Sulphides; of Sodium Price in Myanmar - 2022
Contents:
Sulphides; of Sodium Price in Myanmar (CIF) - 2022
In 2022, the average sulphides; of sodium import price amounted to $395 per ton, surging by 15% against the previous year. Overall, the import price, however, continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 when the average import price increased by 30% against the previous year. Over the period under review, average import prices attained the maximum at $688 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($400 per ton), while the price for Thailand totaled $175 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+19.8%), while the prices for the other major suppliers experienced a decline.
Sulphides; of Sodium Imports in Myanmar
In 2022, the amount of sulphides; of sodia imported into Myanmar skyrocketed to 1.3K tons, rising by 69% compared with the year before. Over the period under review, imports posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 94% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, sulphides; of sodium imports soared to $503K in 2022. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sulphides; of Sodium in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 209 | 281 | 256 | 498 | 33.6% |
| Thailand | 4.2 | 3.1 | 1.8 | 5.3 | 8.1% |
| Others | 27.2 | 3.3 | 0.3 | N/A | -89.5% |
| Total | 241 | 287 | 258 | 503 | 27.8% |
Top Suppliers of Sulphides; of Sodium to Myanmar in 2022:
- China (1243.0 tons)
- Thailand (30.0 tons)
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