Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Myanmar - 2023

Contents:

  1. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Myanmar (CIF) - 2022
  2. Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Myanmar

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Myanmar (CIF) - 2022

The average import price for tubing; flexible, with or without fittings, of base metals stood at $5,451 per ton in 2022, rising by 41% against the previous year. In general, the import price showed a prominent increase. The most prominent rate of growth was recorded in 2016 an increase of 96% against the previous year. The import price peaked at $6,792 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($39,305 per ton), while the price for Thailand ($1,151 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+25.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Myanmar

In 2022, overseas purchases of tubing; flexible, with or without fittings, of base metals decreased by -57.6% to 63 tons, falling for the second year in a row after two years of growth. In general, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 344% against the previous year. As a result, imports attained the peak of 352 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of tubing; flexible, with or without fittings, of base metals fell notably to $343K in 2022. Overall, imports, however, continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 253% against the previous year. As a result, imports attained the peak of $1M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Tubing; Flexible, with or Without Fittings, of Base Metal in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark17.349.078.980.867.2%
Netherlands32.928.966.974.531.3%
China58.643964.167.14.6%
Russia16.036.131.024.515.3%
Indonesia17.41689.017.1-0.6%
South Korea1.567.232.511.295.5%
Thailand39.062.514410.2-36.0%
Malaysia2.964.323.20.3-53.1%
Vietnam32.47.24.40.3-79.0%
Others76.011612157.1-9.1%
Total2941,0395753435.3%

Top Suppliers of Tubing; Flexible, with or Without Fittings, of Base Metal to Myanmar in 2022:

  1. China (34.6 tons)
  2. Thailand (8.9 tons)
  3. Russia (7.5 tons)
  4. Indonesia (3.3 tons)
  5. Denmark (2.1 tons)
  6. Netherlands (2.0 tons)
  7. South Korea (1.9 tons)
  8. Malaysia (0.1 tons)
  9. Vietnam (0.1 tons)

Source: IndexBox Market Intelligence Platform

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