Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Myanmar - 2022

Contents:

  1. Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Myanmar (CIF) - 2022
  2. Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Myanmar

Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Myanmar (CIF) - 2022

The average import price for propylene, other olefin polymers; propylene copolymers in primary formses stood at $996 per ton in 2022, standing approx. at the previous year. Over the period under review, the import price recorded a abrupt descent. The pace of growth appeared the most rapid in 2017 when the average import price increased by 67%. Over the period under review, average import prices attained the peak figure at $1,828 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($996 per ton), while the price for the United States ($762 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Myanmar

In 2022, approx. 1.6K tons of propylene, other olefin polymers; propylene copolymers in primary formses were imported into Myanmar; waning by -34% on 2021 figures. Over the period under review, imports faced a dramatic contraction. The smallest decline of -30.8% was in 2021.

In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses dropped notably to $1.6M in 2022. In general, imports recorded a sharp downturn. The smallest decline of -32.6% was in 2021.

Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore1,0359276011,1012.1%
Thailand18476.323737626.9%
United States1,19669.281.422.3-73.5%
South Korea32032.9N/AN/A-89.7%
United Arab Emirates1,3551,5481,341N/A-0.5%
Saudi Arabia1,77878668.7N/A-80.3%
Others99.056.428.754.3-18.1%
Total5,9683,4962,3581,554-36.1%

Top Suppliers of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms to Myanmar in 2022:

  1. Singapore (1129.5 tons)
  2. Thailand (378.0 tons)
  3. United States (29.3 tons)

Source: IndexBox Market Intelligence Platform

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