Spices; Mixtures Price in Myanmar - 2022
Contents:
- Spices; Mixtures Price in Myanmar (FOB) - 2022
- Spices; Mixtures Price in Myanmar (CIF) - 2022
- Spices; Mixtures Exports in Myanmar
- Spices; Mixtures Imports in Myanmar
Spices; Mixtures Price in Myanmar (FOB) - 2022
In 2022, the average spices; mixtures export price amounted to $542 per ton, declining by -6.2% against the previous year. Over the period under review, the export price continues to indicate a sharp decline. The pace of growth appeared the most rapid in 2018 an increase of 56% against the previous year. Over the period under review, the average export prices reached the maximum at $4,836 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2,962 per ton), while the average price for exports to Singapore ($234 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+26.3%), while the prices for the other major destinations experienced more modest paces of growth.
Spices; Mixtures Price in Myanmar (CIF) - 2022
The average spices; mixtures import price stood at $1,085 per ton in 2022, shrinking by -77.1% against the previous year. Over the period under review, the import price continues to indicate a abrupt setback. The growth pace was the most rapid in 2020 when the average import price increased by 191% against the previous year. The import price peaked at $5,771 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($13,368 per ton), while the price for India ($500 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+9.8%), while the prices for the other major suppliers experienced a decline.
Spices; Mixtures Exports in Myanmar
After three years of growth, overseas shipments of spices; mixtureses decreased by -83.4% to 106 tons in 2022. In general, exports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2020 with an increase of 81%.
In value terms, spices; mixtures exports declined remarkably to $57K in 2022. Overall, exports faced a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. As a result, the exports reached the peak of $369K, and then shrank remarkably in the following year.
Export of Spices; Mixtures in Myanmar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Pakistan | N/A | 21.6 | N/A | 13.7 | -20.4% |
Malaysia | 43.0 | 66.5 | 42.6 | 10.7 | -37.1% |
Thailand | N/A | 4.5 | 7.7 | 10.1 | 49.8% |
Yemen | N/A | 35.0 | 146 | 9.0 | -49.3% |
Singapore | 15.7 | 5.3 | 9.0 | 6.2 | -26.6% |
United States | 11.8 | 15.7 | N/A | 6.1 | -19.7% |
Germany | 78.0 | N/A | N/A | N/A | 0% |
India | 118 | 131 | 57.0 | N/A | -30.5% |
Bangladesh | N/A | N/A | 42.2 | N/A | 0% |
Others | 1.7 | 25.2 | 64.8 | 1.7 | 0.0% |
Total | 268 | 305 | 369 | 57.5 | -40.1% |
Top Export Markets for Spices; Mixtures from Myanmar in 2022:
- Singapore (26.8 tons)
- Thailand (25.2 tons)
- Pakistan (24.8 tons)
- Yemen (18.0 tons)
- Malaysia (6.8 tons)
- United States (2.1 tons)
Spices; Mixtures Imports in Myanmar
In 2022, purchases abroad of spices; mixtureses was finally on the rise to reach 63 tons after two years of decline. Overall, imports, however, continue to indicate a pronounced downturn.
In value terms, spices; mixtures imports surged to $68K in 2022. Over the period under review, imports, however, faced a deep contraction.
Import of Spices; Mixtures in Myanmar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 69.7 | 1.5 | N/A | 28.0 | -26.2% |
Thailand | N/A | N/A | 10.9 | 17.3 | 58.7% |
Australia | 22.3 | 48.4 | 22.8 | 15.6 | -11.2% |
Singapore | N/A | 9.3 | 20.5 | 7.5 | -10.2% |
Malaysia | 3.0 | 2.9 | 0.8 | N/A | -48.4% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 95.1 | 62.2 | 55.1 | 68.3 | -10.4% |
Top Suppliers of Spices; Mixtures to Myanmar in 2022:
- India (56.0 tons)
- Singapore (5.0 tons)
- Thailand (1.3 tons)
- Australia (0.7 tons)
This report provides an in-depth analysis of the ginger market in Myanmar.
This report provides an in-depth analysis of the market for spices except pepper or ginger in Myanmar.
This report provides an in-depth analysis of the market for dog and cat food in Myanmar.
This report provides an in-depth analysis of the apricot market in Myanmar.
This report provides an in-depth analysis of the virgin olive oil market in Myanmar.
This report provides an in-depth analysis of the paint and varnish market in Myanmar.
This report provides an in-depth analysis of the olive oil market in Myanmar.
This report provides an in-depth analysis of the encased lead pencil market in Myanmar.
This report provides an in-depth analysis of the diphosphorus pentaoxide market in Myanmar.
This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Myanmar.
The global ginger market is forecast to reach USD 10.3 billion by 2030, growing at a CAGR of 4.7% during the forecast period (2022-2030).
In the wake of the pandemic, the ginger market has accelerated its growth as demand for foods with a reputation for immunity system health has soared to unprecedented heights. India, which almost tripled its export of ginger in 2020, may become a serious competitor to the main global supplier - China. The majority of the developed countries have increased the volume of imports, which, in the context of Covid restrictions and a shortage of container traffic, has led to an increase in prices for the product.
The global ginger market revenue amounted to $5.3B in 2018, jumping by 2.8% against the previous year. This figure...
Global ginger consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
Global ginger imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
The global ginger market recorded a positive trend over the period under review, growing from X thousand tons in 2007 to X thousand tons in 2015 with a CAGR +X>
The value of total imports on the global ginger market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, imports of ginger was X thousand tons i
In 2015, the leading ginger consuming markets were India (X%), Indonesia (X%), Nepal (X%), Nigeria (X%), and China (X%), together accounting for approximately X% of global consumption. These countries were also amongst the leading producers on the g
From 2007 to 2015, global exports on the ginger market grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports were X thousand tons in 2015, X thousand tons more than the year before.
The global ginger production was estimated at X thousand tons in 2015, which was X thousand tons (or X%) more than in 2014.