Price for Vinyl Chloride, Other Halogenated Olefin Polymers; Vinylidene Chloride Polymers, in Primary Forms in Myanmar - 2022

Contents:

  1. Price for Vinyl Chloride, Other Halogenated Olefin Polymers; Vinylidene Chloride Polymers, in Primary Forms in Myanmar (CIF) - 2022
  2. Imports of Vinyl Chloride, Other Halogenated Olefin Polymers; Vinylidene Chloride Polymers, in Primary Forms in Myanmar

Price for Vinyl Chloride, Other Halogenated Olefin Polymers; Vinylidene Chloride Polymers, in Primary Forms in Myanmar (CIF) - 2022

The average import price for vinyl chloride, other halogenated olefin polymers; vinylidene chloride polymers, in primary formses stood at $3,115 per ton in 2022, surging by 6.2% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 64% against the previous year. The import price peaked at $3,407 per ton in 2014; however, from 2015 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 Malaysia ($16,166 per ton), while the price for Singapore ($566 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+32.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Vinyl Chloride, Other Halogenated Olefin Polymers; Vinylidene Chloride Polymers, in Primary Forms in Myanmar

For the third year in a row, Myanmar recorded decline in purchases abroad of vinyl chloride, other halogenated olefin polymers; vinylidene chloride polymers, in primary formses, which decreased by -2.4% to 18 tons in 2022. Overall, imports continue to indicate a pronounced reduction. The smallest decline of -2.3% was in 2021.

In value terms, imports of vinyl chloride, other halogenated olefin polymers; vinylidene chloride polymers, in primary formses rose slightly to $57K in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 3.7% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Vinyl Chloride, Other Halogenated Olefin Polymers; Vinylidene Chloride Polymers, in Primary Forms in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China35.636.537.438.12.3%
Malaysia8.09.310.712.315.4%
Thailand5.65.55.35.2-2.4%
Singapore1.71.51.41.2-11.0%
OthersN/AN/AN/AN/A0%
Total50.952.854.856.83.7%

Top Suppliers of Vinyl Chloride, Other Halogenated Olefin Polymers; Vinylidene Chloride Polymers, in Primary Forms to Myanmar in 2022:

  1. China (14.3 tons)
  2. Singapore (2.2 tons)
  3. Thailand (1.0 tons)
  4. Malaysia (0.8 tons)

Source: IndexBox Market Intelligence Platform

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