Price for Fertilizers; Mineral or Chemical, Phosphatic in Myanmar - 2022

Contents:

  1. Price for Fertilizers; Mineral or Chemical, Phosphatic in Myanmar (CIF) - 2022
  2. Imports of Fertilizers; Mineral or Chemical, Phosphatic in Myanmar

Price for Fertilizers; Mineral or Chemical, Phosphatic in Myanmar (CIF) - 2022

In November 2022, the average import price for fertilizers; mineral or chemical, phosphatics amounted to $66.0 per ton, stabilizing at the previous month. In general, the import price faced a significant contraction. As a result, import price attained the peak level of $3,296 per ton. From February 2022 to November 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Japan.

From January 2022 to November 2022, the rate of growth in terms of prices for Japan amounted to 0.0% per month.

Imports of Fertilizers; Mineral or Chemical, Phosphatic in Myanmar

In 2022, overseas purchases of fertilizers; mineral or chemical, phosphatics were finally on the rise to reach 111K tons after two years of decline. In general, imports, however, recorded a abrupt downturn.

In value terms, fertilizers; mineral or chemical, phosphatic imports surged to $26M in 2022. Overall, imports, however, showed a abrupt decrease.

Import of Fertilizers; Mineral or Chemical, Phosphatic in Myanmar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam8.414.010.513.316.6%
China13.03.46.17.1-18.3%
Japan8.49.33.95.0-15.9%
Thailand0.90.30.40.6-12.6%
Peru1.23.6N/AN/A200.0%
Others0.70.90.50.5-10.6%
Total32.631.421.526.5-6.7%

Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Myanmar in 2022:

  1. Japan (57.0K tons)
  2. China (34.5K tons)
  3. Vietnam (17.2K tons)
  4. Thailand (1.7K tons)

Source: IndexBox Market Intelligence Platform

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