Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Myanmar - 2022
Contents:
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Myanmar (CIF) - 2022
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Myanmar (FOB) - 2022
- Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Myanmar
- Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Myanmar
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Myanmar (CIF) - 2022
In December 2022, the average import price for polymers of propylene or of other olefins, in primary formses amounted to $988 per ton, increasing by 14% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $1,034 per ton in May 2022; however, from June 2022 to December 2022, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($2,200 per ton), while the price for Thailand ($825 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Myanmar (FOB) - 2022
The average export price for polymers of propylene or of other olefins, in primary formses stood at $23,293 per ton in 2022, with an increase of 1,194% against the previous year. Overall, the export price saw significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($23,200 per ton), while the average price for exports to China stood at $23,151 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+219.5%).
Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Myanmar
In 2022, supplies from abroad of polymers of propylene or of other olefins, in primary formses increased by 2.2% to 114K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a abrupt setback.
In value terms, imports of polymers of propylene or of other olefins, in primary formses amounted to $110M in 2022. Over the period under review, imports, however, continue to indicate a abrupt downturn.
| Import of Polymers of Propylene or of Other Olefins, in Primary Forms in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 4.2 | 16.9 | 16.1 | 23.7 | 78.0% |
| China | 17.4 | 12.9 | 14.2 | 17.1 | -0.6% |
| Thailand | 15.0 | 6.4 | 11.2 | 17.1 | 4.5% |
| Saudi Arabia | 93.2 | 65.1 | 26.8 | 16.5 | -43.8% |
| South Korea | 7.8 | 4.0 | 4.0 | 9.6 | 7.2% |
| Oman | 9.9 | 6.8 | 6.8 | 7.6 | -8.4% |
| Malaysia | 4.1 | 3.4 | 3.1 | 4.3 | 1.6% |
| Singapore | 7.0 | 3.1 | 4.9 | 3.1 | -23.8% |
| Philippines | 2.6 | 0.4 | 3.7 | 2.9 | 3.7% |
| India | 6.6 | 6.2 | 4.3 | 2.7 | -25.8% |
| United States | 13.8 | 11.2 | 2.5 | 0.7 | -63.0% |
| Others | 10.7 | 3.8 | 5.1 | 4.9 | -22.9% |
| Total | 192 | 140 | 103 | 110 | -16.9% |
Top Suppliers of Polymers of Propylene or of Other Olefins, in Primary Forms to Myanmar in 2022:
- Thailand (23.3K tons)
- United Arab Emirates (22.5K tons)
- China (18.0K tons)
- Saudi Arabia (16.4K tons)
- South Korea (8.8K tons)
- Oman (8.0K tons)
- Malaysia (4.4K tons)
- Philippines (2.7K tons)
- Singapore (2.6K tons)
- India (2.6K tons)
- United States (0.7K tons)
Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Myanmar
For the third consecutive year, Myanmar recorded decline in shipments abroad of polymers of propylene or of other olefins, in primary formses, which decreased by -86.8% to 634 kg in 2022. In general, exports recorded a sharp curtailment. The smallest decline of -74.5% was in 2020.
In value terms, exports of polymers of propylene or of other olefins, in primary formses surged to $15K in 2022. Overall, exports faced a sharp descent.
| Export of Polymers of Propylene or of Other Olefins, in Primary Forms in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | N/A | N/A | N/A | 7.9 | 0% |
| China | 2,144 | 510 | N/A | 6.6 | -85.5% |
| Others | N/A | N/A | 8.6 | 0.3 | -96.5% |
| Total | 2,144 | 510 | 8.6 | 14.8 | -81.0% |
Top Export Markets for Polymers of Propylene or of Other Olefins, in Primary Forms from Myanmar in 2022:
- New Zealand (340.0 kg)
- China (285.0 kg)
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
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This report provides an in-depth analysis of the market for polypropylene in primary forms in Myanmar.
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Myanmar.
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This report provides an in-depth analysis of the global market for polypropylene in primary forms.
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
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Polypropylene is a versatile thermoplastic polymer with excellent chemical resistance, low density, and high tensile strength. The global demand for polypropylene in primary forms has been steadily growing. China is the leading importer with an import value of $3.6 billion in 2022, driven by rapid industrialization and economic growth. Turkey follows closely as the second-largest import market with an import value of $2.9 billion, supported by a thriving plastics industry. Germany and Italy are prominent import giants in Europe, with import values of $1.7 billion each, driven by advanced manufacturing capabilities. Mexico is a significant importer with an import value of $1.3 billion, fueled by the expanding automotive sector. India showcases strong demand with an import value of $1.3 billion, driven by population growth and urbanization. Vietnam, Indonesia, Belgium, and Poland are emerging players in the import market. Market intelligence platforms like IndexBox provide comprehensive data and insights for informed decision-making.
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The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
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