Alkali Metals; Sodium Price in Myanmar - 2022
Contents:
Alkali Metals; Sodium Price in Myanmar (CIF) - 2022
The average alkali metals; sodium import price stood at $936 per ton in 2022, shrinking by -54.6% against the previous year. Over the period under review, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 89% against the previous year. Over the period under review, average import prices attained the maximum at $2,448 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($2,096 per ton), while the price for China stood at $931 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Alkali Metals; Sodium Imports in Myanmar
Alkali metals; sodium imports into Myanmar contracted dramatically to 4.5 tons in 2022, falling by -53.4% compared with the previous year. Over the period under review, imports continue to indicate a significant decline. The smallest decline of -47.7% was in 2020.
In value terms, alkali metals; sodium imports dropped markedly to $4.3K in 2022. In general, imports recorded a significant contraction. The smallest decline of -37% was in 2020.
Import of Alkali Metals; Sodium in Myanmar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 30.4 | 14.4 | 3.0 | 4.2 | -48.3% |
South Korea | 3.6 | 0.7 | 0.1 | N/A | -83.3% |
Thailand | 21.9 | 19.3 | 10.8 | N/A | -29.8% |
India | 20.9 | 14.2 | 6.1 | N/A | -46.0% |
Others | 0.4 | N/A | 0.1 | N/A | -50.0% |
Total | 77.2 | 48.6 | 20.1 | 4.3 | -61.8% |
Top Suppliers of Alkali Metals; Sodium to Myanmar in 2022:
- South Korea (undefined tons)
- China (4.5 tons)
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