Ester Gums Price in Myanmar - 2022
Contents:
Ester Gums Price in Myanmar (CIF) - 2022
In 2022, the average ester gums import price amounted to $2,285 per ton, which is down by -29.7% against the previous year. Overall, the import price recorded a mild contraction. The growth pace was the most rapid in 2021 an increase of 129%. As a result, import price attained the peak level of $3,249 per ton, and then shrank dramatically in the following year.
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 the United States ($6,955 per ton), while the price for China ($517 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (-1.4%), while the prices for the other major suppliers experienced a decline.
Ester Gums Imports in Myanmar
In 2022, imports of ester gumses into Myanmar skyrocketed to 555 kg, growing by 106% on the year before. Overall, imports enjoyed slight growth.
In value terms, ester gums imports soared to $1.3K in 2022. In general, imports, however, showed a abrupt setback.
| Import of Ester Gums in Myanmar (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,259 | 173 | 754 | 932 | -9.5% |
| Thailand | 310 | 691 | 27.0 | 225 | -10.1% |
| Malaysia | 40.0 | 236 | 60.0 | 80.0 | 26.0% |
| China | 42.0 | 179 | 33.0 | 31.0 | -9.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,651 | 1,279 | 874 | 1,268 | -8.4% |
Top Suppliers of Ester Gums to Myanmar in 2022:
- Thailand (286.0 kg)
- United States (134.0 kg)
- Malaysia (75.0 kg)
- China (60.0 kg)
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