Myanmar - Fertilizers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFertilizer Price in Myanmar - 2022
Contents:
- Fertilizer Price in Myanmar (CIF) - 2022
- Fertilizer Price in Myanmar (FOB) - 2022
- Fertilizer Imports in Myanmar
- Fertilizer Exports in Myanmar
Fertilizer Price in Myanmar (CIF) - 2022
In 2022, the average fertilizer import price amounted to $415 per ton, surging by 27% against the previous year. Overall, the import price, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 41%. The import price peaked at $565 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
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 Bangladesh ($950 per ton), while the price for China ($214 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+34.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Fertilizer Price in Myanmar (FOB) - 2022
In 2020, the average fertilizer export price amounted to $2,503 per ton, jumping by 1,246% against the previous year. Overall, the export price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2019 an increase of 27,837% against the previous year. Over the period under review, the average export prices hit record highs in 2020 and is likely to see steady growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2013 to 2020, the rate of growth in terms of prices for China amounted to -21.0% per year.
Fertilizer Imports in Myanmar
In 2022, the amount of fertilizers imported into Myanmar rose remarkably to 985K tons, increasing by 10% on the year before. Overall, imports, however, continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 12%. As a result, imports attained the peak of 1.6M tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, fertilizer imports surged to $408M in 2022. The total import value increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fertilizer in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 144 | 179 | 132 | 102 | -10.9% |
| Brunei Darussalam | N/A | N/A | N/A | 60.7 | 0% |
| United Arab Emirates | 4.9 | 5.8 | 19.4 | 40.8 | 102.7% |
| Vietnam | 4.9 | 11.3 | 8.9 | 38.9 | 99.5% |
| Thailand | 11.8 | 7.4 | 11.8 | 34.2 | 42.6% |
| Malaysia | 61.8 | 43.9 | 16.9 | 24.9 | -26.1% |
| South Korea | 2.1 | 0.8 | 0.6 | 21.5 | 117.1% |
| Saudi Arabia | 23.7 | 17.5 | 17.4 | 14.9 | -14.3% |
| Indonesia | 14.4 | 15.7 | 21.5 | 13.7 | -1.6% |
| Others | 87.6 | 80.6 | 62.3 | 57.1 | -13.3% |
| Total | 355 | 362 | 291 | 408 | 4.7% |
Top Suppliers of Fertilizer to Myanmar in 2022:
- China (474.7K tons)
- Brunei Darussalam (87.8K tons)
- Thailand (66.8K tons)
- South Korea (65.2K tons)
- United Arab Emirates (57.0K tons)
- Vietnam (51.5K tons)
- Malaysia (50.2K tons)
- Saudi Arabia (20.5K tons)
- Indonesia (19.3K tons)
Fertilizer Exports in Myanmar
In 2020, fertilizer exports from Myanmar contracted rapidly to 3.6 tons, with a decrease of -99.3% on the year before. In general, exports showed a sharp downturn.
In value terms, fertilizer exports shrank rapidly to $9K in 2020. Over the period under review, exports saw a dramatic setback.
| Export of Fertilizer in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Germany | N/A | 9.0 | 0% | ||
| China | 96.7 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 96.7 | 9.0 | -90.7% | ||
Top Export Markets for Fertilizer from Myanmar in 2022:
- Germany (3.6 tons)
This report provides an in-depth analysis of the fertilizer market in Myanmar. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 4025 - Potassium nitrate
- FCL 4004 - Calcium ammonium nitrate (CAN) and other mixtures with calcium carbonate
- FCL 4005 - Sodium nitrate
- FCL 4023 - Monoammonium phosphate (MAP)
- FCL 4001 - Urea
- FCL 4002 - Ammonium sulphate
- FCL 4003 - Ammonium nitrate (AN)
- FCL 4006 - Urea and ammonium nitrate solutions (UAN)
- FCL 4016 - Potassium chloride (muriate of potash) (MOP)
- FCL 4021 - NPK fertilizers
- FCL 4014 - Other phosphatic fertilizers, n.e.c.
- FCL 4022 - Diammonium phosphate (DAP)
- FCL 4027 - PK compounds
- FCL 4024 - Other NP compounds
- FCL 4008 - Other nitrogenous fertilizers, n.e.c.
- FCL 4012 - Superphosphates above 35%
- FCL 4013 - Superphosphates, other
- FCL 4018 - Other potassic fertilizers, n.e.c.
Country coverage:
- Myanmar
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Myanmar
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the fertilizer market in Myanmar.
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This report provides an in-depth analysis of the ammonium nitrate market in Myanmar.
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This report provides an in-depth analysis of the nitrogenous fertilizer market in Myanmar.
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