Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Myanmar - 2023
Contents:
- Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Myanmar (CIF) - 2022
- Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Myanmar
Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Myanmar (CIF) - 2022
The average import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $768 per ton in 2022, growing by 7.2% against the previous year. Over the period under review, the import price, however, faced a abrupt curtailment. The pace of growth was the most pronounced in 2018 an increase of 21% against the previous year. Over the period under review, average import prices reached the peak figure at $2,990 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($1,410 per ton), while the price for Taiwan (Chinese) ($683 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+9.1%), while the prices for the other major suppliers experienced a decline.
Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Myanmar
In 2022, approx. 942 tons of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses were imported into Myanmar; growing by 9.4% compared with 2021 figures. The total import volume increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 19%. As a result, imports attained the peak of 1K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses soared to $723K in 2022. The total import value increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 41% against the previous year. As a result, imports reached the peak of $867K. From 2021 to 2022, the growth of imports of remained at a lower figure.
Import of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Myanmar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 395 | 211 | 527 | 584 | 13.9% |
Thailand | 51.8 | 12.3 | 13.8 | 49.2 | -1.7% |
China | 132 | 604 | 67.1 | 45.8 | -29.7% |
Others | 35.8 | 39.8 | 9.1 | 44.2 | 7.3% |
Total | 615 | 867 | 617 | 723 | 5.5% |
Top Suppliers of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms to Myanmar in 2022:
- Taiwan (Chinese) (855.5 tons)
- China (36.1 tons)
- Thailand (34.9 tons)
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