Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Myanmar - 2022

Contents:

1. Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Myanmar (CIF) - 2022
2. Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Myanmar (FOB) - 2022
3. Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Myanmar
4. Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Myanmar

Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Myanmar (CIF) - 2022

In 2022, the average import price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $1,418 per ton, surging by 16% against the previous year. Over the period under review, the import price, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2020 an increase of 23%. Over the period under review, average import prices reached the maximum at $4,989 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($5,675 per ton), while the price for China ($794 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+0.8%), while the prices for the other major suppliers experienced a decline.

Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Myanmar (FOB) - 2022

In 2022, the average export price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $6,838 per ton, jumping by 104% against the previous year. Overall, the export price continues to indicate significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($7,132 per ton), while the average price for exports to Malaysia amounted to $3,500 per ton.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+57.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Myanmar

After two years of decline, overseas purchases of paints and varnishes, based on polyesters, non-aqueous medium increased by 0.6% to 1.6K tons in 2022. Overall, imports, however, showed a abrupt slump.

In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium soared to $2.3M in 2022. In general, imports, however, saw a abrupt curtailment.

Top Suppliers of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium to Myanmar in 2022:

1. Thailand (1060.1 tons)
2. China (324.7 tons)
3. Malaysia (137.3 tons)
4. Japan (35.1 tons)
5. Singapore (33.1 tons)

Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Myanmar

In 2022, after three years of growth, there was significant decline in overseas shipments of paints and varnishes, based on polyesters, non-aqueous medium, when their volume decreased by -97.2% to 148 kg. Overall, exports showed a significant contraction. The pace of growth appeared the most rapid in 2020 with an increase of 196% against the previous year.

In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium dropped rapidly to $1K in 2022. Over the period under review, exports continue to indicate a abrupt slump. The growth pace was the most rapid in 2020 with an increase of 413% against the previous year.

Top Export Markets for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium from Myanmar in 2022:

1. Thailand (136.0 kg)
2. Malaysia (12.0 kg)

Source: IndexBox Market Intelligence Platform