Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Myanmar - 2023
Contents:
- Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Myanmar (CIF) - 2022
- Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Myanmar
Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Myanmar (CIF) - 2022
In 2022, the average import price for pharmaceutical goods; appliances identifiable for ostomy uses amounted to $42,186 per ton, surging by 80% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable decline. The pace of growth was the most pronounced in 2020 an increase of 360% against the previous year. The import price peaked at $64,820 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($274,205 per ton), while the price for China ($7,163 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+82.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Myanmar
In 2022, the amount of pharmaceutical goods; appliances identifiable for ostomy uses imported into Myanmar surged to 6.4 tons, increasing by 79% compared with 2021. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +6.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of pharmaceutical goods; appliances identifiable for ostomy uses soared to $270K in 2022. In general, imports showed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 422% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | N/A | 22.9 | 92.4 | 303.5% |
| Dominican Republic | N/A | N/A | 30.6 | 89.6 | 192.8% |
| India | N/A | N/A | N/A | 33.0 | 0% |
| China | 8.5 | 74.4 | 18.3 | 26.0 | 45.2% |
| Singapore | 5.8 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 11.7 | 28.9 | 147.0% |
| Total | 14.3 | 74.4 | 83.5 | 270 | 166.3% |
Top Suppliers of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use to Myanmar in 2022:
- China (3.6 tons)
- Dominican Republic (2.1 tons)
- Japan (0.3 tons)
- India (0.2 tons)
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