Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Myanmar - 2023
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Myanmar (CIF) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Myanmar
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Myanmar (CIF) - 2022
In 2022, the average import price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses amounted to $987 per ton, picking up by 50% against the previous year. Over the period under review, the import price, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 57%. The import price peaked at $1,626 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($23,188 per ton), while the price for Taiwan (Chinese) ($336 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+29.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Myanmar
In 2022, approx. 2.1K tons of iron or non-alloy steel wire, plated or coated with non-zinc base metalses were imported into Myanmar; rising by 35% compared with 2021 figures. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses surged to $2.1M in 2022. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 214 | 555 | 634 | 1,349 | 84.7% |
| Malaysia | 134 | 160 | 176 | 295 | 30.1% |
| Thailand | 3.6 | 0.7 | 1.4 | 228 | 298.6% |
| Taiwan (Chinese) | 71.2 | 77.8 | 79.7 | 87.5 | 7.1% |
| Vietnam | 244 | 190 | 89.3 | 57.7 | -38.2% |
| Others | 33.1 | 30.5 | 32.0 | 36.3 | 3.1% |
| Total | 700 | 1,013 | 1,013 | 2,053 | 43.1% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to Myanmar in 2022:
- China (1284.5 tons)
- Thailand (324.1 tons)
- Taiwan (Chinese) (260.4 tons)
- Malaysia (167.8 tons)
- Vietnam (33.3 tons)
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This report provides an in-depth analysis of the market for iron and steel wire in Myanmar.
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This report provides an in-depth analysis of the market for iron and steel wire in Myanmar.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the market for iron and steel wire in Myanmar.
305
This report provides an in-depth analysis of the market for iron and steel wire in Myanmar.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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