Price for Sodium Sulphates; Other than Disodium Sulphate in Myanmar - 2022
Contents:
- Price for Sodium Sulphates; Other than Disodium Sulphate in Myanmar (CIF) - 2022
- Imports of Sodium Sulphates; Other than Disodium Sulphate in Myanmar
Price for Sodium Sulphates; Other than Disodium Sulphate in Myanmar (CIF) - 2022
The average import price for sodium sulphates; other than disodium sulphates stood at $267 per ton in 2022, surging by 18% against the previous year. Over the period under review, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for sodium sulphates; other than disodium sulphates increased by +66.1% against 2017 indices. The pace of growth was the most pronounced in 2014 an increase of 34% against the previous year. As a result, import price attained the peak level of $363 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($366 per ton), while the price for China stood at $190 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+44.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Sodium Sulphates; Other than Disodium Sulphate in Myanmar
In 2022, after two years of decline, there was significant growth in purchases abroad of sodium sulphates; other than disodium sulphates, when their volume increased by 228% to 8.7K tons. In general, imports posted a notable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of sodium sulphates; other than disodium sulphates skyrocketed to $2.3M in 2022. Over the period under review, imports recorded a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sodium Sulphates; Other than Disodium Sulphate in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 76.2 | 3.8 | 139 | 1,386 | 163.0% |
| China | 1,125 | 565 | 290 | 925 | -6.3% |
| South Korea | 120 | 122 | 125 | N/A | 2.1% |
| Others | 60.2 | 43.7 | 42.6 | 6.6 | -52.1% |
| Total | 1,381 | 734 | 597 | 2,317 | 18.8% |
Top Suppliers of Sodium Sulphates; Other than Disodium Sulphate to Myanmar in 2022:
- China (4.9K tons)
- Thailand (3.8K tons)
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