Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Myanmar - 2023
Contents:
- Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Myanmar (FOB) - 2022
- Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Myanmar
Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Myanmar (FOB) - 2022
The average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $811 per ton in 2022, waning by -10.2% against the previous year. Overall, the export price showed a abrupt downturn. The pace of growth was the most pronounced in 2021 when the average export price increased by 88%. Over the period under review, the average export prices hit record highs at $1,639 per ton in 2012; however, from 2013 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 Thailand ($984 per ton), while the average price for exports to South Korea ($80 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 Thailand (-0.8%), while the prices for the other major destinations experienced a decline.
Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Myanmar
After three years of growth, shipments abroad of ground-nuts; other than seed, not roasted or otherwise cooked, in shell decreased by -24.2% to 3.3K tons in 2022. Overall, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 2,119% against the previous year.
In value terms, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell fell dramatically to $2.7M in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,415%.
| Export of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 44.3 | 589 | 3,803 | 2,456 | 281.3% |
| China | 0.1 | 4.4 | 3.9 | 171 | 1095.8% |
| South Korea | 0.9 | 74.6 | 16.4 | 42.2 | 260.6% |
| Others | 0.8 | 29.9 | 155 | 37.7 | 261.2% |
| Total | 46.1 | 698 | 3,979 | 2,707 | 288.7% |
Top Export Markets for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell from Myanmar in 2022:
- Thailand (2496.5 tons)
- South Korea (528.2 tons)
- China (272.7 tons)
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