Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Myanmar - 2023

Contents:

1. Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Myanmar (CIF) - 2022
2. Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Myanmar (FOB) - 2022
3. Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Myanmar
4. Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Myanmar

Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Myanmar (CIF) - 2022

The average import price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels stood at $2,647 per ton in 2022, increasing by 11% against the previous year. Overall, the import price recorded buoyant growth. The most prominent rate of growth was recorded in 2019 an increase of 131% against the previous year. Over the period under review, average import prices attained the maximum at $3,055 per ton in 2017; however, from 2018 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 Singapore ($8,602 per ton), while the price for China ($717 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+13.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Myanmar (FOB) - 2022

In 2021, the average export price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels amounted to $3,250 per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price saw a significant increase. The pace of growth appeared the most rapid in 2020 a decrease of 99.9%. Over the period under review, the average export prices reached the maximum in 2021 and is likely to see steady growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Japan.

From 2019 to 2021, the rate of growth in terms of prices for Japan amounted to +80.3% per year.

Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Myanmar

For the third year in a row, Myanmar recorded decline in overseas purchases of tube or pipe threaded elbows, bends and sleeves, other than stainless steels, which decreased by -50.1% to 21 tons in 2022. Over the period under review, imports saw a precipitous decrease. The smallest decline of -43.6% was in 2020.

In value terms, imports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels dropped rapidly to $56K in 2022. In general, imports recorded a precipitous setback.

Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel to Myanmar in 2022:

1. Indonesia (4.9 tons)
2. China (4.9 tons)
3. Thailand (4.9 tons)
4. Malaysia (4.5 tons)
5. Singapore (0.9 tons)
6. India (0.5 tons)
7. South Korea (0.3 tons)

Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Myanmar

In 2021, exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels from Myanmar was estimated at 4 kg, remaining relatively unchanged against the year before. In general, exports saw a precipitous contraction. The smallest decline of 99.9% was in 2020.

In value terms, exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels totaled $13 in 2021. Overall, exports saw a abrupt curtailment. The smallest decline of 99.9% was in 2020.

Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel from Myanmar in 2022:

1. Japan (4.0 kg)

Source: IndexBox Market Intelligence Platform