year before. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, copper tube or pipe fitting imports skyrocketed to $112K in 2022. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Copper Tube or Pipe Fitting in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 22.4 | 27.3 | 1.1 | 106 | 67.9% |
| India | 3.2 | 2.9 | 1.3 | 5.4 | 19.1% |
| Thailand | 6.9 | 11.3 | 0.3 | 0.5 | -58.3% |
| Others | 14.3 | 21.5 | 4.8 | N/A | -42.1% |
| Total | 46.8 | 63.0 | 7.5 | 112 | 33.8% |
Top Suppliers of Copper Tube or Pipe Fitting to Myanmar in 2022:
- China (16.3 tons)
- India (0.4 tons)
- Thailand (0.1 tons)
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