Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Myanmar - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Myanmar (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Myanmar
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Myanmar (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $1,984 per ton, rising by 6.2% against the previous year. Over the period under review, the import price, however, saw a noticeable contraction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 41% against the previous year. Over the period under review, average import prices attained the maximum at $2,659 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 Singapore ($2,957 per ton), while the price for the United States stood at $1,918 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+7.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Myanmar
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses imported into Myanmar shrank rapidly to 188 tons, dropping by -39.4% compared with the previous year's figure. In general, imports recorded a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 16%.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses shrank remarkably to $373K in 2022. Over the period under review, imports showed a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year.
Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Myanmar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 105 | 86.4 | 533 | 337 | 47.5% |
Singapore | 416 | 369 | 28.8 | 35.5 | -56.0% |
South Korea | 37.8 | N/A | N/A | N/A | 0% |
China | 16.2 | N/A | 1.4 | N/A | -70.6% |
Saudi Arabia | 52.4 | N/A | N/A | N/A | 0% |
Others | 25.8 | 29.8 | 16.3 | N/A | -20.5% |
Total | 653 | 485 | 579 | 373 | -17.0% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to Myanmar in 2022:
- United States (175.9 tons)
- Singapore (12.0 tons)
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