Price for Ammonia; Anhydrous or in Aqueous Solution in Myanmar - 2023
Contents:
- Price for Ammonia; Anhydrous or in Aqueous Solution in Myanmar (CIF) - 2022
- Imports of Ammonia; Anhydrous or in Aqueous Solution in Myanmar
Price for Ammonia; Anhydrous or in Aqueous Solution in Myanmar (CIF) - 2022
The average import price for ammonia; anhydrous or in aqueous solutia stood at $555 per ton in 2022, which is down by -8.1% against the previous year. In general, the import price recorded a deep setback. The pace of growth was the most pronounced in 2015 an increase of 109%. As a result, import price attained the peak level of $1,645 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($695 per ton), while the price for China ($480 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+16.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Ammonia; Anhydrous or in Aqueous Solution in Myanmar
In 2022, imports of ammonia; anhydrous or in aqueous solutia into Myanmar soared to 291 tons, with an increase of 58% on the previous year's figure. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +6.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of ammonia; anhydrous or in aqueous solutia skyrocketed to $162K in 2022. The total import value increased at an average annual rate of +4.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ammonia; Anhydrous or in Aqueous Solution in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 14.2 | 43.2 | 12.2 | 86.1 | 82.3% |
| Thailand | 124 | 110 | 99.4 | 66.8 | -18.6% |
| China | N/A | N/A | N/A | 8.6 | 0% |
| Others | 5.0 | N/A | N/A | N/A | 0% |
| Total | 143 | 153 | 112 | 162 | 4.2% |
Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to Myanmar in 2022:
- India (177.1 tons)
- Thailand (96.0 tons)
- China (18.0 tons)
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This report provides an in-depth analysis of the market for ammonia in aqueous solution in Myanmar.
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This report provides an in-depth analysis of the global market for ammonia in aqueous solution.
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