Myanmar - Cow Peas - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCow Peas Price in Myanmar - 2022
Contents:
- Cow Peas Price in Myanmar (FOB) - 2022
- Cow Peas Price in Myanmar (CIF) - 2022
- Cow Peas Exports in Myanmar
- Cow Peas Imports in Myanmar
Cow Peas Price in Myanmar (FOB) - 2022
In December 2022, the average cow peas export price amounted to $577 per ton, waning by -11.2% against the previous month. Overall, the export price continues to indicate a deep slump. The pace of growth was the most pronounced in June 2022 when the average export price increased by 11% against the previous month. Over the period under review, the average export prices hit record highs at $1,074 per ton in December 2021; however, from January 2022 to December 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In December 2022, the country with the highest price was South Korea ($844 per ton), while the average price for exports to China ($550 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (-2.6%), while the prices for the other major destinations experienced a decline.
Cow Peas Price in Myanmar (CIF) - 2022
The average cow peas import price stood at $3,300 per ton in 2022, almost unchanged from the previous year. Over the period under review, the import price saw a noticeable slump. The pace of growth was the most pronounced in 2021 when the average import price decreased by 99.9% against the previous year. Over the period under review, average import prices attained the maximum at $4,438 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Madagascar.
From 2015 to 2022, the rate of growth in terms of prices for Madagascar amounted to -0.0% per year.
Cow Peas Exports in Myanmar
In 2022, the amount of cow peas (dry) exported from Myanmar surged to 25K tons, growing by 2,762% on 2021 figures. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, cow peas exports soared to $18M in 2022. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cow Peas in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.2 | 2.7 | 12.0 | 10,355 | 980.9% |
| India | 8.8 | 0.5 | 19.5 | 2,747 | 578.4% |
| South Korea | 140 | 43.0 | 198 | 2,461 | 160.0% |
| Indonesia | 1.8 | 13.6 | 11.8 | 922 | 700.1% |
| United Arab Emirates | 63.8 | 26.2 | 146 | 57.7 | -3.3% |
| Others | 193 | 68.1 | 324 | 982 | 72.0% |
| Total | 415 | 154 | 712 | 17,525 | 248.2% |
Top Export Markets for Cow Peas from Myanmar in 2022:
- China (14.5K tons)
- India (4.9K tons)
- South Korea (2.8K tons)
- Indonesia (1.1K tons)
- United Arab Emirates (0.1K tons)
Cow Peas Imports in Myanmar
In 2022, the amount of cow peas (dry) imported into Myanmar totaled 80 kg, remaining constant against 2021 figures. Overall, imports continue to indicate a dramatic contraction. The smallest decline of 99.9% was in 2021.
In value terms, cow peas imports totaled $264 in 2022. In general, imports showed a dramatic downturn. The smallest decline of 99.9% was in 2021.
| Import of Cow Peas in Myanmar (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Madagascar | 526 | N/A | 264 | -29.2% | |
| Others | 2.0 | N/A | N/A | 0% | |
| Total | 528 | N/A | 264 | -29.3% | |
Top Suppliers of Cow Peas to Myanmar in 2022:
- Madagascar (80.0 kg)
This report provides an in-depth analysis of the cow peas market in Myanmar. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 195 - Cow peas, dry
Country coverage:
- Myanmar
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Myanmar
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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