Silicates; Sodium Metasilicates Price in Myanmar - 2022

Contents:

  1. Silicates; Sodium Metasilicates Price in Myanmar (CIF) - 2022
  2. Silicates; Sodium Metasilicates Imports in Myanmar

Silicates; Sodium Metasilicates Price in Myanmar (CIF) - 2022

The average silicates; sodium metasilicates import price stood at $407 per ton in 2022, dropping by -20.8% against the previous year. Over the period under review, the import price saw a noticeable shrinkage. The pace of growth was the most pronounced in 2014 an increase of 178%. As a result, import price attained the peak level of $1,401 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($410 per ton), while the price for China stood at $405 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.0%).

Silicates; Sodium Metasilicates Imports in Myanmar

Silicates; sodium metasilicates imports into Myanmar surged to 589 tons in 2022, growing by 107% compared with the previous year. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, silicates; sodium metasilicates imports soared to $240K in 2022. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Silicates; Sodium Metasilicates in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China88.911414613214.1%
PakistanN/AN/AN/A1080%
OthersN/AN/AN/AN/A0%
Total88.911414624039.2%

Top Suppliers of Silicates; Sodium Metasilicates to Myanmar in 2022:

  1. China (325.0 tons)
  2. Pakistan (264.3 tons)

Source: IndexBox Market Intelligence Platform

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