Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Myanmar - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Myanmar (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Myanmar
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Myanmar (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses amounted to $599 per ton, declining by -23.5% against the previous year. Overall, the import price showed a pronounced shrinkage. The growth pace was the most rapid in 2021 an increase of 78% against the previous year. Over the period under review, average import prices reached the maximum at $1,151 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
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 Vietnam ($3,037 per ton), while the price for China stood at $551 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+59.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Myanmar
For the fourth year in a row, Myanmar recorded growth in supplies from abroad of acids; saturated acyclic monocarboxylic acids; salts of formic acidses, which increased by 73% to 342 tons in 2022. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 230% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses soared to $205K in 2022. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 240%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
Import of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Myanmar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 8.3 | 44.9 | 106 | 184 | 180.9% |
Vietnam | N/A | N/A | 27.1 | 10.9 | -59.8% |
Others | 9.5 | 0.5 | 21.5 | 9.4 | -0.4% |
Total | 17.9 | 45.4 | 154 | 205 | 125.4% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids to Myanmar in 2022:
- China (334.2 tons)
- Vietnam (3.6 tons)
This report provides an in-depth analysis of the market for formic acid, its salts and esters in Myanmar.
This report provides an in-depth analysis of the market for saturated acyclic monocarboxylic acids in Myanmar.
This report provides an in-depth analysis of the market for mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids in Myanmar.
This report provides an in-depth analysis of the market for esters of acetic acid (excluding ethyl acetate) in Myanmar.
This report provides an in-depth analysis of the market for salts of acetic acid in Myanmar.
This report provides an in-depth analysis of the market for palmitic acid, stearic acid, their salts and esters in Myanmar.
This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in Myanmar.
This report provides an in-depth analysis of the ethyl acetate market in Myanmar.
This report provides an in-depth analysis of the acetic anhydride market in Myanmar.
This report provides an in-depth analysis of the acetic acid market in Myanmar.
Saturated Acyclic Monocarboxylic Acids are important chemical compounds used in various industries, including pharmaceuticals, cosmetics, and chemical manufacturing. In this article, we explore the world's best import markets for saturated acyclic monocarboxylic acids, backed by data and key statistics from the IndexBox market intelligence platform. Belgium leads the way as the largest importer, followed by India, Germany, China, and the United States. The Netherlands, Italy, Japan, Mexico, and Spain also play significant roles. Learn more about this vibrant and dynamic import market.
Global acyclic acid imports stood at X tons in 2016, coming down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period from...
Global acyclic acid imports stood at X tons in 2016, coming down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period from...
Explore the top import markets for Esters Of Acetic Acid (excluding Ethyl Acetate) in 2023. Learn about the key countries driving the global market for esters of acetic acid.
In value terms, phosphoric esters and their salts imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated ...
In value terms, esters of other inorganic acids imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indica...
In value terms, phosphoric esters and their salts exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the tre...
In value terms, esters of other inorganic acids exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend...
Learn about the expected growth in the global acetic acid market over the next seven years, driven by increasing demand. Market volume is projected to reach 6.8M tons and market value to reach $4.9B by 2030.
In value terms, acetals and hemiacetals imports totaled $X in 2016. Overall, acetals and hemiacetals imports continue to indicate a mild deduction. Over the period under review, global acetals and h...