Price for Cork; Natural Cork, Raw or Simply Prepared in Myanmar - 2023
Contents:
- Price for Cork; Natural Cork, Raw or Simply Prepared in Myanmar (CIF) - 2022
- Imports of Cork; Natural Cork, Raw or Simply Prepared in Myanmar
Price for Cork; Natural Cork, Raw or Simply Prepared in Myanmar (CIF) - 2022
In 2022, the average import price for cork; natural cork, raw or simply prepareds amounted to $3,190 per ton, waning by -5.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 4.2%. As a result, import price reached the peak level of $3,360 per ton, and then declined in the following year.
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 ($3,360 per ton), while the price for China stood at $2,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+2.1%).
Imports of Cork; Natural Cork, Raw or Simply Prepared in Myanmar
After two years of decline, supplies from abroad of cork; natural cork, raw or simply prepareds increased by 433% to 1.6 tons in 2022. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of cork; natural cork, raw or simply prepareds soared to $5.1K in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cork; Natural Cork, Raw or Simply Prepared in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 0.5 | 0.5 | 0.4 | 4.7 | 111.0% |
| China | 1.1 | 0.8 | 0.6 | 0.4 | -28.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.6 | 1.4 | 1.0 | 5.1 | 47.2% |
Top Suppliers of Cork; Natural Cork, Raw or Simply Prepared to Myanmar in 2022:
- Thailand (1400.0 kg)
- China (200.0 kg)
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