Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Myanmar - 2023

Contents:

  1. Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Myanmar (CIF) - 2022
  2. Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Myanmar

Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Myanmar (CIF) - 2022

The average import price for propylene, other olefin polymers; polyisobutylene in primary formses stood at $9,200 per ton in 2022, surging by 1,019% against the previous year. In general, the import price saw a resilient expansion. As a result, import price attained 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 South Korea.

From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +4.0% per year.

Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Myanmar

In 2022, after two years of decline, there was significant decline in overseas purchases of propylene, other olefin polymers; polyisobutylene in primary formses, when their volume decreased by -99.7% to 1.3 tons. In general, imports recorded a significant decrease.

In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses dropped sharply to $12K in 2022. Over the period under review, imports recorded a deep contraction.

Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea3.7N/AN/A11.847.2%
China13.9N/A159N/A238.2%
United Arab EmiratesN/AN/A134N/A0%
Saudi ArabiaN/AN/A44.5N/A0%
OthersN/AN/AN/AN/A0%
Total17.6N/A33711.8-12.5%

Top Suppliers of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms to Myanmar in 2022:

  1. South Korea (1.3 tons)

Source: IndexBox Market Intelligence Platform

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