Price for Ethylene Polymers; Waste, Parings and Scrap in Myanmar - 2023

Contents:

1. Price for Ethylene Polymers; Waste, Parings and Scrap in Myanmar (CIF) - 2022
2. Price for Ethylene Polymers; Waste, Parings and Scrap in Myanmar (FOB) - 2022
3. Imports of Ethylene Polymers; Waste, Parings and Scrap in Myanmar
4. Exports of Ethylene Polymers; Waste, Parings and Scrap in Myanmar

Price for Ethylene Polymers; Waste, Parings and Scrap in Myanmar (CIF) - 2022

The average import price for ethylene polymers; waste, parings and scraps stood at $133 per ton in 2022, dropping by -53.8% against the previous year. Overall, the import price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2018 an increase of 192%. As a result, import price attained the peak level of $1,867 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($349 per ton), while the price for Canada ($100 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+14.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Ethylene Polymers; Waste, Parings and Scrap in Myanmar (FOB) - 2022

The average export price for ethylene polymers; waste, parings and scraps stood at $354 per ton in 2022, surging by 39% against the previous year. In general, the export price, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by 76%. As a result, the export price reached the peak level of $823 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($810 per ton), while the average price for exports to Vietnam ($65 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-8.6%), while the prices for the other major destinations experienced a decline.

Imports of Ethylene Polymers; Waste, Parings and Scrap in Myanmar

In 2022, approx. 4.4K tons of ethylene polymers; waste, parings and scraps were imported into Myanmar; increasing by 419% against the previous year. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of ethylene polymers; waste, parings and scraps soared to $586K in 2022. Over the period under review, imports, however, saw a abrupt setback.

Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to Myanmar in 2022:

1. United States (2762.3 tons)
2. Canada (1168.0 tons)
3. Vietnam (237.7 tons)
4. Hong Kong SAR (120.0 tons)
5. China (54.2 tons)
6. Thailand (32.6 tons)

Exports of Ethylene Polymers; Waste, Parings and Scrap in Myanmar

Exports of ethylene polymers; waste, parings and scraps from Myanmar skyrocketed to 1.6K tons in 2022, with an increase of 206% against the year before. Overall, exports, however, showed a relatively flat trend pattern.

In value terms, exports of ethylene polymers; waste, parings and scraps surged to $571K in 2022. Over the period under review, exports, however, showed a drastic downturn.

Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from Myanmar in 2022:

1. China (1030.9 tons)
2. Italy (478.2 tons)
3. Vietnam (58.2 tons)
4. Spain (30.7 tons)

Source: IndexBox Market Intelligence Platform