Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Myanmar - 2022

Contents:

  1. Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Myanmar (CIF) - 2022
  2. Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Myanmar

Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Myanmar (CIF) - 2022

The average import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s stood at $1,044 per ton in 2022, with an increase of 4.9% against the previous year. In general, the import price, however, recorded a abrupt downturn. The growth pace was the most rapid in 2021 an increase of 66% against the previous year. Over the period under review, average import prices reached the maximum at $1,799 per ton in 2013; however, from 2014 to 2022, 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 China ($1,043 per ton), while the price for Malaysia stood at $750 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (-5.9%).

Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Myanmar

In 2022, after two years of decline, there was significant growth in purchases abroad of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s, when their volume increased by 43% to 101 tons. Over the period under review, imports, however, saw a significant decrease.

In value terms, imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s soared to $106K in 2022. In general, imports, however, saw a dramatic shrinkage.

Import of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China47492.341.0102-40.1%
Malaysia16.39.9N/A2.4-47.2%
Thailand14.321.227.61.1-57.5%
Others8.40.31.90.6-58.5%
Total51312470.5106-40.9%

Top Suppliers of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) to Myanmar in 2022:

  1. China (97.5 tons)
  2. Malaysia (3.2 tons)
  3. Thailand (0.6 tons)

Source: IndexBox Market Intelligence Platform

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