Price for Petroleum Gases and Other Gaseous Hydrocarbons in Myanmar - 2022

Contents:

1. Price for Petroleum Gases and Other Gaseous Hydrocarbons in Myanmar (FOB) - 2022
2. Price for Petroleum Gases and Other Gaseous Hydrocarbons in Myanmar (CIF) - 2022
3. Exports of Petroleum Gases and Other Gaseous Hydrocarbons in Myanmar
4. Imports of Petroleum Gases and Other Gaseous Hydrocarbons in Myanmar

Price for Petroleum Gases and Other Gaseous Hydrocarbons in Myanmar (FOB) - 2022

In 2022, the average export price for petroleum gases and other gaseous hydrocarbonses amounted to $369 per ton, declining by -4.1% against the previous year. Over the period under review, the export price continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2017 an increase of 30% against the previous year. The export price peaked at $499 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($374 per ton), while the average price for exports to China amounted to $361 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (-2.8%).

Price for Petroleum Gases and Other Gaseous Hydrocarbons in Myanmar (CIF) - 2022

The average import price for petroleum gases and other gaseous hydrocarbonses stood at $879 per ton in 2022, with an increase of 72% against the previous year. Over the period under review, the import price, however, showed a abrupt curtailment. Over the period under review, average import prices hit record highs at $2,806 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($884 per ton), while the price for Indonesia ($872 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by British Indian Ocean Territory (+1,032.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Petroleum Gases and Other Gaseous Hydrocarbons in Myanmar

In 2022, shipments abroad of petroleum gases and other gaseous hydrocarbonses was finally on the rise to reach 11M tons after two years of decline. Over the period under review, exports, however, faced a abrupt curtailment.

In value terms, exports of petroleum gases and other gaseous hydrocarbonses skyrocketed to $3.9B in 2022. In general, exports, however, saw a perceptible contraction.

Top Export Markets for Petroleum Gases and Other Gaseous Hydrocarbons from Myanmar in 2022:

1. Thailand (6.6M tons)
2. China (4.1M tons)

Imports of Petroleum Gases and Other Gaseous Hydrocarbons in Myanmar

In 2022, overseas purchases of petroleum gases and other gaseous hydrocarbonses decreased by -74.6% to 79K tons, falling for the second consecutive year after two years of growth. Overall, imports, however, continue to indicate a temperate expansion. The most prominent rate of growth was recorded in 2020 with an increase of 480%. As a result, imports attained the peak of 401K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of petroleum gases and other gaseous hydrocarbonses contracted significantly to $70M in 2022. In general, imports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2020 with an increase of 273% against the previous year.

Top Suppliers of Petroleum Gases and Other Gaseous Hydrocarbons to Myanmar in 2022:

1. Indonesia (37.9K tons)
2. India (25.8K tons)
3. Thailand (15.2K tons)

Source: IndexBox Market Intelligence Platform