Price for Moulding Boxes; for Metal Foundry in Myanmar - 2022
Contents:
- Price for Moulding Boxes; for Metal Foundry in Myanmar (CIF) - 2022
- Imports of Moulding Boxes; for Metal Foundry in Myanmar
Price for Moulding Boxes; for Metal Foundry in Myanmar (CIF) - 2022
The average import price for moulding boxes; for metal foundries stood at $1,795 per ton in 2022, jumping by 27% against the previous year. In general, the import price continues to indicate a moderate increase. The pace of growth was the most pronounced in 2013 when the average import price increased by 111%. As a result, import price attained the peak level of $2,578 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
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 Thailand ($8,631 per ton), while the price for Germany ($487 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Moulding Boxes; for Metal Foundry in Myanmar
In 2022, purchases abroad of moulding boxes; for metal foundries increased by 276% to 479 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports continue to indicate a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, moulding boxes; for metal foundry imports surged to $859K in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Moulding Boxes; for Metal Foundry in Myanmar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 4.1 | 3.5 | 35.8 | 472 | 386.5% |
China | 264 | 101 | 87.6 | 320 | 6.6% |
Malaysia | 31.5 | 38.6 | 31.2 | 55.5 | 20.8% |
Germany | N/A | N/A | N/A | 10.9 | 0% |
Others | 38.9 | 22.2 | 24.9 | 0.5 | -76.6% |
Total | 338 | 165 | 180 | 859 | 36.5% |
Top Suppliers of Moulding Boxes; for Metal Foundry to Myanmar in 2022:
- China (381.9 tons)
- Thailand (54.7 tons)
- Germany (22.4 tons)
- Malaysia (19.7 tons)
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