Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Myanmar - 2023
Contents:
- Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Myanmar (CIF) - 2022
- Imports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Myanmar
Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Myanmar (CIF) - 2022
The average import price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver stood at $5,503 per ton in 2022, declining by -26.3% against the previous year. In general, the import price showed a drastic downturn. The pace of growth was the most pronounced in 2021 when the average import price increased by 45% against the previous year. The import price peaked at $11,049 per ton in 2012; however, from 2013 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 South Korea ($8,591 per ton), while the price for Italy ($1,852 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-2.3%), while the prices for the other major suppliers experienced a decline.
Imports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Myanmar
In 2022, purchases abroad of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver decreased by -73.3% to 12 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 106%. As a result, imports attained the peak of 44 tons, and then dropped markedly in the following year.
In value terms, imports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver contracted remarkably to $65K in 2022. Over the period under review, imports faced a dramatic contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 199% against the previous year. As a result, imports reached the peak of $331K, and then reduced notably in the following year.
| Import of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 97.1 | 31.4 | 16.9 | 56.2 | -16.7% |
| South Korea | 16.7 | 16.0 | 9.9 | 4.7 | -34.5% |
| Thailand | 10.4 | 43.1 | 5.0 | 3.7 | -29.1% |
| Italy | N/A | N/A | 0.4 | 0.4 | 0.0% |
| Germany | N/A | N/A | 291 | N/A | 0% |
| Vietnam | 5.4 | 4.8 | N/A | N/A | -11.1% |
| United Kingdom | 16.8 | 14.0 | N/A | N/A | -16.7% |
| Others | 2.1 | 1.5 | 8.5 | 0.1 | -63.8% |
| Total | 149 | 111 | 331 | 65.2 | -24.1% |
Top Suppliers of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver to Myanmar in 2022:
- China (8.9 tons)
- Thailand (2.0 tons)
- South Korea (0.6 tons)
- Italy (0.2 tons)
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