Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Myanmar - 2023
Contents:
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Myanmar (CIF) - 2022
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Myanmar (FOB) - 2022
- Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Myanmar
- Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Myanmar
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Myanmar (CIF) - 2022
In 2022, the average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $2,390 per ton, dropping by -54.6% against the previous year. Overall, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2014 when the average import price increased by 60%. Over the period under review, average import prices attained the maximum at $7,943 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
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 the UK ($13,066 per ton), while the price for China ($1,813 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.6%), while the prices for the other major suppliers experienced a decline.
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Myanmar (FOB) - 2022
In 2022, the average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $16,000 per ton, remaining constant against the previous year. Over the period under review, the export price showed a pronounced downturn. The pace of growth appeared the most rapid in 2019 when the average export price increased by 82% against the previous year. Over the period under review, the average export prices attained the peak figure at $18,078 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($19,857 per ton), while the average price for exports to Canada ($1,000 per ton) was amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+10.7%), while the prices for the other major destinations experienced a decline.
Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Myanmar
Imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s into Myanmar soared to 143 tons in 2022, growing by 323% against 2021. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s surged to $342K in 2022. Over the period under review, imports posted a strong expansion. The growth pace was the most rapid in 2020 with an increase of 172%. As a result, imports attained the peak of $675K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 92.1 | 359 | 37.1 | 235 | 36.6% |
| United Kingdom | 14.0 | 77.3 | 8.5 | 35.9 | 36.9% |
| South Korea | 1.1 | 81.7 | 81.0 | 16.0 | 144.1% |
| Thailand | 47.6 | 37.7 | 10.1 | 6.7 | -48.0% |
| India | 18.4 | 2.5 | 3.0 | 5.2 | -34.4% |
| Others | 75.1 | 117 | 38.0 | 42.4 | -17.4% |
| Total | 248 | 675 | 178 | 342 | 11.3% |
Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Myanmar in 2022:
- China (129.8 tons)
- South Korea (3.1 tons)
- Thailand (2.8 tons)
- United Kingdom (2.7 tons)
- India (1.1 tons)
Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Myanmar
In 2022, shipments abroad of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by 0% to 9 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports recorded a dramatic shrinkage. The smallest decline of 99.9% was in 2020.
In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $144 in 2022. Overall, exports continue to indicate a dramatic slump. The smallest decline of 99.9% was in 2020.
| Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Myanmar (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 1,801 | N/A | N/A | 139 | -57.4% |
| United States | N/A | N/A | N/A | 4.0 | 0% |
| Canada | 41.0 | N/A | N/A | 1.0 | -71.0% |
| Others | 22.0 | N/A | N/A | N/A | 0% |
| Total | 1,864 | N/A | N/A | 144 | -57.4% |
Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Myanmar in 2022:
- Malaysia (7.0 kg)
- United States (1.0 kg)
- Canada (1.0 kg)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Myanmar.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
