Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Myanmar - 2023

Contents:

  1. Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Myanmar (FOB) - 2022
  2. Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Myanmar (CIF) - 2022
  3. Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Myanmar
  4. Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Myanmar

Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Myanmar (FOB) - 2022

In 2022, the average export price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes amounted to $250 per ton, picking up by 14% against the previous year. Over the period under review, the export price, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2017 an increase of 61%. The export price peaked at $1,330 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($253 per ton), while the average price for exports to India amounted to $218 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (-15.3%), while the prices for the other major destinations experienced a decline.

Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Myanmar (CIF) - 2022

In 2022, the average import price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes amounted to $8,698 per ton, surging by 23% against the previous year. Over the period under review, the import price showed a resilient increase. The pace of growth appeared the most rapid in 2017 an increase of 1,633%. The import price peaked at $9,891 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +32.9% per year.

Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Myanmar

In 2022, approx. 5.4K tons of apricots, cherries, peaches (including nectarines), plums and sloes, freshes were exported from Myanmar; which is down by -80.5% against the previous year. Over the period under review, exports faced a precipitous setback. The pace of growth was the most pronounced in 2021 with an increase of 1.9%.

In value terms, exports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes declined significantly to $1.3M in 2022. Overall, exports saw a precipitous decrease. The growth pace was the most rapid in 2020 when exports increased by 17% against the previous year. As a result, the exports reached the peak of $12M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Myanmar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh0.70.80.20.6-5.0%
India0.30.10.10.1-30.7%
China4.15.22.7N/A-18.8%
Others5.26.03.00.7-48.7%
Total10.312.16.01.3-49.8%

Top Export Markets for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh from Myanmar in 2022:

  1. Bangladesh (2.4K tons)
  2. India (0.2K tons)

Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Myanmar

In 2022, the amount of apricots, cherries, peaches (including nectarines), plums and sloes, freshes imported into Myanmar plummeted to 13 tons, reducing by -34.7% on 2021. In general, imports continue to indicate a dramatic curtailment.

In value terms, imports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes contracted remarkably to $111K in 2022. Over the period under review, imports recorded a significant decline.

Import of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia16615740.655.4-30.6%
New Zealand21.435.0N/AN/A63.6%
United States25120.3N/AN/A-91.9%
Turkey93.3N/A27.8N/A-45.4%
Others55124169.655.4-53.5%
Total1,083454138111-53.2%

Top Suppliers of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh to Myanmar in 2022:

  1. Australia (6.4 tons)

Source: IndexBox Market Intelligence Platform

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