Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Myanmar - 2023
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Myanmar (CIF) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Myanmar
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Myanmar (CIF) - 2022
The average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $2,569 per ton in 2022, with an increase of 53% against the previous year. Over the period under review, the import price saw a prominent expansion. The growth pace was the most rapid in 2015 when the average import price increased by 289%. The import price peaked at $6,899 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 Japan ($18,139 per ton), while the price for China ($1,450 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Myanmar
Imports of tube or pipe threaded elbows, bends and sleeves of stainless steels into Myanmar soared to 59 tons in 2022, growing by 75% compared with the year before. Over the period under review, imports, however, recorded a abrupt slump. The growth pace was the most rapid in 2020 when imports increased by 88% against the previous year. As a result, imports reached the peak of 169 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels soared to $151K in 2022. In general, imports, however, saw a dramatic decrease.
Import of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Myanmar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 77.3 | 138 | 36.3 | 67.3 | -4.5% |
Japan | 229 | 0.5 | N/A | 48.9 | -40.2% |
India | 4.3 | 2.5 | 0.1 | 22.2 | 72.8% |
Thailand | 14.0 | 3.7 | 0.2 | 8.9 | -14.0% |
South Korea | 14.3 | 13.9 | 6.0 | 3.0 | -40.6% |
Vietnam | 25.2 | 10.3 | N/A | N/A | -59.1% |
Malaysia | 23.3 | 15.0 | 5.4 | N/A | -51.9% |
Others | 11.3 | 21.9 | 8.4 | 0.8 | -58.6% |
Total | 399 | 206 | 56.4 | 151 | -27.7% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel to Myanmar in 2022:
- China (46.4 tons)
- India (5.9 tons)
- Thailand (3.4 tons)
- Japan (2.7 tons)
- South Korea (0.4 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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