Price for Inorganic Acids; Other than Hydrogen Fluoride in Myanmar - 2022
Contents:
- Price for Inorganic Acids; Other than Hydrogen Fluoride in Myanmar (CIF) - 2022
- Imports of Inorganic Acids; Other than Hydrogen Fluoride in Myanmar
Price for Inorganic Acids; Other than Hydrogen Fluoride in Myanmar (CIF) - 2022
In 2022, the average import price for inorganic acids; other than hydrogen fluorides amounted to $1,521 per ton, shrinking by -14.9% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 199%. As a result, import price reached the peak level of $3,031 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,817 per ton), while the price for India ($667 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Inorganic Acids; Other than Hydrogen Fluoride in Myanmar
In 2022, imports of inorganic acids; other than hydrogen fluorides into Myanmar fell to 276 tons, approximately reflecting the previous year. Over the period under review, imports recorded a sharp curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 29%.
In value terms, imports of inorganic acids; other than hydrogen fluorides declined notably to $419K in 2022. In general, imports recorded a dramatic slump. The smallest decline of -11% was in 2021.
| Import of Inorganic Acids; Other than Hydrogen Fluoride in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8,611 | 414 | 382 | 224 | -70.4% |
| Taiwan (Chinese) | 17.5 | 17.5 | 64.3 | 66.7 | 56.2% |
| South Korea | 64.8 | 64.8 | N/A | 64.8 | 0.0% |
| India | 15.5 | 1.0 | 18.5 | 55.0 | 52.5% |
| Thailand | 54.6 | N/A | 11.5 | 8.6 | -46.0% |
| Others | 6.5 | 58.1 | 18.0 | 0.1 | -75.1% |
| Total | 8,770 | 555 | 494 | 419 | -63.7% |
Top Suppliers of Inorganic Acids; Other than Hydrogen Fluoride to Myanmar in 2022:
- India (82.5 tons)
- China (79.5 tons)
- Taiwan (Chinese) (78.0 tons)
- South Korea (25.6 tons)
- Thailand (10.1 tons)
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