Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Myanmar - 2023
Contents:
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Myanmar (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Myanmar (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Myanmar
- Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Myanmar
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Myanmar (CIF) - 2022
The average import price for tube or pipe butt welding fittings, other than stainless steels stood at $1,783 per ton in 2022, picking up by 352% against the previous year. Over the period under review, the import price showed buoyant growth. Over the period under review, average import prices reached the peak figure at $3,238 per ton in 2014; however, from 2015 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 Thailand ($34,679 per ton), while the price for China ($305 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+9.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Myanmar (FOB) - 2022
The average export price for tube or pipe butt welding fittings, other than stainless steels stood at $5,986 per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price decreased by -30%. Over the period under review, the average export prices reached the peak figure at $82,000 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Indonesia.
From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to 0.0% per year.
Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Myanmar
In 2022, overseas purchases of tube or pipe butt welding fittings, other than stainless steels decreased by -81.4% to 132 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a precipitous shrinkage. The growth pace was the most rapid in 2020 with an increase of 61%. As a result, imports attained the peak of 1.9K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of tube or pipe butt welding fittings, other than stainless steels contracted significantly to $236K in 2022. Overall, imports saw a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 71%. As a result, imports reached the peak of $729K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 41.7 | 54.5 | 75.8 | 175 | 61.3% |
| China | 207 | 395 | 175 | 37.3 | -43.5% |
| South Korea | 108 | 249 | 3.2 | 3.5 | -68.1% |
| Spain | N/A | 0.4 | N/A | N/A | 0% |
| Others | 70.2 | 29.6 | 26.5 | 19.9 | -34.3% |
| Total | 427 | 729 | 281 | 236 | -17.9% |
Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to Myanmar in 2022:
- China (122.2 tons)
- Thailand (5.0 tons)
- South Korea (0.6 tons)
Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Myanmar
In 2022, the amount of tube or pipe butt welding fittings, other than stainless steels exported from Myanmar was estimated at 290 kg, remaining constant against 2021. Over the period under review, exports showed significant growth. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of tube or pipe butt welding fittings, other than stainless steels stood at $1.7K in 2022. Overall, exports showed a significant expansion. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Myanmar (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| Indonesia | N/A | N/A | 1.7 | 0% |
| Others | 0.2 | N/A | N/A | 0% |
| Total | 0.2 | N/A | 1.7 | 191.5% |
Top Export Markets for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel from Myanmar in 2022:
- Indonesia (290.0 kg)
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