Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Myanmar - 2023
Contents:
- Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Myanmar (CIF) - 2022
- Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Myanmar
Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Myanmar (CIF) - 2022
The average import price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds stood at $4,101 per ton in 2022, shrinking by -3.8% against the previous year. Overall, the import price, however, showed a strong increase. The pace of growth was the most pronounced in 2016 an increase of 158%. The import price peaked at $4,265 per ton in 2021, and then reduced in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($8,021 per ton), while the price for Singapore ($1,192 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Myanmar
In 2022, the amount of stainless steel, flat-rolled, width less than 600mm, cold-rolleds imported into Myanmar soared to 499 tons, picking up by 317% on the previous year's figure. In general, imports saw buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds skyrocketed to $2M in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 733 | 74.9 | 216 | 642 | -4.3% |
| China | 161 | 96.6 | 96.6 | 591 | 54.3% |
| Japan | N/A | 28.7 | 82.6 | 571 | 346.0% |
| Taiwan (Chinese) | 106 | 28.0 | 87.8 | 164 | 15.7% |
| Thailand | 1.6 | 0.5 | 21.4 | 69.7 | 251.9% |
| Singapore | 11.6 | 2.2 | 5.0 | 6.7 | -16.7% |
| Others | 16.0 | 1.6 | 1.4 | 2.0 | -50.0% |
| Total | 1,029 | 232 | 511 | 2,046 | 25.7% |
Top Suppliers of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled to Myanmar in 2022:
- China (252.8 tons)
- Japan (104.1 tons)
- Hong Kong SAR (80.1 tons)
- Taiwan (Chinese) (42.2 tons)
- Thailand (13.9 tons)
- Singapore (5.6 tons)
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