Metals; Platinum, Semi-Manufactured Price in Myanmar - 2022

Contents:

  1. Metals; Platinum, Semi-Manufactured Price in Myanmar (CIF) - 2022
  2. Metals; Platinum, Semi-Manufactured Imports in Myanmar

Metals; Platinum, Semi-Manufactured Price in Myanmar (CIF) - 2022

The average metals; platinum, semi-manufactured import price stood at $472,500 per ton in 2022, standing approx. at the previous year. Over the period under review, the import price posted resilient growth. The growth pace was the most rapid in 2019 an increase of 32%. As a result, import price attained the peak level of $653,635 per ton. From 2020 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 China ($642,000 per ton), while the price for India amounted to $303,000 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+30.3%).

Metals; Platinum, Semi-Manufactured Imports in Myanmar

In 2022, after two years of decline, there was decline in supplies from abroad of metals; platinum, semi-manufactureds, when their volume decreased by 0% to 2 kg. In general, imports recorded a precipitous descent. The smallest decline of 99.9% was in 2020.

In value terms, metals; platinum, semi-manufactured imports amounted to $945 in 2022. Over the period under review, imports faced a sharp downturn. The smallest decline of 99.9% was in 2020.

Import of Metals; Platinum, Semi-Manufactured in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.6N/AN/A0.6-58.8%
IndiaN/AN/AN/A0.30%
South Korea32.6N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total41.2N/AN/A0.9-72.0%

Top Suppliers of Metals; Platinum, Semi-Manufactured to Myanmar in 2022:

  1. India (1.0 kg)
  2. China (1.0 kg)

Source: IndexBox Market Intelligence Platform

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