Cereals; Barley, Seed Price in Myanmar - 2022
Contents:
Cereals; Barley, Seed Price in Myanmar (CIF) - 2022
The average cereals; barley, seed import price stood at $236 per ton in 2022, leveling off at the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 19% against the previous year. Over the period under review, average import prices attained the maximum at $273 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Romania ($244 per ton), while the price for Australia totaled $226 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+2.4%).
Cereals; Barley, Seed Imports in Myanmar
In 2022, supplies from abroad of cereals; barley, seeds was finally on the rise to reach 534 tons after two years of decline. Over the period under review, imports, however, recorded a deep contraction.
In value terms, cereals; barley, seed imports totaled $126K in 2022. Overall, imports, however, saw a abrupt curtailment.
| Import of Cereals; Barley, Seed in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 138 | 87.9 | 68.9 | 73.8 | -18.8% |
| Australia | 29.5 | 46.5 | 48.9 | 52.3 | 21.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 167 | 134 | 118 | 126 | -9.0% |
Top Suppliers of Cereals; Barley, Seed to Myanmar in 2022:
- Romania (302.1 tons)
- Australia (231.7 tons)
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