Price for Cereal Groats; Meal and Pellets in Myanmar - 2022
Contents:
- Price for Cereal Groats; Meal and Pellets in Myanmar (CIF) - 2022
- Price for Cereal Groats; Meal and Pellets in Myanmar (FOB) - 2022
- Imports of Cereal Groats; Meal and Pellets in Myanmar
- Exports of Cereal Groats; Meal and Pellets in Myanmar
Price for Cereal Groats; Meal and Pellets in Myanmar (CIF) - 2022
The average import price for cereal groats; meal and pelletses stood at $397 per ton in 2022, standing approx. at the previous year. Over the period under review, the import price, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2013 when the average import price increased by 51%. As a result, import price attained the peak level of $879 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($773 per ton), while the price for Australia ($180 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereal Groats; Meal and Pellets in Myanmar (FOB) - 2022
In 2022, the average export price for cereal groats; meal and pelletses amounted to $264 per ton, falling by -36.6% against the previous year. In general, the export price showed a perceptible decrease. The pace of growth appeared the most rapid in 2020 when the average export price increased by 58%. The export price peaked at $672 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($820 per ton), while the average price for exports to Malaysia ($174 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+6.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cereal Groats; Meal and Pellets in Myanmar
In 2022, the amount of cereal groats; meal and pelletses imported into Myanmar fell dramatically to 735 tons, reducing by -28.7% on the previous year's figure. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 156%. As a result, imports attained the peak of 1K tons, and then fell markedly in the following year.
In value terms, cereal groats; meal and pellets imports shrank sharply to $292K in 2022. Over the period under review, imports saw a pronounced slump. The pace of growth was the most pronounced in 2021 when imports increased by 124% against the previous year. As a result, imports reached the peak of $403K, and then shrank dramatically in the following year.
| Import of Cereal Groats; Meal and Pellets in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 3.8 | 1.9 | 43.2 | 140 | 232.7% |
| India | 27.4 | 10.9 | 169 | 72.7 | 38.4% |
| Australia | 29.1 | 9.9 | 110 | 47.0 | 17.3% |
| China | 0.9 | 2.0 | 51.5 | 22.1 | 190.7% |
| Romania | 263 | 126 | N/A | N/A | -52.1% |
| Others | 6.5 | 29.4 | 29.7 | 9.8 | 14.7% |
| Total | 331 | 180 | 403 | 292 | -4.1% |
Top Suppliers of Cereal Groats; Meal and Pellets to Myanmar in 2022:
- Australia (261.1 tons)
- India (201.1 tons)
- Thailand (181.5 tons)
- China (76.7 tons)
Exports of Cereal Groats; Meal and Pellets in Myanmar
In 2022, overseas shipments of cereal groats; meal and pelletses decreased by -96% to 301 tons, falling for the second consecutive year after two years of growth. Overall, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 3,666%. As a result, the exports attained the peak of 15K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, cereal groats; meal and pellets exports shrank significantly to $79K in 2022. Over the period under review, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 5,858%. As a result, the exports attained the peak of $6.3M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Cereal Groats; Meal and Pellets in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 82.6 | 6,127 | 2,036 | 74.1 | -3.6% |
| Malaysia | 8.9 | 61.8 | 266 | 1.9 | -40.2% |
| Singapore | 2.8 | 34.3 | 387 | 1.5 | -18.8% |
| Others | 10.7 | 37.3 | 448 | 1.8 | -44.8% |
| Total | 105 | 6,261 | 3,137 | 79.3 | -8.9% |
Top Export Markets for Cereal Groats; Meal and Pellets from Myanmar in 2022:
- Thailand (281.9 tons)
- Malaysia (10.8 tons)
- Singapore (5.6 tons)
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