Mullite Price in Myanmar - 2022
Contents:
Mullite Price in Myanmar (CIF) - 2022
The average mullite import price stood at $650 per ton in 2022, picking up by 5.6% against the previous year. Over the period under review, the import price saw resilient growth. The most prominent rate of growth was recorded in 2017 an increase of 37% against the previous year. Over the period under review, average import prices attained the maximum at $747 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
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 China amounted to +7.8% per year.
Mullite Imports in Myanmar
In 2022, the amount of mullites imported into Myanmar skyrocketed to 13 tons, jumping by 26% on the previous year. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, mullite imports soared to $8.6K in 2022. Over the period under review, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 50%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Mullite in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.2 | 4.3 | 6.5 | 8.6 | 18.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.2 | 4.3 | 6.5 | 8.6 | 18.3% |
Top Suppliers of Mullite to Myanmar in 2022:
- China (13.3 tons)
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