Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Myanmar - 2023
Contents:
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Myanmar (CIF) - 2022
- Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Myanmar
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Myanmar (CIF) - 2022
In 2022, the average import price for colouring matter; ultramarine and preparations based therea amounted to $2,445 per ton, jumping by 34% against the previous year. Overall, the import price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 82%. The import price peaked at $2,652 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($11,185 per ton), while the price for China ($771 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Myanmar
In 2022, overseas purchases of colouring matter; ultramarine and preparations based therea increased by 159% to 72 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a deep downturn.
In value terms, imports of colouring matter; ultramarine and preparations based therea skyrocketed to $177K in 2022. Over the period under review, imports, however, saw a deep downturn.
| Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 35.6 | 29.6 | 15.3 | 74.9 | 28.1% |
| Vietnam | 111 | 29.4 | 14.0 | 62.1 | -17.6% |
| China | 24.3 | 31.9 | 10.3 | 28.0 | 4.8% |
| India | 23.4 | 13.9 | 4.5 | 10.4 | -23.7% |
| Thailand | 50.9 | 17.1 | 3.9 | 1.4 | -69.8% |
| Others | 1.2 | 8.9 | 2.8 | N/A | 52.8% |
| Total | 246 | 131 | 50.8 | 177 | -10.4% |
Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to Myanmar in 2022:
- China (36.4 tons)
- Singapore (13.5 tons)
- India (13.4 tons)
- Vietnam (8.9 tons)
- Thailand (0.1 tons)
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