Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Myanmar - 2023
Contents:
- Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Myanmar (CIF) - 2022
- Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Myanmar
Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Myanmar (CIF) - 2022
The average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $4,731 per ton in 2022, surging by 22% against the previous year. Overall, the import price, however, saw a pronounced curtailment. The pace of growth appeared the most rapid in 2017 when the average import price increased by 28%. As a result, import price reached the peak level of $7,029 per ton. From 2018 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 Thailand ($5,931 per ton), while the price for Germany ($3,250 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+150.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Myanmar
For the third year in a row, Myanmar recorded decline in supplies from abroad of alcohols; aromatic alcohols and derivatives, benzyl alcohol, which decreased by -1% to 32 tons in 2022. Overall, imports saw a abrupt curtailment.
In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol surged to $152K in 2022. Over the period under review, imports saw a pronounced curtailment.
| Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | N/A | 3.6 | N/A | 69.7 | 340.0% |
| Germany | 58.4 | 81.0 | 55.0 | 38.2 | -13.2% |
| United States | 83.0 | 56.5 | 69.6 | 34.0 | -25.7% |
| India | N/A | 4.7 | 0.7 | 9.6 | 42.9% |
| China | 10.3 | 11.3 | N/A | N/A | 9.7% |
| Others | 12.3 | 0.1 | N/A | N/A | -99.2% |
| Total | 164 | 157 | 125 | 152 | -2.5% |
Top Suppliers of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol to Myanmar in 2022:
- Germany (11.8 tons)
- Thailand (11.8 tons)
- United States (6.3 tons)
- India (2.2 tons)
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This report provides an in-depth analysis of the aromatic alcohols market in Myanmar.
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