Price for Ivory and Articles Thereof; Worked in Myanmar - 2022

Contents:

1. Price for Ivory and Articles Thereof; Worked in Myanmar (CIF) - 2022
2. Imports of Ivory and Articles Thereof; Worked in Myanmar

Price for Ivory and Articles Thereof; Worked in Myanmar (CIF) - 2022

The average import price for ivory and articles thereof; worked stood at $352 per ton in 2022, jumping by 65% against the previous year. In general, the import price, however, showed a sharp downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 389% against the previous year. Over the period under review, average import prices reached the maximum at $4,859 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 China ($517 per ton), while the price for Thailand ($156 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+15.6%), while the prices for the other major suppliers experienced a decline.

Imports of Ivory and Articles Thereof; Worked in Myanmar

After two years of decline, overseas purchases of ivory and articles thereof; worked decreased by -69.7% to 1.8 tons in 2022. Overall, imports saw a precipitous descent.

In value terms, ivory and articles thereof; worked imports fell remarkably to $632 in 2022. In general, imports recorded a precipitous decline.

Top Suppliers of Ivory and Articles Thereof; Worked to Myanmar in 2022:

1. Singapore (1385.0 kg)
2. China (285.0 kg)
3. Thailand (123.0 kg)

Source: IndexBox Market Intelligence Platform