Price for Lustres; Liquid Lustres and Similar Preparations in Myanmar - 2022

Contents:

  1. Price for Lustres; Liquid Lustres and Similar Preparations in Myanmar (CIF) - 2022
  2. Imports of Lustres; Liquid Lustres and Similar Preparations in Myanmar

Price for Lustres; Liquid Lustres and Similar Preparations in Myanmar (CIF) - 2022

The average import price for lustres; liquid lustres and similar preparationses stood at $363,000 per ton in 2022, rising by 15,714% against the previous year. Over the period under review, the import price showed a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +432.4% per year.

Imports of Lustres; Liquid Lustres and Similar Preparations in Myanmar

In 2022, purchases abroad of lustres; liquid lustres and similar preparationses decreased by 99.9% to 1 kg, falling for the second consecutive year after two years of growth. In general, imports faced a significant contraction. The pace of growth appeared the most rapid in 2020 with an increase of 8.3% against the previous year. As a result, imports reached the peak of 796 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of lustres; liquid lustres and similar preparationses declined sharply to $363 in 2022. Over the period under review, imports saw a precipitous contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 9.4%. As a result, imports reached the peak of $1.9M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Lustres; Liquid Lustres and Similar Preparations in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1.9N/AN/A0.4-40.5%
China133101N/AN/A-24.1%
Thailand1,5571,7511,579N/A0.7%
OthersN/AN/AN/AN/A0%
Total1,6921,8511,5790.4-93.8%

Top Suppliers of Lustres; Liquid Lustres and Similar Preparations to Myanmar in 2022:

  1. India (1.0 kg)

Source: IndexBox Market Intelligence Platform

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