Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Myanmar - 2022

Contents:

  1. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Myanmar (CIF) - 2022
  2. Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Myanmar

Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Myanmar (CIF) - 2022

In 2022, the average import price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $8,417 per ton, with a decrease of -9.4% against the previous year. Overall, the import price showed a deep setback. The most prominent rate of growth was recorded in 2015 an increase of 146%. The import price peaked at $16,844 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($9,393 per ton), while the price for Germany ($3,940 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+22.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Myanmar

Imports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses into Myanmar surged to 293 tons in 2022, with an increase of 42% compared with the previous year's figure. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses surged to $2.5M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.6% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8701,1491,3311,72725.7%
India33632138252215.8%
ThailandN/A12.20.369.7139.0%
Germany58.411287.049.1-5.6%
United States83.056.569.634.0-25.7%
Others16013442.064.8-26.0%
Total1,5071,7851,9112,46617.8%

Top Suppliers of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to Myanmar in 2022:

  1. China (204.6 tons)
  2. India (55.5 tons)
  3. Germany (12.5 tons)
  4. Thailand (11.8 tons)
  5. United States (6.3 tons)

Source: IndexBox Market Intelligence Platform

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