Flakes; of Potatoes Price in Myanmar - 2023

Contents:

1. Flakes; of Potatoes Price in Myanmar (FOB) - 2022
2. Flakes; of Potatoes Price in Myanmar (CIF) - 2022
3. Flakes; of Potatoes Exports in Myanmar
4. Flakes; of Potatoes Imports in Myanmar

Flakes; of Potatoes Price in Myanmar (FOB) - 2022

The average flakes; of potatoes export price stood at $1,838 per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price saw a strong increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 1.1%. 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 the United States.

From 2016 to 2022, the rate of growth in terms of prices for South Korea amounted to +7.1% per year.

Flakes; of Potatoes Price in Myanmar (CIF) - 2022

In 2022, the average flakes; of potatoes import price amounted to $350 per ton, remaining constant against the previous year. In general, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2018 an increase of 57% against the previous year. Over the period under review, average import prices hit record highs at $1,453 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($345 per ton), while the price for Spain stood at $294 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+18.1%), while the prices for the other major suppliers experienced a decline.

Flakes; of Potatoes Exports in Myanmar

In 2022, shipments abroad of flakes; of potatoeses decreased by 0% to 136 kg, falling for the second year in a row after two years of growth. Overall, exports saw a precipitous curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 1,737% against the previous year. As a result, the exports attained the peak of 200 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, flakes; of potatoes exports stood at $250 in 2022. In general, exports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 1,757% against the previous year. As a result, the exports attained the peak of $306K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Top Export Markets for Flakes; of Potatoes from Myanmar in 2022:

1. United States (136.0 kg)

Flakes; of Potatoes Imports in Myanmar

In 2022, imports of flakes; of potatoeses into Myanmar totaled 3.5 tons, remaining constant against the previous year. Overall, imports continue to indicate a sharp decline. The smallest decline of -97.9% was in 2020.

In value terms, flakes; of potatoes imports totaled $1.2K in 2022. Over the period under review, imports recorded a precipitous shrinkage. The smallest decline of -98.7% was in 2020.

Top Suppliers of Flakes; of Potatoes to Myanmar in 2022:

1. China (3.4 tons)
2. Spain (0.1 tons)

Source: IndexBox Market Intelligence Platform