Preserved Sauerkraut Price in Myanmar - 2022

Contents:

1. Preserved Sauerkraut Price in Myanmar (FOB) - 2022
2. Preserved Sauerkraut Price in Myanmar (CIF) - 2022
3. Preserved Sauerkraut Exports in Myanmar
4. Preserved Sauerkraut Imports in Myanmar

Preserved Sauerkraut Price in Myanmar (FOB) - 2022

In 2022, the average preserved sauerkraut export price amounted to $5,441 per ton, jumping by 44% against the previous year. Over the period under review, the export price saw prominent growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 76%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($6,000 per ton), while the average price for exports to the United States stood at $1,880 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+19.8%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Sauerkraut Price in Myanmar (CIF) - 2022

The average preserved sauerkraut import price stood at $2,865 per ton in 2022, which is down by -38.1% against the previous year. Over the period under review, the import price, however, showed tangible growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 82% against the previous year. Over the period under review, average import prices attained the peak figure at $4,629 per ton in 2021, and then plummeted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($5,097 per ton), while the price for Thailand ($1,266 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Preserved Sauerkraut Exports in Myanmar

In 2022, after three years of growth, there was significant decline in overseas shipments of preserved sauerkraut, when their volume decreased by -99.3% to 2.4 tons. In general, exports continue to indicate a dramatic contraction. The pace of growth appeared the most rapid in 2021 with an increase of 105% against the previous year. As a result, the exports reached the peak of 357 tons, and then plummeted in the following year.

In value terms, preserved sauerkraut exports dropped notably to $13K in 2022. Overall, exports showed a precipitous slump. The pace of growth was the most pronounced in 2021 with an increase of 115% against the previous year. As a result, the exports reached the peak of $1.4M, and then fell markedly in the following year.

Top Export Markets for Preserved Sauerkraut from Myanmar in 2022:

1. Thailand (2.0 tons)
2. United States (0.3 tons)

Preserved Sauerkraut Imports in Myanmar

In 2022, the amount of preserved sauerkraut imported into Myanmar skyrocketed to 20 tons, with an increase of 279% on the previous year's figure. Overall, imports, however, continue to indicate a abrupt setback.

In value terms, preserved sauerkraut imports skyrocketed to $57K in 2022. Over the period under review, imports, however, continue to indicate a deep downturn.

Top Suppliers of Preserved Sauerkraut to Myanmar in 2022:

1. China (16.5 tons)
2. Thailand (2.2 tons)
3. Italy (0.7 tons)
4. South Korea (0.6 tons)

Source: IndexBox Market Intelligence Platform