Price for Polyphenols; Resorcinol and Its Salts in Myanmar - 2022
Contents:
- Price for Polyphenols; Resorcinol and Its Salts in Myanmar (CIF) - 2022
- Imports of Polyphenols; Resorcinol and Its Salts in Myanmar
Price for Polyphenols; Resorcinol and Its Salts in Myanmar (CIF) - 2022
The average import price for polyphenols; resorcinol and its saltses stood at $37,500 per ton in 2022, with an increase of 270% against the previous year. Over the period under review, the import price continues to indicate resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to -3.3% per year.
Imports of Polyphenols; Resorcinol and Its Salts in Myanmar
For the third consecutive year, Myanmar recorded decline in supplies from abroad of polyphenols; resorcinol and its saltses, which decreased by -95.9% to 2 kg in 2022. Overall, imports continue to indicate a dramatic shrinkage. The smallest decline of -41.9% was in 2020.
In value terms, polyphenols; resorcinol and its salts imports contracted significantly to $75 in 2022. Over the period under review, imports continue to indicate a dramatic downturn. The smallest decline of -49% was in 2020.
| Import of Polyphenols; Resorcinol and Its Salts in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.3 | 1.0 | 0.1 | 0.1 | -57.5% |
| Singapore | 24.0 | 11.9 | 0.4 | N/A | -87.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 25.2 | 12.9 | 0.5 | 0.1 | -84.2% |
Top Suppliers of Polyphenols; Resorcinol and Its Salts to Myanmar in 2022:
- India (2.0 kg)
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