Quartzite Price in Myanmar - 2022

Contents:

  1. Quartzite Price in Myanmar (CIF) - 2022
  2. Quartzite Imports in Myanmar

Quartzite Price in Myanmar (CIF) - 2022

The average quartzite import price stood at $250 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the import price continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2020 when the average import price increased by 299% against the previous year. As a result, import price reached the peak level of $1,329 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

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 Thailand ($398 per ton), while the price for China stood at $233 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by India (+17.6%).

Quartzite Imports in Myanmar

In 2022, supplies from abroad of quartzite decreased by 0% to 1 tons, falling for the second year in a row after two years of growth. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 15%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, quartzite imports amounted to $250 in 2022. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 360%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Import of Quartzite in Myanmar (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China30.09.0N/A20991.0%
ThailandN/AN/AN/A41.00%
India20.0221N/AN/A1005.0%
OthersN/AN/AN/AN/A0%
Total50.0230N/A25071.0%

Top Suppliers of Quartzite to Myanmar in 2022:

  1. China (897.0 kg)
  2. Thailand (103.0 kg)

Source: IndexBox Market Intelligence Platform

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