Price for Phosphates; N.E.S in Item No. 2835.2 in Myanmar - 2022

Contents:

  1. Price for Phosphates; N.E.S in Item No. 2835.2 in Myanmar (CIF) - 2022
  2. Imports of Phosphates; N.E.S in Item No. 2835.2 in Myanmar

Price for Phosphates; N.E.S in Item No. 2835.2 in Myanmar (CIF) - 2022

The average import price for phosphates; n.e.s in item no. 2835.2s stood at $1,495 per ton in 2022, with an increase of 32% against the previous year. In general, the import price, however, saw a noticeable curtailment. The pace of growth appeared the most rapid in 2016 when the average import price increased by 50%. Over the period under review, average import prices hit record highs at $2,147 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,654 per ton), while the price for India ($603 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Phosphates; N.E.S in Item No. 2835.2 in Myanmar

After two years of decline, supplies from abroad of phosphates; n.e.s in item no. 2835.2s increased by 28% to 157 tons in 2022. In general, imports, however, saw a sharp downturn.

In value terms, imports of phosphates; n.e.s in item no. 2835.2s surged to $235K in 2022. Overall, imports, however, saw a abrupt shrinkage.

Import of Phosphates; N.E.S in Item No. 2835.2 in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China24680.5109137-17.7%
Thailand10.459.38.344.262.0%
India4.13.71.519.066.7%
Taiwan (Chinese)N/AN/AN/A13.80%
South Africa25.9N/A20.4N/A-11.3%
OthersN/AN/AN/A20.70%
Total287143139235-6.4%

Top Suppliers of Phosphates; N.E.S in Item No. 2835.2 to Myanmar in 2022:

  1. China (82.8 tons)
  2. India (31.5 tons)
  3. Thailand (28.6 tons)
  4. Taiwan (Chinese) (12.0 tons)

Source: IndexBox Market Intelligence Platform

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