Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Myanmar - 2023
Contents:
- Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Myanmar (FOB) - 2022
- Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Myanmar (CIF) - 2022
- Exports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Myanmar
- Imports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Myanmar
Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Myanmar (FOB) - 2022
The average export price for vinyl chloride polymers; waste, parings and scraps stood at $275 per ton in 2022, jumping by 69% against the previous year. Over the period under review, the export price continues to indicate prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Thailand.
From 2017 to 2022, the rate of growth in terms of prices for Thailand amounted to +8.8% per year.
Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Myanmar (CIF) - 2022
The average import price for vinyl chloride polymers; waste, parings and scraps stood at $3,860 per ton in 2022, jumping by 117% against the previous year. Overall, the import price enjoyed a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($5,039 per ton), while the price for the United States ($1,303 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+33.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Myanmar
In 2022, overseas shipments of vinyl chloride polymers; waste, parings and scraps decreased by -39.9% to 964 tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 28%. As a result, the exports reached the peak of 1.6K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of vinyl chloride polymers; waste, parings and scraps expanded modestly to $265K in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.6% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 42%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.
| Export of Vinyl Chloride Polymers; Waste, Parings and Scrap in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 140 | 237 | 260 | 263 | 23.4% |
| Others | 27.6 | N/A | 0.8 | 2.1 | -57.6% |
| Total | 167 | 237 | 261 | 265 | 16.6% |
Top Export Markets for Vinyl Chloride Polymers; Waste, Parings and Scrap from Myanmar in 2022:
- Thailand (960.0 tons)
Imports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Myanmar
In 2022, the amount of vinyl chloride polymers; waste, parings and scraps imported into Myanmar soared to 15 tons, picking up by 152% against the previous year's figure. Over the period under review, imports, however, continue to indicate a significant curtailment.
In value terms, imports of vinyl chloride polymers; waste, parings and scraps surged to $56K in 2022. In general, imports, however, saw a precipitous decrease.
| Import of Vinyl Chloride Polymers; Waste, Parings and Scrap in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 14.6 | N/A | 2.7 | 49.5 | 50.2% |
| China | 77.5 | N/A | 2.3 | 4.3 | -61.9% |
| South Korea | N/A | N/A | N/A | 1.0 | 0% |
| Thailand | 130 | N/A | 2.0 | 0.4 | -85.5% |
| United States | 12.4 | N/A | 3.4 | 0.3 | -71.1% |
| Others | 0.2 | N/A | N/A | 0.9 | 65.1% |
| Total | 234 | N/A | 10.4 | 56.5 | -37.7% |
Top Suppliers of Vinyl Chloride Polymers; Waste, Parings and Scrap to Myanmar in 2022:
- Vietnam (12.8 tons)
- China (0.8 tons)
- South Korea (0.4 tons)
- United States (0.3 tons)
- Thailand (0.1 tons)
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