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Report Myanmar - Hot-Rolled Round Bars of Stainless Steel - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jun 1, 2025

Myanmar - Hot-Rolled Round Bars of Stainless Steel - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Market for Hot-Rolled Round Bars Of Stainless Steel 2025

Market Size for Hot-Rolled Round Bars Of Stainless Steel in Myanmar

In 2021, the Myanmar's hot-rolled round stainless steel market increased by 2,584% to $X, rising for the second year in a row after two years of decline. In general, consumption enjoyed a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Hot-Rolled Round Bars Of Stainless Steel in Myanmar

In value terms, hot-rolled round stainless steel production totaled less than $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern.

Exports of Hot-Rolled Round Bars Of Stainless Steel

Exports from Myanmar

Hot-rolled round stainless steel exports from Myanmar amounted to less than X kg in 2021, remaining relatively unchanged against the year before. Over the period under review, exports recorded a relatively flat trend pattern.

In value terms, hot-rolled round stainless steel exports stood at less than $X in 2021. In general, exports showed a relatively flat trend pattern.

Imports of Hot-Rolled Round Bars Of Stainless Steel

Imports into Myanmar

For the third year in a row, Myanmar recorded decline in purchases abroad of hot-rolled round bars of stainless steel, which decreased by 0% to X tons in 2020. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 117% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2020, the growth of imports failed to regain momentum.

In value terms, hot-rolled round stainless steel imports totaled $X in 2020. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2017 when imports increased by 132% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2020, the growth of imports failed to regain momentum.

Imports by Country

In 2020, Thailand (X tons) constituted the largest hot-rolled round stainless steel supplier to Myanmar, accounting for a 69% share of total imports. Moreover, hot-rolled round stainless steel imports from Thailand exceeded the figures recorded by the second-largest supplier, China (X kg), threefold. The third position in this ranking was held by Vietnam (X kg), with a 1.9% share.

From 2013 to 2020, the average annual growth rate of volume from Thailand amounted to +50.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+19.9% per year) and Vietnam (0.0% per year).

In value terms, Thailand ($X) constituted the largest supplier of hot-rolled round bars of stainless steel to Myanmar, comprising 66% of total imports. The second position in the ranking was taken by China ($X), with a 25% share of total imports. It was followed by Vietnam, with a 2.5% share.

From 2013 to 2020, the average annual growth rate of value from Thailand stood at +46.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+20.6% per year) and Vietnam (0.0% per year).

Import Prices by Country

In 2020, the average hot-rolled round stainless steel import price amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 79%. Over the period under review, average import prices attained the peak figure in 2020 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2013 to 2020, the most notable rate of growth in terms of prices was attained by India (+38.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of hot-rolled round stainless steel consumption in 2021 were China, the United States and India, with a combined 42% share of global consumption. These countries were followed by Germany, Russia, Japan, Brazil, the UK, Nigeria, South Korea, Canada, Spain and Saudi Arabia, which together accounted for a further 34%.
China remains the largest hot-rolled round stainless steel producing country worldwide, accounting for 23% of total volume. Moreover, hot-rolled round stainless steel production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 9.4% share.
In value terms, Japan constituted the largest supplier of hot-rolled round stainless steel to Myanmar.
In 2021, the average hot-rolled round stainless steel import price amounted to $14,551 per ton, picking up by 175% against the previous year.

This report provides an in-depth analysis of the market for hot-rolled round stainless steel 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 24106410 - Hot-rolled round bars, of stainless steel

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND THE AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    5. MARKET FORECAST TO 2035

  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORTS

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Export

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Market Volume Forecast to 2035
    9. Market Value Forecast to 2035
    10. Market Size and Growth, By Product
    11. Average Per Capita Consumption, By Product
    12. Exports and Growth, By Product
    13. Export Prices and Growth, By Product
    14. Production Volume and Growth
    15. Exports and Growth
    16. Export Prices and Growth
    17. Market Size and Growth
    18. Per Capita Consumption
    19. Imports and Growth
    20. Import Prices
    21. Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    22. Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    24. Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country, 2012–2024
    29. Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    30. Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country, 2012–2024

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