Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Myanmar - 2022

Contents:

  1. Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Myanmar (CIF) - 2022
  2. Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Myanmar

Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Myanmar (CIF) - 2022

The average import price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $1,352 per ton in 2022, which is down by -49.9% against the previous year. In general, the import price, however, enjoyed a temperate expansion. The pace of growth appeared the most rapid in 2017 when the average import price increased by 436%. Over the period under review, average import prices attained the peak figure at $4,168 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($3,521 per ton), while the price for China ($910 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+16.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Myanmar

In 2022, the amount of aluminium oxide (including artificial corundum); aluminium hydroxide imported into Myanmar skyrocketed to 121 tons, surging by 932% compared with 2021. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide soared to $164K in 2022. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ThailandN/AN/AN/A62.50%
India6.12.929.458.4112.3%
China3.0N/A2.443.3143.5%
Denmark7.85.7N/AN/A-26.9%
OthersN/AN/AN/AN/A0%
Total16.98.631.8164113.3%

Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to Myanmar in 2022:

  1. Thailand (57.3 tons)
  2. China (47.5 tons)
  3. India (16.6 tons)

Source: IndexBox Market Intelligence Platform

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