Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Myanmar - 2023
Contents:
- Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Myanmar (CIF) - 2022
- Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Myanmar
Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Myanmar (CIF) - 2022
In 2022, the average import price for stainless steel; flat-rolled products of width less than 600mms amounted to $2,511 per ton, rising by 54% against the previous year. Over the period under review, the import price, however, recorded a perceptible decline. The pace of growth appeared the most rapid in 2018 an increase of 71%. The import price peaked at $4,014 per ton in 2012; however, from 2013 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 Japan ($4,252 per ton), while the price for China ($1,792 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.2%), while the prices for the other major suppliers experienced a decline.
Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Myanmar
In 2022, approx. 182 tons of stainless steel; flat-rolled products of width less than 600mms were imported into Myanmar; increasing by 124% against the previous year's figure. Over the period under review, imports continue to indicate a resilient increase.
In value terms, imports of stainless steel; flat-rolled products of width less than 600mms soared to $457K in 2022. Overall, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 97.8 | 247 | 70.3 | 231 | 33.2% |
| Japan | N/A | 53.0 | 54.1 | 226 | 106.5% |
| Malaysia | 29.1 | 6.2 | N/A | 0.1 | -84.9% |
| Thailand | 1.9 | 14.5 | 7.3 | N/A | 96.0% |
| Taiwan (Chinese) | 47.7 | 4.2 | 0.5 | N/A | -89.8% |
| Others | 25.4 | 11.1 | 0.4 | 0.1 | -84.2% |
| Total | 202 | 336 | 133 | 457 | 31.3% |
Top Suppliers of Stainless Steel; Flat-Rolled Products of Width Less than 600mm to Myanmar in 2022:
- China (128.7 tons)
- Japan (53.2 tons)
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