Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Myanmar - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Myanmar (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Myanmar
Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Myanmar (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates amounted to $1,422 per ton, surging by 14% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 97% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
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 Malaysia ($2,041 per ton), while the price for Singapore ($1,139 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Myanmar
Imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates into Myanmar surged to 440 tons in 2022, increasing by 86% compared with 2021 figures. Over the period under review, imports posted a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates skyrocketed to $625K in 2022. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 71.4 | 62.2 | 76.6 | 177 | 35.3% |
| China | 107 | 53.7 | 33.2 | 166 | 15.8% |
| Indonesia | 29.7 | 110 | 157 | 153 | 72.7% |
| Malaysia | N/A | 34.6 | 17.3 | 129 | 93.1% |
| Thailand | N/A | 30.4 | 11.0 | N/A | -63.8% |
| Vietnam | 24.6 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 232 | 291 | 295 | 625 | 39.1% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate to Myanmar in 2022:
- Singapore (155.3 tons)
- Indonesia (115.2 tons)
- China (106.0 tons)
- Malaysia (63.0 tons)
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