Price for Sulphites; Other than of Sodium in Myanmar - 2023
Contents:
- Price for Sulphites; Other than of Sodium in Myanmar (CIF) - 2022
- Imports of Sulphites; Other than of Sodium in Myanmar
Price for Sulphites; Other than of Sodium in Myanmar (CIF) - 2022
In 2022, the average import price for sulphites; other than of sodia amounted to $315 per ton, waning by -17.8% against the previous year. Overall, the import price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2015 an increase of 16%. As a result, import price reached the peak level of $1,012 per ton. From 2016 to 2022, the average import prices remained at a lower figure.
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 India ($1,798 per ton), while the price for China ($257 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Sulphites; Other than of Sodium in Myanmar
Sulphites; other than of sodium imports into Myanmar soared to 126 tons in 2022, with an increase of 193% against the year before. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 286%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, sulphites; other than of sodium imports soared to $40K in 2022. In general, imports showed a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 287% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Sulphites; Other than of Sodium in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.8 | N/A | N/A | 26.8 | 58.0% |
| Germany | 1.9 | N/A | 13.1 | 9.6 | 71.6% |
| Thailand | 10.4 | 1.7 | 2.3 | 1.9 | -43.3% |
| Malaysia | 3.7 | 0.8 | N/A | N/A | -78.4% |
| Others | 1.0 | 1.8 | 1.1 | 1.5 | 14.5% |
| Total | 23.7 | 4.3 | 16.5 | 39.8 | 18.9% |
Top Suppliers of Sulphites; Other than of Sodium to Myanmar in 2022:
- China (104.0 tons)
- Germany (20.8 tons)
- Thailand (0.5 tons)
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