Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Myanmar - 2022

Contents:

  1. Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Myanmar (CIF) - 2022
  2. Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Myanmar

Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Myanmar (CIF) - 2022

In 2022, the average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses amounted to $1,028 per ton, falling by -19.7% against the previous year. Overall, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2021 an increase of 30% against the previous year. Over the period under review, average import prices hit record highs at $2,000 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2013 to 2022, the rate of growth in terms of prices for Japan amounted to +75.9% per year.

Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Myanmar

In 2022, supplies from abroad of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses was finally on the rise to reach 81 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a significant decline.

In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses surged to $83K in 2022. In general, imports, however, saw a sharp slump.

Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India17813828.283.2-22.4%
Japan23.4N/AN/AN/A0%
Others0.8N/AN/AN/A0%
Total20213828.283.2-25.6%

Top Suppliers of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts to Myanmar in 2022:

  1. India (81.0 tons)

Source: IndexBox Market Intelligence Platform

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