Price for Monophenols; Cresols and Their Salts in Myanmar - 2022
Contents:
- Price for Monophenols; Cresols and Their Salts in Myanmar (CIF) - 2022
- Imports of Monophenols; Cresols and Their Salts in Myanmar
Price for Monophenols; Cresols and Their Salts in Myanmar (CIF) - 2022
In 2022, the average import price for monophenols; cresols and their saltses amounted to $2,770 per ton, falling by -29.4% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 96% against the previous year. As a result, import price reached the peak level of $3,925 per ton, and then contracted remarkably in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($2,770 per ton), while the price for India stood at $2,039 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.1%).
Imports of Monophenols; Cresols and Their Salts in Myanmar
In 2022, approx. 11 tons of monophenols; cresols and their saltses were imported into Myanmar; picking up by 25% on the previous year. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +16.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 89% against the previous year. As a result, imports reached the peak of 13 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, monophenols; cresols and their salts imports dropped to $30K in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31%. As a result, imports reached the peak of $34K, and then dropped in the following year.
| Import of Monophenols; Cresols and Their Salts in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.7 | 18.1 | 34.4 | 30.4 | 13.7% |
| Indonesia | N/A | 8.3 | N/A | N/A | 0% |
| Others | 0.3 | N/A | 0.1 | N/A | -42.3% |
| Total | 21.0 | 26.4 | 34.5 | 30.4 | 13.1% |
Top Suppliers of Monophenols; Cresols and Their Salts to Myanmar in 2022:
- China (11.0 tons)
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