Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Myanmar - 2023
Contents:
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Myanmar (CIF) - 2022
- Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Myanmar
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Myanmar (CIF) - 2022
The average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s stood at $9,084 per ton in 2022, declining by -12.9% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s increased by +66.3% against 2017 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 53% against the previous year. As a result, import price attained the peak level of $10,425 per ton, and then reduced in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($9,089 per ton), while the price for Thailand stood at $7,347 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Myanmar
In 2022, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s into Myanmar surged to 57 tons, increasing by 16,438% compared with 2021. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s skyrocketed to $520K in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 77.9 | 134 | N/A | 519 | 88.2% |
| India | 35.7 | N/A | N/A | N/A | 0% |
| United Kingdom | N/A | 26.5 | N/A | N/A | 0% |
| Others | 12.8 | 8.3 | 3.6 | 1.1 | -55.9% |
| Total | 126 | 169 | 3.6 | 520 | 60.4% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) to Myanmar in 2022:
- China (57.1 tons)
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