Price for Sugars; Fructose, Chemically Pure, in Solid Form in Myanmar - 2022
Contents:
- Price for Sugars; Fructose, Chemically Pure, in Solid Form in Myanmar (CIF) - 2022
- Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Myanmar
Price for Sugars; Fructose, Chemically Pure, in Solid Form in Myanmar (CIF) - 2022
In 2022, the average import price for sugars; fructose, chemically pure, in solid form amounted to $275,000 per ton, almost unchanged from the previous year. In general, the import price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2016 an increase of 87%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($8,000 per ton), while the price for Singapore ($692 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+17.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Myanmar
In 2022, imports of sugars; fructose, chemically pure, in solid form into Myanmar was estimated at 478 kg, flattening at 2021. Over the period under review, imports saw a significant expansion. The smallest decline of -68.7% was in 2020. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of sugars; fructose, chemically pure, in solid form totaled $550 in 2022. Overall, imports saw a significant expansion. The smallest decline of -68.8% was in 2020. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Sugars; Fructose, Chemically Pure, in Solid Form in Myanmar (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 140 | 42.0 | N/A | 523 | 55.2% |
| Singapore | 5.0 | 1.0 | N/A | 9.0 | 21.6% |
| Others | 9.0 | 5.0 | N/A | 18.0 | 26.0% |
| Total | 154 | 48.0 | N/A | 550 | 52.9% |
Top Suppliers of Sugars; Fructose, Chemically Pure, in Solid Form to Myanmar in 2022:
- China (461.0 kg)
- Singapore (13.0 kg)
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