Price for Sodium Sulphates; Disodium Sulphate in Myanmar - 2022

Contents:

  1. Price for Sodium Sulphates; Disodium Sulphate in Myanmar (CIF) - 2022
  2. Imports of Sodium Sulphates; Disodium Sulphate in Myanmar

Price for Sodium Sulphates; Disodium Sulphate in Myanmar (CIF) - 2022

In December 2022, the average sodium sulphates; disodium sulphate import price amounted to $167 per ton, rising by 2.3% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2022 when the average import price increased by 30% against the previous month. As a result, import price reached the peak level of $207 per ton. From June 2022 to December 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From December 2021 to December 2022, the rate of growth in terms of prices for Indonesia amounted to +2.0% per month.

Imports of Sodium Sulphates; Disodium Sulphate in Myanmar

In 2022, approx. 17K tons of sodium sulphates; disodium sulphates were imported into Myanmar; with a decrease of -31.6% on 2021 figures. Overall, imports faced a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 4.2% against the previous year.

In value terms, sodium sulphates; disodium sulphate imports reduced remarkably to $2.9M in 2022. Over the period under review, imports showed a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 29%. As a result, imports reached the peak of $3.8M, and then contracted sharply in the following year.

Import of Sodium Sulphates; Disodium Sulphate in Myanmar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.42.93.72.9-5.2%
IndonesiaN/AN/A0.10.10.0%
OthersN/AN/A0.1N/A0%
Total3.52.93.82.9-6.1%

Top Suppliers of Sodium Sulphates; Disodium Sulphate to Myanmar in 2022:

  1. China (17.1K tons)
  2. Indonesia (0.4K tons)

Source: IndexBox Market Intelligence Platform

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