Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Myanmar - 2022
Contents:
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Myanmar (CIF) - 2022
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Myanmar (FOB) - 2022
- Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Myanmar
- Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Myanmar
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Myanmar (CIF) - 2022
The average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium stood at $849 per ton in 2022, with a decrease of -31.2% against the previous year. Overall, the import price continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2017 an increase of 31%. Over the period under review, average import prices attained the maximum at $1,676 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Germany ($4,676 per ton), while the price for China ($733 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (-2.1%), while the prices for the other major suppliers experienced a decline.
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Myanmar (FOB) - 2022
The average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium stood at $1,885 per ton in 2022, approximately mirroring the previous year. Overall, the export price saw a sharp slump. The pace of growth was the most pronounced in 2021 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices reached the peak figure at $13,000 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($3,306 per ton), while the average price for exports to Thailand totaled $97 per ton.
From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (-30.3%).
Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Myanmar
In 2022, purchases abroad of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium was finally on the rise to reach 1.9K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a abrupt curtailment.
In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium surged to $1.7M in 2022. Over the period under review, imports, however, continue to indicate a precipitous decline.
| Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 1,680 | 1,346 | 280 | 810 | -21.6% |
| China | 1,033 | 866 | 164 | 496 | -21.7% |
| Germany | 2.9 | 8.4 | 73.6 | 143 | 266.7% |
| Vietnam | 166 | 198 | 115 | 71.0 | -24.7% |
| Singapore | 240 | 305 | 107 | 70.4 | -33.6% |
| Malaysia | 188 | 52.2 | 8.8 | 40.2 | -40.2% |
| Taiwan (Chinese) | 45.4 | 92.6 | 18.9 | N/A | -35.5% |
| Others | 115 | 247 | 317 | 20.1 | -44.1% |
| Total | 3,470 | 3,115 | 1,084 | 1,651 | -21.9% |
Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium to Myanmar in 2022:
- Thailand (1074.3 tons)
- China (676.9 tons)
- Vietnam (72.7 tons)
- Singapore (49.5 tons)
- Malaysia (33.1 tons)
- Germany (30.6 tons)
Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Myanmar
Exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium from Myanmar amounted to 1.3 tons in 2022, stabilizing at the year before. Overall, exports showed a strong expansion. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium totaled $2.4K in 2022. Over the period under review, exports continue to indicate a precipitous setback. The smallest decline of 99.9% was in 2021.
| Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Singapore | 4.7 | N/A | 2.3 | -30.0% | |
| Thailand | N/A | N/A | 0.1 | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 4.7 | N/A | 2.4 | -28.5% | |
Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium from Myanmar in 2022:
- Singapore (697.0 kg)
- Thailand (554.0 kg)
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