Price for Asbestos, Other than Crocidolite in Myanmar - 2022

Price for Asbestos, Other than Crocidolite in Myanmar (CIF) - 2022

The average asbestos, other than crocidolite import price stood at $323 per ton in 2022, increasing by 4.7% against the previous year. In general, the import price, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when the average import price increased by 87%. As a result, import price reached the peak level of $1,853 per ton. From 2020 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 Thailand ($1,017 per ton), while the price for China totaled $306 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+3.9%).

Imports of Asbestos, Other than Crocidolite in Myanmar

In 2022, approx. 72 tons of asbestos, other than crocidolites were imported into Myanmar; increasing by 3.9% against 2021. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 216% against the previous year. As a result, imports attained the peak of 120 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, asbestos, other than crocidolite imports rose notably to $23K in 2022. Over the period under review, imports, however, faced a dramatic downturn.