Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Myanmar - 2022

Contents:

1. Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Myanmar (CIF) - 2022
2. Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Myanmar (FOB) - 2022
3. Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Myanmar
4. Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Myanmar

Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Myanmar (CIF) - 2022

The average import price for polymers of vinyl chloride or of other halogenated olefins, in primary formses stood at $814 per ton in December 2022, with an increase of 10% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.2%. The pace of growth was the most pronounced in March 2022 when the average import price increased by 16% m-o-m. Over the period under review, average import prices hit record highs at $853 per ton in August 2022; however, from September 2022 to December 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In December 2022, the country with the highest price was China ($914 per ton), while the price for Thailand ($687 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Thailand (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Myanmar (FOB) - 2022

The average export price for polymers of vinyl chloride or of other halogenated olefins, in primary formses stood at $160 per ton in 2022, shrinking by -73% against the previous year. Over the period under review, the export price saw a dramatic slump. The pace of growth was the most pronounced in 2013 an increase of 129%. Over the period under review, the average export prices reached the peak figure at $4,894 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Indonesia.

From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +56.6% per year.

Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Myanmar

In 2022, the amount of polymers of vinyl chloride or of other halogenated olefins, in primary formses imported into Myanmar skyrocketed to 82K tons, growing by 45% compared with the year before. Overall, total imports indicated moderate growth from 2019 to 2022: its volume increased at an average annual rate of +2.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.5% against 2020 indices.

In value terms, imports of polymers of vinyl chloride or of other halogenated olefins, in primary formses surged to $64M in 2022. In general, total imports indicated tangible growth from 2019 to 2022: its value increased at an average annual rate of +2.1% 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 -3.5% against 2020 indices.

Top Suppliers of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms to Myanmar in 2022:

1. Thailand (39.3K tons)
2. China (33.7K tons)
3. Taiwan (Chinese) (5.6K tons)
4. Indonesia (1.3K tons)

Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Myanmar

In 2022, shipments abroad of polymers of vinyl chloride or of other halogenated olefins, in primary formses decreased by -85.7% to 27 tons, falling for the second consecutive year after two years of growth. Overall, exports showed a sharp curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 307% against the previous year. As a result, the exports reached the peak of 299 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of polymers of vinyl chloride or of other halogenated olefins, in primary formses plummeted to $4.3K in 2022. In general, exports faced a sharp curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 252% against the previous year. As a result, the exports reached the peak of $182K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms from Myanmar in 2022:

1. Indonesia (27.0 tons)

Source: IndexBox Market Intelligence Platform