Price for Vegetable Products Not Elsewhere Specified or Included in Myanmar - 2023
Contents:
- Price for Vegetable Products Not Elsewhere Specified or Included in Myanmar (FOB) - 2022
- Price for Vegetable Products Not Elsewhere Specified or Included in Myanmar (CIF) - 2022
- Exports of Vegetable Products Not Elsewhere Specified or Included in Myanmar
- Imports of Vegetable Products Not Elsewhere Specified or Included in Myanmar
Price for Vegetable Products Not Elsewhere Specified or Included in Myanmar (FOB) - 2022
The average export price for vegetable products not elsewhere specified or includeds stood at $1,125 per ton in 2022, dropping by -49.8% against the previous year. In general, the export price continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2018 an increase of 225% against the previous year. Over the period under review, the average export prices reached the peak figure at $6,014 per ton in 2019; however, from 2020 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 the United States ($2,601 per ton), while the average price for exports to Pakistan ($143 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 the United States (+13.0%), while the prices for the other major destinations experienced a decline.
Price for Vegetable Products Not Elsewhere Specified or Included in Myanmar (CIF) - 2022
In 2022, the average import price for vegetable products not elsewhere specified or includeds amounted to $2,193 per ton, with an increase of 47% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 542%. Over the period under review, average import prices hit record highs at $4,777 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($3,125 per ton), while the price for Thailand ($1,749 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+33.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Vegetable Products Not Elsewhere Specified or Included in Myanmar
For the fourth year in a row, Myanmar recorded growth in shipments abroad of vegetable products not elsewhere specified or includeds, which increased by 64% to 6.5K tons in 2022. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 245%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of vegetable products not elsewhere specified or includeds reached $6.1M in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 177%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.
| Export of Vegetable Products Not Elsewhere Specified or Included in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,271 | 4,612 | 3,105 | 3,417 | 39.0% |
| China | 12.0 | 255 | 648 | 2,269 | 474.0% |
| Singapore | 13.9 | 218 | 372 | 204 | 144.8% |
| Malaysia | N/A | 2.0 | 42.0 | 52.2 | 410.9% |
| Pakistan | N/A | N/A | N/A | 39.2 | 0% |
| Thailand | 3.3 | 98.7 | 175 | 26.6 | 100.5% |
| India | N/A | N/A | 1,219 | 4.3 | -99.6% |
| Taiwan (Chinese) | 594 | 169 | 18.9 | N/A | -82.2% |
| Others | 40.7 | 4.9 | 395 | 78.1 | 24.3% |
| Total | 1,935 | 5,360 | 5,975 | 6,090 | 46.5% |
Top Export Markets for Vegetable Products Not Elsewhere Specified or Included from Myanmar in 2022:
- China (4518.5 tons)
- United States (1313.5 tons)
- Pakistan (273.9 tons)
- Singapore (189.9 tons)
- Malaysia (108.9 tons)
- Thailand (19.5 tons)
- India (3.3 tons)
Imports of Vegetable Products Not Elsewhere Specified or Included in Myanmar
In 2022, imports of vegetable products not elsewhere specified or includeds into Myanmar soared to 59 tons, jumping by 259% against 2021 figures. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 512% against the previous year. As a result, imports reached the peak of 90 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of vegetable products not elsewhere specified or includeds soared to $116K in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vegetable Products Not Elsewhere Specified or Included in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 30.1 | 28.9 | 23.5 | 88.1 | 43.0% |
| China | 0.4 | 1.4 | 1.1 | 27.7 | 310.7% |
| Malaysia | N/A | 3.5 | N/A | N/A | 0% |
| Others | 21.9 | N/A | N/A | 0.3 | -76.1% |
| Total | 52.4 | 33.8 | 24.6 | 116 | 30.3% |
Top Suppliers of Vegetable Products Not Elsewhere Specified or Included to Myanmar in 2022:
- Thailand (50.4 tons)
- China (8.9 tons)
442
This report provides an in-depth analysis of the cotton linters market in Myanmar.
836
This report provides an in-depth analysis of the global cotton linters market.
442
This report provides an in-depth analysis of the cotton linters market in Myanmar.
836
This report provides an in-depth analysis of the global cotton linters market.
Nothing found. Please try again.
