Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Myanmar - 2023

Contents:

  1. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Myanmar (CIF) - 2022
  2. Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Myanmar

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Myanmar (CIF) - 2022

In 2022, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $14,815 per ton, picking up by 104% against the previous year. Overall, the import price recorded a significant expansion. The pace of growth appeared the most rapid in 2013 an increase of 1,163%. As a result, import price attained the peak level of $25,911 per ton. From 2014 to 2022, the average 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 Germany ($79,846 per ton), while the price for China totaled $4,803 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.4%).

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Myanmar

In 2022, approx. 425 kg of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses were imported into Myanmar; which is down by -75.2% against the previous year's figure. In general, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 4,408%. As a result, imports reached the peak of 1.7 tons, and then dropped rapidly in the following year.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses dropped rapidly to $6.3K in 2022. Overall, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 7,761% against the previous year. As a result, imports attained the peak of $12K, and then dropped notably in the following year.

Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.90.12.72.132.6%
China1.70.14.61.81.9%
ThailandN/AN/A2.2N/A0%
Others0.5N/A3.02.468.7%
Total3.10.212.46.326.7%

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols to Myanmar in 2022:

  1. China (368.0 kg)
  2. Germany (27.0 kg)

Source: IndexBox Market Intelligence Platform

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