Price for Frozen Concentrated Orange Juice in Myanmar - 2022
Contents:
- Price for Frozen Concentrated Orange Juice in Myanmar (CIF) - 2022
- Imports of Frozen Concentrated Orange Juice in Myanmar
Price for Frozen Concentrated Orange Juice in Myanmar (CIF) - 2022
The average frozen concentrated orange juice import price stood at $546 per ton in 2022, approximately reflecting the previous year. Overall, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 64% against the previous year. Over the period under review, average import prices attained the maximum at $3,023 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($10,500 per ton), while the price for Thailand ($496 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Frozen Concentrated Orange Juice in Myanmar
In 2022, supplies from abroad of frozen concentrated orange juice decreased by 0% to 68 tons, falling for the second consecutive year after two years of growth. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 561%. As a result, imports reached the peak of 114 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, frozen concentrated orange juice imports totaled $37K in 2022. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 297% against the previous year. As a result, imports reached the peak of $74K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Frozen Concentrated Orange Juice in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 4.4 | 17.7 | N/A | 28.4 | 86.2% |
| China | 3.2 | 14.4 | N/A | 3.7 | 5.0% |
| United States | 7.3 | 14.1 | N/A | 3.6 | -21.0% |
| Spain | N/A | 10.8 | N/A | N/A | 0% |
| Others | 3.8 | 17.3 | N/A | 1.4 | -28.3% |
| Total | 18.7 | 74.2 | N/A | 37.1 | 25.7% |
Top Suppliers of Frozen Concentrated Orange Juice to Myanmar in 2022:
- Thailand (57.1 tons)
- United States (5.5 tons)
- China (5.2 tons)
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