Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Myanmar - 2023

Contents:

  1. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Myanmar (CIF) - 2022
  2. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Myanmar (FOB) - 2022
  3. Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Myanmar
  4. Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Myanmar

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Myanmar (CIF) - 2022

In 2022, the average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $5,643 per ton, flattening at the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 70%. The import price peaked at $9,746 per ton in 2019; however, from 2020 to 2022, 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 Ukraine ($6,217 per ton), while the price for the United States ($1,340 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Myanmar (FOB) - 2022

In 2022, the average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $598 per ton, rising by 91% against the previous year. Overall, the export price showed significant growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 108% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($1,521 per ton), while the average price for exports to Thailand amounted to $483 per ton.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+97.5%).

Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Myanmar

In 2022, the amount of cereal grains; rolled or flaked, of cereals excluding barley and oatses imported into Myanmar soared to 6.4 tons, increasing by 24% compared with 2021 figures. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 3,007% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses surged to $36K in 2022. Over the period under review, imports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 2,920% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the immediate term.

Import of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia13.30.927.533.836.5%
Ukraine0.4N/A0.91.348.1%
United States0.8N/A0.90.80.0%
Others0.2N/A0.30.426.0%
Total14.61.029.636.235.3%

Top Suppliers of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats to Myanmar in 2022:

  1. Australia (5.5 tons)
  2. United States (0.6 tons)
  3. Ukraine (0.2 tons)

Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Myanmar

After two years of growth, shipments abroad of cereal grains; rolled or flaked, of cereals excluding barley and oatses decreased by -51.9% to 34 tons in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 4,107%. As a result, the exports reached the peak of 71 tons, and then contracted markedly in the following year.

In value terms, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses declined to $20K in 2022. In general, exports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 8,648% against the previous year. As a result, the exports reached the peak of $22K, and then fell in the following year.

Export of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Myanmar (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
ThailandN/A3.714.7297.3%
ChinaN/AN/A5.40%
Qatar0.318.5N/A6066.7%
OthersN/AN/A0.30%
Total0.322.220.4724.6%

Top Export Markets for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats from Myanmar in 2022:

  1. Thailand (30.3 tons)
  2. China (3.6 tons)

Source: IndexBox Market Intelligence Platform

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