Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Myanmar - 2023
Contents:
- Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Myanmar (FOB) - 2023
- Exports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Myanmar
Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Myanmar (FOB) - 2023
In December 2023, the average export price for oleaginous fruits; palm nuts and kernels, whether or not broken amounted to $181 per ton, rising by 5.8% against the previous month. In general, the export price, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in November 2023 an increase of 98% m-o-m. Over the period under review, the average export prices hit record highs at $401 per ton in December 2022; however, from January 2023 to December 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Thailand.
From December 2022 to December 2023, the rate of growth in terms of prices for Thailand amounted to +7.3% per month.
Exports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Myanmar
In 2022, after three years of growth, there was significant decline in overseas shipments of oleaginous fruits; palm nuts and kernels, whether or not broken, when their volume decreased by -50.1% to 3.2K tons. Overall, exports, however, posted strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by 77%. As a result, the exports reached the peak of 6.4K tons, and then reduced notably in the following year.
In value terms, exports of oleaginous fruits; palm nuts and kernels, whether or not broken contracted dramatically to $532K in 2022. In general, exports saw a noticeable decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 40%. As a result, the exports attained the peak of $838K, and then fell markedly in the following year.
| Export of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 182 | 258 | 431 | 255 | 11.9% |
| China | 362 | 295 | 308 | 206 | -17.1% |
| United Arab Emirates | N/A | N/A | N/A | 12.0 | 0% |
| Others | 38.2 | 45.6 | 98.0 | 59.4 | 15.9% |
| Total | 582 | 598 | 838 | 532 | -2.9% |
Top Export Markets for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken from Myanmar in 2022:
- Thailand (2652.2 tons)
- China (428.6 tons)
- United Arab Emirates (50.4 tons)
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