Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Myanmar - 2023

Contents:

  1. Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Myanmar (FOB) - 2022
  2. Exports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Myanmar

Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Myanmar (FOB) - 2022

The average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $960 per ton in 2022, with a decrease of -13.7% against the previous year. Overall, the export price, however, showed a slight increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 59%. Over the period under review, the average export prices attained the peak figure at $1,917 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($1,184 per ton), while the average price for exports to the United Arab Emirates ($610 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+99.2%), while the prices for the other major destinations experienced more modest paces of growth.

Exports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Myanmar

In 2022, approx. 32 tons of flour and meal; of the dried leguminous vegetables of heading no. 0713 were exported from Myanmar; growing by 116% against the previous year. In general, exports, however, recorded a significant contraction.

In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 surged to $31K in 2022. Over the period under review, exports, however, recorded a sharp curtailment.

Export of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Myanmar (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
South Korea8.02.018.953.7%
Malaysia13.22.17.8-23.1%
United StatesN/AN/A2.10%
United Arab Emirates0.90.11.529.1%
Singapore13.10.10.2-87.6%
China1,753N/AN/A0%
United Kingdom28.92.3N/A-92.0%
Kuwait10.01.7N/A-83.0%
Qatar1914.0N/A-97.9%
Others25.94.30.1-93.8%
Total2,04316.530.7-87.7%

Top Export Markets for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 from Myanmar in 2022:

  1. South Korea (16.0 tons)
  2. Malaysia (11.4 tons)
  3. United Arab Emirates (2.5 tons)
  4. United States (1.8 tons)
  5. Singapore (0.3 tons)

Source: IndexBox Market Intelligence Platform

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