Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Myanmar - 2022
Contents:
- Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Myanmar (CIF) - 2022
- Imports of Sulphates; Alums; Peroxosulphates (Persulphates) in Myanmar
Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Myanmar (CIF) - 2022
In December 2022, the average sulphates; alums; peroxosulphates (persulphates) import price amounted to $186 per ton, which is down by -27.4% against the previous month. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in May 2022 when the average import price increased by 102% m-o-m. As a result, import price reached the peak level of $383 per ton. From June 2022 to December 2022, the average import prices remained at a lower figure.
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 Sulphates; Alums; Peroxosulphates (Persulphates) in Myanmar
For the third year in a row, Myanmar recorded decline in supplies from abroad of sulphates; alums; peroxosulphates (persulphates)s, which decreased by -1.8% to 34K tons in 2022. Overall, imports recorded a noticeable decline.
In value terms, sulphates; alums; peroxosulphates (persulphates) imports rose remarkably to $7.9M in 2022. The total import value increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sulphates; Alums; Peroxosulphates (Persulphates) in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.1 | 6.1 | 5.4 | 5.7 | -2.2% |
| Thailand | 0.4 | 0.4 | 1.1 | 1.8 | 65.1% |
| Others | 0.6 | 0.7 | 0.7 | 0.4 | -12.6% |
| Total | 7.1 | 7.2 | 7.3 | 7.9 | 3.6% |
Top Suppliers of Sulphates; Alums; Peroxosulphates (Persulphates) to Myanmar in 2022:
- China (27.1K tons)
- Thailand (5.8K tons)
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