Price for Fibres; Synthetic Filament Tow, of Polypropylene in Myanmar - 2022
Contents:
- Price for Fibres; Synthetic Filament Tow, of Polypropylene in Myanmar (CIF) - 2022
- Imports of Fibres; Synthetic Filament Tow, of Polypropylene in Myanmar
Price for Fibres; Synthetic Filament Tow, of Polypropylene in Myanmar (CIF) - 2022
The average import price for fibres; synthetic filament tow, of polypropylene stood at $951 per ton in 2022, declining by -46.4% against the previous year. Over the period under review, the import price saw a deep contraction. The pace of growth was the most pronounced in 2018 when the average import price increased by 12%. The import price peaked at $2,305 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -8.5% per year.
Imports of Fibres; Synthetic Filament Tow, of Polypropylene in Myanmar
In 2022, the amount of fibres; synthetic filament tow, of polypropylene imported into Myanmar soared to 51 tons, surging by 215% compared with 2021 figures. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of fibres; synthetic filament tow, of polypropylene soared to $48K in 2022. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fibres; Synthetic Filament Tow, of Polypropylene in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 17.0 | 22.0 | 28.6 | 48.3 | 41.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 17.0 | 22.0 | 28.6 | 48.3 | 41.6% |
Top Suppliers of Fibres; Synthetic Filament Tow, of Polypropylene to Myanmar in 2022:
- China (50.8 tons)
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