Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Myanmar - 2022
Contents:
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Myanmar (CIF) - 2022
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Myanmar (FOB) - 2022
- Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Myanmar
- Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Myanmar
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Myanmar (CIF) - 2022
In 2022, the average import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $709 per ton, with an increase of 32% against the previous year. Overall, the import price, however, showed a deep reduction. Over the period under review, average import prices hit record highs at $1,227 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Thailand ($1,299 per ton), while the price for Vietnam ($520 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+1.1%), while the prices for the other major suppliers experienced a decline.
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Myanmar (FOB) - 2022
In 2022, the average export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $688 per ton, remaining constant against the previous year. In general, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in the near future.
As there is only one major export destination, the average price level is determined by prices for India.
From 2021 to 2022, the rate of growth in terms of prices for India amounted to -30.6% per year.
Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Myanmar
In 2022, after three years of growth, there was significant decline in overseas purchases of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses, when their volume decreased by -35.9% to 7.9K tons. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +6.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 48% against the previous year.
In value terms, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses dropped sharply to $5.6M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.0% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 34% against the previous year. As a result, imports attained the peak of $6.6M, and then contracted sharply in the following year.
| Import of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.4 | 4.4 | 5.8 | 4.0 | 5.6% |
| Vietnam | N/A | N/A | N/A | 1.0 | 0% |
| Thailand | 0.2 | 0.3 | 0.4 | 0.4 | 26.0% |
| Others | 0.2 | 0.2 | 0.4 | 0.1 | -20.6% |
| Total | 3.9 | 4.9 | 6.6 | 5.6 | 12.8% |
Top Suppliers of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates to Myanmar in 2022:
- China (5.5K tons)
- Vietnam (1.9K tons)
- Thailand (0.3K tons)
Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Myanmar
Exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses from Myanmar reduced dramatically to 52 tons in 2022, which is down by -50% compared with the year before. Overall, exports showed a precipitous curtailment.
In value terms, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses shrank notably to $36K in 2022. In general, exports faced a dramatic slump.
| Export of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| India | 16.8 | 35.8 | 113.1% | ||
| Philippines | 54.7 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 71.6 | 35.8 | -50.0% | ||
Top Export Markets for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates from Myanmar in 2022:
- India (52.0 tons)
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