Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Myanmar - 2023
Contents:
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Myanmar (CIF) - 2022
- Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Myanmar
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Myanmar (CIF) - 2022
In 2022, the average import price for tube or pipe butt welding fittings of stainless steels amounted to $4,210 per ton, jumping by 187% against the previous year. Over the period under review, the import price, however, showed a deep reduction. The import price peaked at $15,233 per ton in 2013; however, from 2014 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 Japan ($12,451 per ton), while the price for China ($747 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+17.3%), while the prices for the other major suppliers experienced a decline.
Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Myanmar
In 2022, the amount of tube or pipe butt welding fittings of stainless steels imported into Myanmar plummeted to 15 tons, with a decrease of -31% compared with the year before. Over the period under review, imports continue to indicate a dramatic decline.
In value terms, imports of tube or pipe butt welding fittings of stainless steels soared to $63K in 2022. Overall, imports showed a sharp shrinkage.
Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Myanmar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 3.3 | 3.2 | 0.1 | 45.9 | 140.5% |
Japan | 2.1 | 4.9 | N/A | 9.2 | 63.6% |
China | 115 | 101 | 28.3 | 7.3 | -60.1% |
Vietnam | 276 | 4.8 | N/A | N/A | -98.3% |
Singapore | 14.6 | N/A | N/A | N/A | 0% |
Others | 33.2 | 21.2 | 3.7 | 1.0 | -68.9% |
Total | 445 | 135 | 32.1 | 63.5 | -47.7% |
Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Myanmar in 2022:
- China (9.8 tons)
- Thailand (4.4 tons)
- Japan (0.7 tons)
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Global Steel Pipe Fitting Market: In 2017, the volume of the global steel tube fittings consumption stood at approx. X tons. After a noticeable contraction in 2009, the volume of consumption recovered over the next three years and then levelled of
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
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