Price for Poly(Lactic Acid); in Primary Forms in Myanmar - 2023
Contents:
- Price for Poly(Lactic Acid); in Primary Forms in Myanmar (CIF) - 2022
- Imports of Poly(Lactic Acid); in Primary Forms in Myanmar
Price for Poly(Lactic Acid); in Primary Forms in Myanmar (CIF) - 2022
In 2022, the average import price for poly(lactic acid); in primary formses amounted to $1,647 per ton, declining by -5.3% against the previous year. Overall, the import price showed a abrupt curtailment. The growth pace was the most rapid in 2021 an increase of 455% against the previous year. Over the period under review, average import prices hit record highs at $3,504 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -7.1% per year.
Imports of Poly(Lactic Acid); in Primary Forms in Myanmar
In 2022, overseas purchases of poly(lactic acid); in primary formses decreased by -6.1% to 371 kg, falling for the second year in a row after two years of growth. Overall, imports recorded a sharp contraction. The pace of growth was the most pronounced in 2020 when imports increased by 79%. As a result, imports attained the peak of 4.4 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, poly(lactic acid); in primary forms imports dropped to $611 in 2022. Over the period under review, imports continue to indicate a sharp decrease.
| Import of Poly(Lactic Acid); in Primary Forms in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.2 | 0.1 | 0.7 | 0.6 | -51.3% |
| France | N/A | 0.6 | N/A | N/A | 0% |
| Others | N/A | 0.6 | N/A | N/A | 0% |
| Total | 5.2 | 1.4 | 0.7 | 0.6 | -51.3% |
Top Suppliers of Poly(Lactic Acid); in Primary Forms to Myanmar in 2022:
- China (371.0 kg)
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