
Myanmar - Flat-Rolled Products of Silicon-Electrical Steel - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMyanmar: Market for Flat-Rolled Products Of Silicon-Electrical Steel 2025
Market Size for Flat-Rolled Products Of Silicon-Electrical Steel in Myanmar
In 2021, the Myanmar's silicon-electrical steel flat-rolled product market decreased by -57.9% to $X, falling for the second year in a row after three years of growth. Over the period under review, consumption, however, recorded significant growth. Silicon-electrical steel flat-rolled product consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.
Exports of Flat-Rolled Products Of Silicon-Electrical Steel
Exports from Myanmar
In 2020, the amount of flat-rolled products of silicon-electrical steel exported from Myanmar stood at X tons, almost unchanged from the previous year's figure. Over the period under review, exports recorded a relatively flat trend pattern. The smallest decline of 99.9% was in 2013. Over the period under review, the exports reached the maximum in 2020 and are expected to retain growth in the near future.
In value terms, silicon-electrical steel flat-rolled product exports stood at $X in 2020. In general, exports recorded a relatively flat trend pattern. The smallest decline of 99.9% was in 2013. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2020, the exports stood at a somewhat lower figure.
Exports by Country
Thailand (X tons) was the main destination for silicon-electrical steel flat-rolled product exports from Myanmar, with a approx. 100% share of total exports.
From 2012 to 2020, the average annual rate of growth in terms of volume to Thailand was relatively modest.
From 2012 to 2020, the average annual growth rate of value to Thailand was relatively modest.
Export Prices by Country
The average silicon-electrical steel flat-rolled product export price stood at $X per ton in 2020, remaining relatively unchanged against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price decreased by 99.9%. The export price peaked at $X per ton in 2012; however, from 2013 to 2020, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Thailand.
From 2012 to 2020, the rate of growth in terms of prices for Thailand amounted to 0.0% per year.
Imports of Flat-Rolled Products Of Silicon-Electrical Steel
Imports into Myanmar
In 2021, purchases abroad of flat-rolled products of silicon-electrical steel decreased by -54.4% to X tons, falling for the third consecutive year after two years of growth. In general, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2014 when imports increased by 228%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.
In value terms, silicon-electrical steel flat-rolled product imports declined rapidly to $X in 2021. Overall, imports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2014 when imports increased by 193% against the previous year. Imports peaked at $X in 2020, and then declined notably in the following year.
Imports by Country
Singapore (X tons), China (X tons) and Thailand (X tons) were the main suppliers of silicon-electrical steel flat-rolled product imports to Myanmar, together accounting for 91% of total imports. South Korea, India and Malaysia lagged somewhat behind, together comprising a further 7.5%.
From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +1,088.4%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest silicon-electrical steel flat-rolled product suppliers to Myanmar were Singapore ($X), China ($X) and India ($X), with a combined 93% share of total imports. These countries were followed by Thailand, Malaysia and South Korea, which together accounted for a further 5.7%.
Malaysia, with a CAGR of +529.0%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average silicon-electrical steel flat-rolled product import price stood at $X per ton in 2021, declining by -14.8% against the previous year. Overall, the import price showed a pronounced decline. The pace of growth appeared the most rapid in 2019 when the average import price increased by 42% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+41.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for silicon-electrical steel flat-rolled product in Myanmar. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24105310 - Electrical sheet and strip, grain oriented of a width of .600 mm or more
- Prodcom 24105330 - Flat-rolled products of silicon-electrical steel, of a width . .600 mm, non-grain-oriented
- Prodcom 24105410 - Electrical cold-rolled slit strip, grain oriented, in silicon-alloy steel, of a width of < .600 mm
- Prodcom 24105430 - Flat-rolled products of silicon-electrical steel, of a width < .600 mm, non-grain-oriented
Country coverage:
- Myanmar
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Myanmar
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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