Price for Mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable products in Myanmar - 2022
Contents:
- Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Myanmar (CIF) - 2022
- Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Myanmar (FOB) - 2022
- Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Myanmar
- Exports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Myanmar
Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Myanmar (CIF) - 2022
The average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses stood at $223,357 per ton in 2022, growing by 1,807% against the previous year. Overall, the import price saw significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($228,205 per ton), while the price for Italy amounted to $221,538 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+322.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Myanmar (FOB) - 2022
In 2022, the average export price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $11,143 per ton, shrinking by -10.4% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 173%. As a result, the export price reached the peak level of $37,697 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($12,833 per ton), while the average price for exports to South Korea totaled $1,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+2.1%).
Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Myanmar
For the third consecutive year, Myanmar recorded decline in supplies from abroad of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses, which decreased by -99.2% to 143 kg in 2022. In general, imports saw a sharp reduction. The smallest decline of -9.6% was in 2021.
In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses reduced rapidly to $32K in 2022. Over the period under review, imports showed a dramatic setback. The most prominent rate of growth was recorded in 2021 when imports increased by 5.5%.
| Import of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 10.7 | 33.0 | 16.1 | 23.0 | 29.1% |
| India | 2.1 | 1.6 | 0.1 | 8.9 | 61.8% |
| Thailand | 338 | 120 | 145 | N/A | -34.5% |
| China | 18.2 | 3.9 | 5.9 | N/A | -43.1% |
| Malaysia | 21.3 | 15.3 | 15.0 | N/A | -16.1% |
| Singapore | 10.5 | 4.2 | 4.1 | N/A | -37.5% |
| Taiwan (Chinese) | 41.3 | 19.2 | 21.9 | N/A | -27.2% |
| Others | 3.4 | N/A | N/A | N/A | 0% |
| Total | 446 | 197 | 208 | 31.9 | -58.5% |
Top Suppliers of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products to Myanmar in 2022:
- Italy (104.0 kg)
- India (39.0 kg)
Exports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Myanmar
In 2022, overseas shipments of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses decreased by -72% to 7 kg, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year. As a result, the exports attained the peak of 37 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses declined rapidly to $78 in 2022. Overall, exports showed a sharp curtailment. The smallest decline of -31.8% was in 2021.
| Export of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Myanmar (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 310 | 456 | 311 | 77.0 | -37.1% |
| South Korea | N/A | N/A | N/A | 1.0 | 0% |
| Canada | 934 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,244 | 456 | 311 | 78.0 | -60.3% |
Top Export Markets for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products from Myanmar in 2022:
- Singapore (6.0 kg)
- South Korea (1.0 kg)
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