Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Myanmar - 2023

Contents:

  1. Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Myanmar (CIF) - 2022
  2. Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Myanmar

Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Myanmar (CIF) - 2022

In 2022, the average import price for fibres; synthetic filament tow, acrylic or modacrylics amounted to $7,498 per ton, reducing by -32.7% against the previous year. Over the period under review, the import price recorded a noticeable setback. The pace of growth appeared the most rapid in 2021 an increase of 141%. The import price peaked at $19,361 per ton in 2013; however, from 2014 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 Japan ($18,347 per ton), while the price for China stood at $2,264 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.9%).

Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Myanmar

In 2022, purchases abroad of fibres; synthetic filament tow, acrylic or modacrylics was finally on the rise to reach 76 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a sharp slump.

In value terms, imports of fibres; synthetic filament tow, acrylic or modacrylics dropped to $572K in 2022. Over the period under review, imports, however, continue to indicate a deep setback. The smallest decline of -7.5% was in 2021.

Import of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan4203885694562.8%
China40229562.2117-33.7%
OthersN/A0.1N/AN/A0%
Total822683631572-11.4%

Top Suppliers of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic to Myanmar in 2022:

  1. China (51.5 tons)
  2. Japan (24.8 tons)

Source: IndexBox Market Intelligence Platform

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