Price for Pharmaceutical Goods; Waste Pharmaceuticals in Myanmar - 2022
Contents:
- Price for Pharmaceutical Goods; Waste Pharmaceuticals in Myanmar (CIF) - 2022
- Imports of Pharmaceutical Goods; Waste Pharmaceuticals in Myanmar
Price for Pharmaceutical Goods; Waste Pharmaceuticals in Myanmar (CIF) - 2022
The average pharmaceutical goods; waste pharmaceuticals import price stood at $3,855 per ton in 2022, falling by -60.2% against the previous year. Over the period under review, the import price, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2013 an increase of 3,694%. As a result, import price reached the peak level of $87,288 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($8,126 per ton), while the price for Malaysia ($1,027 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+16.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Pharmaceutical Goods; Waste Pharmaceuticals in Myanmar
In 2022, overseas purchases of pharmaceutical goods; waste pharmaceuticalses decreased by -13.2% to 63 tons, falling for the second year in a row after two years of growth. In general, imports faced a dramatic contraction. The most prominent rate of growth was recorded in 2020 with an increase of 6.1%. As a result, imports reached the peak of 139 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, pharmaceutical goods; waste pharmaceuticals imports reduced remarkably to $243K in 2022. Overall, imports recorded a precipitous curtailment. The growth pace was the most rapid in 2020 with an increase of 26% against the previous year. As a result, imports reached the peak of $1.6M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Pharmaceutical Goods; Waste Pharmaceuticals in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 40.1 | 318 | 116 | 151 | 55.6% |
| South Korea | 373 | 324 | 133 | 64.7 | -44.2% |
| Malaysia | N/A | 5.1 | 5.1 | 8.1 | 26.0% |
| Ireland | 836 | 826 | 273 | N/A | -42.9% |
| South Africa | 14.2 | N/A | N/A | N/A | 0% |
| Others | 38.0 | 165 | 175 | 19.0 | -20.6% |
| Total | 1,302 | 1,638 | 702 | 243 | -42.9% |
Top Suppliers of Pharmaceutical Goods; Waste Pharmaceuticals to Myanmar in 2022:
- India (46.9 tons)
- South Korea (8.0 tons)
- Malaysia (7.9 tons)
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