Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Myanmar - 2023

Contents:

  1. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Myanmar (FOB) - 2022
  2. Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Myanmar

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Myanmar (FOB) - 2022

In 2021, the average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $1,228 per ton, waning by -14.7% against the previous year. In general, the export price showed a abrupt decline. The growth pace was the most rapid in 2019 when the average export price increased by 345% against the previous year. As a result, the export price attained the peak level of $3,886 per ton. From 2020 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($1,238 per ton), while the average price for exports to Indonesia amounted to $529 per ton.

From 2016 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+240.2%), while the prices for the other major destinations experienced mixed trend patterns.

Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Myanmar

Exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s from Myanmar contracted markedly to 6.2 tons in 2021, reducing by -84.7% against 2020 figures. In general, exports recorded a significant curtailment. The smallest decline of -50.1% was in 2020.

In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s declined notably to $7.7K in 2021. Overall, exports showed a significant decrease. The smallest decline of -81.5% was in 2020.

Export of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Myanmar (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Singapore6.554.87.68.1%
Indonesia6.00.3N/A-95.0%
Malaysia306N/AN/A0%
OthersN/A3.9N/A0%
Total31958.97.7-84.5%

Top Export Markets for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) from Myanmar in 2022:

  1. Singapore (6.2 tons)
  2. Indonesia (0.1 tons)

Source: IndexBox Market Intelligence Platform

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