Liquefied Propane Price in Myanmar - 2022

Liquefied Propane Price in Myanmar (CIF) - 2022

In 2022, the average liquefied propane import price amounted to $611 per ton, leveling off at the previous year. Over the period under review, the import price saw a abrupt slump. The pace of growth appeared the most rapid in 2021 when the average import price increased by 14% against the previous year. Over the period under review, average import prices reached the peak figure at $1,127 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -5.9% per year.

Liquefied Propane Imports in Myanmar

Liquefied propane imports into Myanmar surged to 17K tons in 2022, rising by 250% on 2021 figures. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, liquefied propane imports surged to $10M in 2022. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.