Salts; Molybdates Price in Myanmar - 2022
Contents:
Salts; Molybdates Price in Myanmar (CIF) - 2022
The average salts; molybdates import price stood at $211,500 per ton in 2022, increasing by 781% against the previous year. Overall, the import price recorded a significant expansion. The most prominent rate of growth was recorded in 2018 an increase of 4,921%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +44.9% per year.
Salts; Molybdates Imports in Myanmar
In 2022, the amount of salts; molybdateses imported into Myanmar fell rapidly to 8 kg, waning by -63.6% compared with 2021. In general, imports faced a dramatic descent. The growth pace was the most rapid in 2021 with an increase of 1,000% against the previous year.
In value terms, salts; molybdates imports soared to $1.7K in 2022. Over the period under review, imports, however, showed a slight increase. The pace of growth appeared the most rapid in 2021 when imports increased by 316% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Salts; Molybdates in Myanmar (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | 127 | N/A | 1,692 | 265.0% |
| Thailand | N/A | N/A | 528 | N/A | 0% |
| Belgium | 1,614 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,614 | 127 | 528 | 1,692 | 1.6% |
Top Suppliers of Salts; Molybdates to Myanmar in 2022:
- India (8.0 kg)
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