Price for Hydroxide and Peroxide of Magnesium in Myanmar - 2022
Contents:
- Price for Hydroxide and Peroxide of Magnesium in Myanmar (CIF) - 2022
- Imports of Hydroxide and Peroxide of Magnesium in Myanmar
Price for Hydroxide and Peroxide of Magnesium in Myanmar (CIF) - 2022
In 2022, the average import price for hydroxide and peroxide of magnesia amounted to $303 per ton, dropping by -9.2% against the previous year. Over the period under review, the import price faced a deep reduction. The pace of growth appeared the most rapid in 2019 when the average import price increased by 95%. Over the period under review, average import prices attained the peak figure at $1,823 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 India ($1,200 per ton), while the price for China totaled $256 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+10.2%), while the prices for the other major suppliers experienced a decline.
Imports of Hydroxide and Peroxide of Magnesium in Myanmar
For the fourth consecutive year, Myanmar recorded growth in overseas purchases of hydroxide and peroxide of magnesia, which increased by 6.8% to 731 tons in 2022. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 465% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, hydroxide and peroxide of magnesium imports declined to $221K in 2022. Over the period under review, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when imports increased by 169%.
| Import of Hydroxide and Peroxide of Magnesium in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 30.0 | 139 | 208 | 178 | 81.0% |
| India | 19.4 | 39.4 | 20.3 | 43.2 | 30.6% |
| Japan | 21.6 | 13.0 | N/A | N/A | -39.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 71.0 | 191 | 228 | 221 | 46.0% |
Top Suppliers of Hydroxide and Peroxide of Magnesium to Myanmar in 2022:
- China (695.3 tons)
- India (36.0 tons)
263
This report provides an in-depth analysis of the market for magnesium hydroxide and peroxide in Myanmar.
728
This report provides an in-depth analysis of the global market for magnesium hydroxide and peroxide.
263
This report provides an in-depth analysis of the market for magnesium hydroxide and peroxide in Myanmar.
728
This report provides an in-depth analysis of the global market for magnesium hydroxide and peroxide.
1320
In value terms, hydroxides and magnesium peroxides imports amounted to $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average ann...
752
In value terms, hydroxides and magnesium peroxides exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the t...
1320
In value terms, hydroxides and magnesium peroxides imports amounted to $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average ann...
752
In value terms, hydroxides and magnesium peroxides exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the t...
