Carbonates; Potassium Carbonate Price in Myanmar - 2022
Contents:
- Carbonates; Potassium Carbonate Price in Myanmar (CIF) - 2022
- Carbonates; Potassium Carbonate Imports in Myanmar
Carbonates; Potassium Carbonate Price in Myanmar (CIF) - 2022
The average carbonates; potassium carbonate import price stood at $1,056 per ton in 2022, dropping by -2.3% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 72% against the previous year. As a result, import price reached the peak level of $1,281 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +26.4% per year.
Carbonates; Potassium Carbonate Imports in Myanmar
In 2022, overseas purchases of carbonates; potassium carbonates decreased by -98.8% to 3.4 tons, falling for the second year in a row after two years of growth. Overall, imports showed a precipitous contraction. The growth pace was the most rapid in 2020 when imports increased by 220%. As a result, imports attained the peak of 286 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, carbonates; potassium carbonate imports declined remarkably to $3.6K in 2022. In general, imports showed a significant decrease. The growth pace was the most rapid in 2020 when imports increased by 204%.
| Import of Carbonates; Potassium Carbonate in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 57.2 | 235 | 244 | 3.6 | -60.2% |
| Thailand | 27.4 | 21.9 | 64.9 | N/A | 53.9% |
| Others | N/A | 0.2 | 0.2 | N/A | 0.0% |
| Total | 84.6 | 257 | 309 | 3.6 | -65.1% |
Top Suppliers of Carbonates; Potassium Carbonate to Myanmar in 2022:
- China (3.4 tons)
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