Price for Cereal Flours; Other than of Wheat or Meslin in Myanmar - 2022
Contents:
- Price for Cereal Flours; Other than of Wheat or Meslin in Myanmar (FOB) - 2022
- Price for Cereal Flours; Other than of Wheat or Meslin in Myanmar (CIF) - 2022
- Exports of Cereal Flours; Other than of Wheat or Meslin in Myanmar
- Imports of Cereal Flours; Other than of Wheat or Meslin in Myanmar
Price for Cereal Flours; Other than of Wheat or Meslin in Myanmar (FOB) - 2022
In December 2022, the average export price for cereal flours; other than of wheat or meslin amounted to $922 per ton, rising by 55% against the previous month. In general, the export price enjoyed a resilient expansion. The most prominent rate of growth was recorded in March 2022 an increase of 125% against the previous month. Over the period under review, the average export prices hit record highs at $1,091 per ton in September 2022; however, from October 2022 to December 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Thailand.
From December 2021 to December 2022, the rate of growth in terms of prices for Thailand amounted to +6.7% per month.
Price for Cereal Flours; Other than of Wheat or Meslin in Myanmar (CIF) - 2022
In 2022, the average import price for cereal flours; other than of wheat or meslin amounted to $541 per ton, declining by -4.9% against the previous year. Over the period under review, the import price showed a abrupt decline. The growth pace was the most rapid in 2021 when the average import price increased by 44%. The import price peaked at $931 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 Belgium ($1,500 per ton), while the price for Thailand ($490 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+26.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cereal Flours; Other than of Wheat or Meslin in Myanmar
For the fourth consecutive year, Myanmar recorded growth in shipments abroad of cereal flours; other than of wheat or meslin, which increased by 119% to 64K tons in 2022. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 376%. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in years to come.
In value terms, exports of cereal flours; other than of wheat or meslin soared to $41M in 2022. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 818% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Cereal Flours; Other than of Wheat or Meslin in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | N/A | 6.2 | 14.8 | 40.9 | 156.8% |
| Malaysia | 0.7 | 0.5 | 0.3 | 0.3 | -24.6% |
| Others | 0.1 | N/A | 0.3 | N/A | 73.2% |
| Total | 0.7 | 6.7 | 15.4 | 41.2 | 289.0% |
Top Export Markets for Cereal Flours; Other than of Wheat or Meslin from Myanmar in 2022:
- Thailand (63.2K tons)
- Malaysia (0.8K tons)
Imports of Cereal Flours; Other than of Wheat or Meslin in Myanmar
Imports of cereal flours; other than of wheat or meslin into Myanmar rose markedly to 494 tons in 2022, with an increase of 11% on 2021 figures. In general, imports, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 18%. As a result, imports attained the peak of 924 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of cereal flours; other than of wheat or meslin amounted to $267K in 2022. Overall, imports, however, saw a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. As a result, imports reached the peak of $366K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Cereal Flours; Other than of Wheat or Meslin in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 227 | 305 | 227 | 231 | 0.6% |
| Belgium | 3.9 | 21.3 | N/A | 17.9 | 66.2% |
| Singapore | 58.9 | 19.9 | 14.3 | 6.6 | -51.8% |
| Others | 23.5 | 19.6 | 11.9 | 12.3 | -19.4% |
| Total | 313 | 366 | 253 | 267 | -5.2% |
Top Suppliers of Cereal Flours; Other than of Wheat or Meslin to Myanmar in 2022:
- Thailand (470.9 tons)
- Belgium (11.9 tons)
- Singapore (4.5 tons)
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Explore the top import markets for cereal flour in 2023, including key statistics and market insights. Learn about the leading countries driving demand for cereal flour products.
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Explore the top import markets for cereal flour in 2023, including key statistics and market insights. Learn about the leading countries driving demand for cereal flour products.
