Price for Refined Copper Tube and Pipe in Myanmar - 2022
Contents:
- Price for Refined Copper Tube and Pipe in Myanmar (CIF) - 2022
- Imports of Refined Copper Tube and Pipe in Myanmar
Price for Refined Copper Tube and Pipe in Myanmar (CIF) - 2022
In 2022, the average import price for tubes and pipes of refined copper amounted to $6,895 per ton, which is down by -17.1% against the previous year. Over the period under review, the import price saw a pronounced setback. The pace of growth was the most pronounced in 2021 when the average import price increased by 29%. The import price peaked at $9,616 per ton in 2013; however, from 2014 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 India ($12,868 per ton), while the price for China ($4,754 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Refined Copper Tube and Pipe in Myanmar
In 2022, supplies from abroad of tubes and pipes of refined copper increased by 128% to 295 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a abrupt descent.
In value terms, refined copper tube and pipe imports surged to $2M in 2022. In general, imports, however, faced a significant decline.
| Import of Refined Copper Tube and Pipe in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 1,644 | 1,258 | 475 | 1,071 | -13.3% |
| China | 2,453 | 1,155 | 241 | 865 | -29.4% |
| India | 22.2 | 15.3 | 6.4 | 69.5 | 46.3% |
| Thailand | 21.3 | 31.1 | 291 | 18.9 | -3.9% |
| Others | 79.9 | 117 | 61.4 | 7.6 | -54.4% |
| Total | 4,220 | 2,576 | 1,075 | 2,033 | -21.6% |
Top Suppliers of Refined Copper Tube and Pipe to Myanmar in 2022:
- China (182.0 tons)
- Vietnam (105.0 tons)
- India (5.4 tons)
- Thailand (1.7 tons)
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