Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Myanmar - 2022

Contents:

  1. Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Myanmar (FOB) - 2022
  2. Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Myanmar (CIF) - 2022
  3. Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Myanmar
  4. Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Myanmar

Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Myanmar (FOB) - 2022

The average export price for vegetables (uncooked or cooked by steaming or boiling in water); frozen stood at $2,213 per ton in 2022, with an increase of 13% against the previous year. Overall, the export price saw a buoyant expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 56% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Japan.

From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to +138.0% per year.

Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Myanmar (CIF) - 2022

The average import price for vegetables (uncooked or cooked by steaming or boiling in water); frozen stood at $1,480 per ton in 2022, which is down by -12% against the previous year. In general, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vegetables (uncooked or cooked by steaming or boiling in water); frozen increased by +116.9% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 54%. Over the period under review, average import prices attained the maximum at $1,682 per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($1,825 per ton), while the price for the Netherlands ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Myanmar

In 2022, the amount of vegetables (uncooked or cooked by steaming or boiling in water); frozen exported from Myanmar soared to 971 tons, increasing by 40% against the previous year. Overall, exports, however, showed a pronounced reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 46%. As a result, the exports attained the peak of 1.6K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of vegetables (uncooked or cooked by steaming or boiling in water); frozen soared to $2.1M in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern.

Export of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan2,0541,8821,3392,1411.4%
South Korea27.254.09.00.2-80.6%
China10.071.8N/AN/A618.0%
Others89.190.06.38.4-54.5%
Total2,1812,0981,3542,149-0.5%

Top Export Markets for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen from Myanmar in 2022:

  1. Japan (966.9 tons)
  2. South Korea (0.3 tons)

Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Myanmar

In 2022, overseas purchases of vegetables (uncooked or cooked by steaming or boiling in water); frozen were finally on the rise to reach 187 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a dramatic contraction.

In value terms, imports of vegetables (uncooked or cooked by steaming or boiling in water); frozen surged to $277K in 2022. Overall, imports, however, showed a sharp decline.

Import of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
DenmarkN/A98.056.812211.6%
Belgium34.985.444.778.130.8%
Thailand26.569.64.031.96.4%
China13049.012.227.1-40.7%
Netherlands23.824.8N/A18.0-8.9%
United States56840021.2N/A-80.7%
Others67.941.5N/AN/A-38.9%
Total852768139277-31.2%

Top Suppliers of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen to Myanmar in 2022:

  1. Denmark (76.2 tons)
  2. Belgium (42.8 tons)
  3. Thailand (28.3 tons)
  4. China (22.0 tons)
  5. Netherlands (18.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Vegetables (uncooked or cooked by steaming or boiling in water); frozen - Myanmar