Dried Apricot Price in Myanmar - 2021
Contents:
Dried Apricot Price in Myanmar (FOB) - 2022
In 2022, the average dried apricot export price amounted to $312 per ton, shrinking by -16.8% against the previous year. In general, the export price faced a sharp contraction. The pace of growth was the most pronounced in 2020 an increase of 52%. Over the period under review, the average export prices hit record highs at $4,004 per ton in 2013; however, from 2014 to 2022, 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 Bangladesh.
From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +25.4% per year.
Dried Apricot Exports in Myanmar
In 2022, the amount of dried apricots exported from Myanmar surged to 1.7K tons, with an increase of 222% against 2021. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 285%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, dried apricot exports skyrocketed to $521K in 2022. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 485%. As a result, the exports reached the peak of $847K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Dried Apricot in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 145 | 200 | 194 | 521 | 53.2% |
| China | N/A | 647 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 145 | 847 | 194 | 521 | 53.2% |
Top Export Markets for Dried Apricot from Myanmar in 2022:
- Bangladesh (1.7K tons)
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