Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Myanmar - 2022

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Myanmar (CIF) - 2022
  2. Imports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Myanmar

Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Myanmar (CIF) - 2022

The average import price for acids; aromatic polycarboxylic acids; dimethyl terephthalates stood at $1,518 per ton in 2022, rising by 3.2% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 30% against the previous year. As a result, import price attained the peak level of $1,950 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +0.5% per year.

Imports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Myanmar

After three years of growth, purchases abroad of acids; aromatic polycarboxylic acids; dimethyl terephthalates decreased by -42.9% to 18 tons in 2022. Overall, imports, however, showed strong growth. The pace of growth appeared the most rapid in 2021 when imports increased by 133% against the previous year. As a result, imports reached the peak of 32 tons, and then shrank notably in the following year.

In value terms, imports of acids; aromatic polycarboxylic acids; dimethyl terephthalates dropped rapidly to $27K in 2022. In general, imports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 146%. As a result, imports reached the peak of $46K, and then reduced dramatically in the following year.

Import of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India19.218.946.327.312.4%
OthersN/AN/AN/AN/A0%
Total19.218.946.327.312.4%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate to Myanmar in 2022:

  1. India (18.0 tons)

Source: IndexBox Market Intelligence Platform

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