Price for Phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereof in Myanmar - 2022

Contents:

  1. Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Myanmar (CIF) - 2022
  2. Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Myanmar

Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Myanmar (CIF) - 2022

In 2022, the average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $1,554 per ton, which is down by -13.8% against the previous year. Over the period under review, the import price showed a mild decrease. The most prominent rate of growth was recorded in 2019 an increase of 33% against the previous year. As a result, import price attained the peak level of $3,254 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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 -1.5% per year.

Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Myanmar

For the third year in a row, Myanmar recorded decline in purchases abroad of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves, which decreased by -99.4% to 3.1 tons in 2022. Overall, imports recorded a precipitous setback. The smallest decline of -35.1% was in 2021.

In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves shrank markedly to $4.9K in 2022. In general, imports recorded a dramatic decrease. The smallest decline of -44.6% was in 2021.

Import of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Myanmar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.11.70.9N/A-58.0%
OthersN/AN/AN/AN/A0%
Total5.11.70.9N/A-58.0%

Top Suppliers of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof to Myanmar in 2022:

  1. China (3.1 tons)

Source: IndexBox Market Intelligence Platform

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