Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Myanmar - 2023
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Myanmar (CIF) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Myanmar
Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Myanmar (CIF) - 2022
The average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses stood at $977 per ton in 2022, rising by 27% against the previous year. Over the period under review, the import price, however, showed a abrupt setback. The growth pace was the most rapid in 2017 when the average import price increased by 52% against the previous year. Over the period under review, average import prices attained the maximum at $2,243 per ton in 2012; however, from 2013 to 2022, 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 Thailand ($1,005 per ton), while the price for India ($572 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+13.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Myanmar
After two years of growth, overseas purchases of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses decreased by -43.1% to 169 tons in 2022. In general, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 36%. As a result, imports attained the peak of 298 tons, and then fell rapidly in the following year.
In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses declined significantly to $165K in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 36%. As a result, imports attained the peak of $229K, and then declined remarkably in the following year.
| Import of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Thailand | N/A | 76.1 | 154 | 102.4% | |
| India | 68.9 | 153 | 5.8 | -71.0% | |
| South Korea | N/A | N/A | 5.5 | 0% | |
| Qatar | 82.7 | N/A | N/A | 0% | |
| Others | 16.6 | N/A | N/A | 0% | |
| Total | 168 | 229 | 165 | -0.9% | |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids to Myanmar in 2022:
- Thailand (153.5 tons)
- India (10.1 tons)
- South Korea (5.7 tons)
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