Price for Buckwheat, Millet and Canary Seed; Other Cereals in Myanmar - 2022

Contents:

  1. Price for Buckwheat, Millet and Canary Seed; Other Cereals in Myanmar (FOB) - 2022
  2. Price for Buckwheat, Millet and Canary Seed; Other Cereals in Myanmar (CIF) - 2022
  3. Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Myanmar
  4. Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Myanmar

Price for Buckwheat, Millet and Canary Seed; Other Cereals in Myanmar (FOB) - 2022

The average export price for buckwheat, millet and canary seed; other cerealses stood at $336 per ton in 2022, with a decrease of -16.7% against the previous year. Overall, the export price recorded a perceptible contraction. The growth pace was the most rapid in 2015 when the average export price increased by 56%. Over the period under review, the average export prices attained the peak figure at $1,018 per ton in 2016; however, from 2017 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 China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -2.8% per year.

Price for Buckwheat, Millet and Canary Seed; Other Cereals in Myanmar (CIF) - 2022

In 2022, the average import price for buckwheat, millet and canary seed; other cerealses amounted to $83 per ton, which is down by -96.1% against the previous year. Over the period under review, the import price saw a abrupt shrinkage. The growth pace was the most rapid in 2014 when the average import price increased by 138%. The import price peaked at $2,110 per ton in 2021, and then contracted remarkably 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 Peru amounted to +60.3% per year.

Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Myanmar

Exports of buckwheat, millet and canary seed; other cerealses from Myanmar surged to 540 tons in 2022, growing by 329% against 2021 figures. In general, exports, however, continue to indicate a dramatic decrease.

In value terms, exports of buckwheat, millet and canary seed; other cerealses skyrocketed to $181K in 2022. Over the period under review, exports, however, faced a dramatic decrease.

Export of Buckwheat, Millet and Canary Seed; Other Cereals in Myanmar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.44.0N/A0.2-61.1%
Japan0.10.1N/AN/A0.0%
Others0.10.2N/AN/A100.0%
Total3.64.30.10.2-61.8%

Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Myanmar in 2022:

  1. China (540.0 tons)

Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Myanmar

Imports of buckwheat, millet and canary seed; other cerealses into Myanmar dropped sharply to 24 kg in 2022, which is down by 99.9% on 2021 figures. In general, imports continue to indicate a sharp shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 17% against the previous year.

In value terms, imports of buckwheat, millet and canary seed; other cerealses reduced dramatically to $2 in 2022. Over the period under review, imports showed a precipitous decline. The most prominent rate of growth was recorded in 2021 when imports increased by 20%.

Import of Buckwheat, Millet and Canary Seed; Other Cereals in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru223N/AN/AN/A0%
China167142239N/A19.6%
United States548262358N/A-19.2%
IndiaN/AN/A0.2N/A0%
Canada12077.699.4N/A-9.0%
Others5.41067.6N/A18.6%
Total1,064587704N/A-18.7%

Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Myanmar in 2022:

  1. India (24.0 kg)

Source: IndexBox Market Intelligence Platform

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