Ferro-Alloys; Ferro-Nickel Price in Myanmar - 2022
Contents:
- Ferro-Alloys; Ferro-Nickel Price in Myanmar (FOB) - 2022
- Ferro-Alloys; Ferro-Nickel Exports in Myanmar
Ferro-Alloys; Ferro-Nickel Price in Myanmar (FOB) - 2022
In August 2022, the average ferro-alloys; ferro-nickel export price amounted to $5,464 per ton, remaining relatively unchanged against the previous month. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in April 2022 an increase of 22% m-o-m. As a result, the export price reached the peak level of $6,656 per ton. From May 2022 to August 2022, the the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From August 2021 to August 2022, the rate of growth in terms of prices for China amounted to +0.3% per month.
Ferro-Alloys; Ferro-Nickel Exports in Myanmar
In 2022, overseas shipments of ferro-alloys; ferro-nickels decreased by -64.6% to 23K tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a sharp descent. The most prominent rate of growth was recorded in 2020 when exports increased by 73% against the previous year. As a result, the exports reached the peak of 82K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, ferro-alloys; ferro-nickel exports shrank sharply to $136M in 2022. Overall, exports saw a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 48% against the previous year. As a result, the exports reached the peak of $325M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Ferro-Alloys; Ferro-Nickel in Myanmar (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 219 | 325 | 272 | 136 | -14.7% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 219 | 325 | 272 | 136 | -14.7% |
Top Export Markets for Ferro-Alloys; Ferro-Nickel from Myanmar in 2022:
- China (22.8K tons)
This report provides an in-depth analysis of the ferro-alloys market in Myanmar.
This report provides an in-depth analysis of the miscellaneous ferro-alloys market in Myanmar.
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This report provides an in-depth analysis of the global ferro-alloys market.
This report provides an in-depth analysis of the global miscellaneous ferro-alloys market.
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