Price for Dithionites and Sulphoxylates; of Sodium in Myanmar - 2022
Contents:
- Price for Dithionites and Sulphoxylates; of Sodium in Myanmar (CIF) - 2022
- Imports of Dithionites and Sulphoxylates; of Sodium in Myanmar
Price for Dithionites and Sulphoxylates; of Sodium in Myanmar (CIF) - 2022
The average import price for dithionites and sulphoxylates; of sodia stood at $959 per ton in December 2022, almost unchanged from the previous month. Over the period under review, the import price saw resilient growth. The most prominent rate of growth was recorded in January 2022 when the average import price increased by 129% month-to-month. Over the period under review, average import prices hit record highs at $2,000 per ton in October 2022; however, from November 2022 to December 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2021 to December 2022, the rate of growth in terms of prices for China amounted to +8.9% per month.
Imports of Dithionites and Sulphoxylates; of Sodium in Myanmar
In 2022, approx. 1.2K tons of dithionites and sulphoxylates; of sodia were imported into Myanmar; increasing by 75% compared with 2021. Overall, imports recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 125% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, dithionites and sulphoxylates; of sodium imports soared to $1M in 2022. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Dithionites and Sulphoxylates; of Sodium in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 195 | 486 | 402 | 1,043 | 74.9% |
| India | 39.5 | 59.9 | N/A | N/A | 51.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 235 | 546 | 402 | 1,043 | 64.3% |
Top Suppliers of Dithionites and Sulphoxylates; of Sodium to Myanmar in 2022:
- China (1.2K tons)
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