Myanmar - Mustard Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMustard Seed Price in Myanmar - 2022
Contents:
- Mustard Seed Price in Myanmar (CIF) - 2022
- Mustard Seed Price in Myanmar (FOB) - 2021
- Mustard Seed Imports in Myanmar
- Mustard Seed Exports in Myanmar
Mustard Seed Price in Myanmar (CIF) - 2022
The average mustard seed import price stood at $886 per ton in 2022, reducing by -1.8% against the previous year. Overall, the import price, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2013 when the average import price increased by 110% against the previous year. Over the period under review, average import prices attained the maximum at $903 per ton in 2021, and then fell slightly in the following year.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +14.4% per year.
Mustard Seed Price in Myanmar (FOB) - 2021
In July 2020, the average mustard seed export price amounted to $400 per ton, approximately equating the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level of $400 per ton; afterwards, it flattened through to July 2020.
As there is only one major export destination, the average price level is determined by prices for China.
From April 2020 to July 2020, the rate of growth in terms of prices for China amounted to 0.0% per month.
Mustard Seed Imports in Myanmar
In 2022, mustard seed imports into Myanmar fell markedly to 24 tons, with a decrease of -29.8% against 2021. In general, imports recorded a sharp decline. The pace of growth was the most pronounced in 2021 with an increase of 58% against the previous year.
In value terms, mustard seed imports fell rapidly to $22K in 2022. Over the period under review, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 133%. As a result, imports attained the peak of $31K, and then contracted markedly in the following year.
| Import of Mustard Seed in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.3 | 7.6 | 28.1 | 21.6 | 316.0% |
| Afghanistan | N/A | N/A | 2.2 | N/A | 0% |
| Australia | 26.6 | N/A | N/A | N/A | 0% |
| Pakistan | 1.3 | 5.8 | 1.1 | N/A | -8.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 28.1 | 13.4 | 31.3 | 21.6 | -8.4% |
Top Suppliers of Mustard Seed to Myanmar in 2022:
- India (24.4 tons)
Mustard Seed Exports in Myanmar
In 2022, the amount of mustard seed exported from Myanmar stood at 250 tons, stabilizing at the previous year. Overall, exports faced a sharp descent. The smallest decline of -79.4% was in 2020.
In value terms, mustard seed exports stood at $100K in 2022. In general, exports saw a dramatic slump. The smallest decline of -81.2% was in 2020.
| Export of Mustard Seed in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,006 | 144 | N/A | 83.7 | -56.3% |
| South Korea | 57.2 | 49.5 | N/A | 14.8 | -36.3% |
| Others | N/A | 6.2 | N/A | 1.5 | -50.8% |
| Total | 1,064 | 200 | N/A | 100 | -54.5% |
Top Export Markets for Mustard Seed from Myanmar in 2022:
- China (216.4 tons)
- South Korea (32.7 tons)
This report provides an in-depth analysis of the mustard seed 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 292 - Mustard seed
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
2030
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