Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Myanmar - 2022
Contents:
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Myanmar (FOB) - 2022
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Myanmar (CIF) - 2022
- Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Myanmar
- Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Myanmar
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Myanmar (FOB) - 2022
The average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) stood at $415 per ton in December 2022, therefore, remained relatively stable against the previous month. In general, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $600 per ton in September 2022; however, from October 2022 to December 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 Thailand.
From December 2021 to December 2022, the rate of growth in terms of prices for Thailand amounted to -0.7% per month.
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Myanmar (CIF) - 2022
The average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) stood at $775 per ton in 2022, increasing by 9.2% against the previous year. In general, the import price showed a tangible expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 30% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +47.8% per year.
Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Myanmar
In 2022, shipments abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) decreased by -87.2% to 5.2K tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 2,050%. As a result, the exports reached the peak of 41K tons, and then contracted dramatically in the following year.
In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) reduced notably to $2.1M in 2022. Overall, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 1,490% against the previous year. As a result, the exports attained the peak of $15M, and then shrank sharply in the following year.
| Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Thailand | 1.0 | 15.2 | 2.1 | 44.9% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 1.0 | 15.2 | 2.1 | 44.9% | |
Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) from Myanmar in 2022:
- Thailand (5.2K tons)
Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Myanmar
In 2022, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) into Myanmar was estimated at 120 tons, therefore, remained relatively stable against 2021 figures. In general, imports faced a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of 200%.
In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) stood at $93K in 2022. Overall, imports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 291% against the previous year.
| Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 43.6 | 21.8 | 85.2 | 93.0 | 28.7% |
| India | 140 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 183 | 21.8 | 85.2 | 93.0 | -20.2% |
Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) to Myanmar in 2022:
- China (120.0 tons)
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