Price for Mineral Substances Not Elsewhere Specified or Included in Myanmar - 2022
Contents:
- Price for Mineral Substances Not Elsewhere Specified or Included in Myanmar (CIF) - 2022
- Price for Mineral Substances Not Elsewhere Specified or Included in Myanmar (FOB) - 2022
- Imports of Mineral Substances Not Elsewhere Specified or Included in Myanmar
- Exports of Mineral Substances Not Elsewhere Specified or Included in Myanmar
Price for Mineral Substances Not Elsewhere Specified or Included in Myanmar (CIF) - 2022
In 2022, the average import price for mineral substances not elsewhere specified or includeds amounted to $720 per ton, rising by 163% against the previous year. Overall, the import price saw prominent growth. Over the period under review, average import prices reached the peak figure at $1,056 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($812 per ton), while the price for Japan amounted to $510 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+33.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mineral Substances Not Elsewhere Specified or Included in Myanmar (FOB) - 2022
In 2022, the average export price for mineral substances not elsewhere specified or includeds amounted to $437 per ton, approximately mirroring the previous year. Overall, the export price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2021 a decrease of 99.9%. Over the period under review, the average export prices reached the maximum at $536 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for China.
From 2014 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +800.6% per year.
Imports of Mineral Substances Not Elsewhere Specified or Included in Myanmar
In 2022, the amount of mineral substances not elsewhere specified or includeds imported into Myanmar skyrocketed to 7.2 tons, jumping by 101% compared with 2021 figures. In general, imports, however, faced a sharp downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 228%. As a result, imports attained the peak of 150 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of mineral substances not elsewhere specified or includeds surged to $5.2K in 2022. Over the period under review, imports, however, continue to indicate a dramatic shrinkage.
| Import of Mineral Substances Not Elsewhere Specified or Included in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 21.9 | 61.3 | 0.3 | 4.1 | -42.8% |
| Japan | N/A | N/A | N/A | 1.1 | 0% |
| India | N/A | 9.1 | N/A | N/A | 0% |
| Others | 2.8 | N/A | 0.7 | N/A | -50.0% |
| Total | 24.7 | 70.4 | 1.0 | 5.2 | -40.5% |
Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Myanmar in 2022:
- China (5.0 tons)
- Japan (2.2 tons)
Exports of Mineral Substances Not Elsewhere Specified or Included in Myanmar
Exports of mineral substances not elsewhere specified or includeds from Myanmar was estimated at 103 kg in 2022, remaining relatively unchanged against 2021 figures. Overall, exports recorded a dramatic curtailment. The smallest decline of 99.9% was in 2021.
In value terms, exports of mineral substances not elsewhere specified or includeds totaled $45 in 2022. Over the period under review, exports saw a dramatic downturn. The smallest decline of 99.9% was in 2021.
| Export of Mineral Substances Not Elsewhere Specified or Included in Myanmar (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| China | 78.0 | N/A | 39.0 | -29.3% | |
| Others | 2.0 | N/A | 6.0 | 73.2% | |
| Total | 80.0 | N/A | 45.0 | -25.0% | |
Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Myanmar in 2022:
- China (97.0 kg)
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