Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Myanmar - 2023
Contents:
- Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Myanmar (CIF) - 2022
- Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Myanmar
Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Myanmar (CIF) - 2022
In 2022, the average import price for colouring matter; pigments and preparations based on chromium compoundses amounted to $708 per ton, picking up by 27% against the previous year. Overall, the import price, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2014 an increase of 206%. The import price peaked at $5,229 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($4,026 per ton), while the price for Thailand ($219 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+52.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Myanmar
In 2022, the amount of colouring matter; pigments and preparations based on chromium compoundses imported into Myanmar skyrocketed to 328 tons, rising by 151% on 2021 figures. Over the period under review, imports recorded significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 194%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses surged to $232K in 2022. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 12.8 | 4.0 | 24.5 | 87.5 | 89.8% |
| Canada | N/A | 9.2 | 7.3 | 61.8 | 159.2% |
| Thailand | 2.2 | 10.3 | 22.4 | 48.5 | 180.4% |
| China | N/A | 6.4 | 18.4 | 34.3 | 131.5% |
| Others | 0.2 | 0.5 | 0.4 | N/A | 41.4% |
| Total | 15.1 | 30.4 | 72.9 | 232 | 148.6% |
Top Suppliers of Colouring Matter; Pigments and Preparations Based On Chromium Compounds to Myanmar in 2022:
- Thailand (221.7 tons)
- China (49.0 tons)
- India (41.6 tons)
- Canada (15.3 tons)
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