Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Myanmar - 2023

Contents:

  1. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Myanmar (CIF) - 2023
  2. Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Myanmar

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Myanmar (CIF) - 2023

In December 2023, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $11,400 per ton, approximately mirroring the previous month. Overall, the import price saw a noticeable setback. The pace of growth appeared the most rapid in May 2023 an increase of 161% against the previous month. The import price peaked at $18,338 per ton in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($15,000 per ton), while the price for India amounted to $6,000 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (-0.5%).

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Myanmar

In 2022, supplies from abroad of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol increased by 3.3% to 2 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a noticeable shrinkage.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol expanded sharply to $22K in 2022. Overall, imports, however, showed a drastic downturn.

Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19.117.014.315.9-5.9%
India7.44.74.14.6-14.7%
Japan2.71.50.51.1-25.9%
Singapore0.50.50.40.50.0%
Others0.20.60.4N/A41.4%
Total29.924.319.822.0-9.7%

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol to Myanmar in 2022:

  1. China (1429.0 kg)
  2. India (528.0 kg)
  3. Japan (31.0 kg)
  4. Singapore (28.0 kg)

Source: IndexBox Market Intelligence Platform

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