Price for Fish; Live, Ornamental, Freshwater in Myanmar - 2022
Contents:
- Price for Fish; Live, Ornamental, Freshwater in Myanmar (FOB) - 2022
- Price for Fish; Live, Ornamental, Freshwater in Myanmar (CIF) - 2022
- Exports of Fish; Live, Ornamental, Freshwater in Myanmar
- Imports of Fish; Live, Ornamental, Freshwater in Myanmar
Price for Fish; Live, Ornamental, Freshwater in Myanmar (FOB) - 2022
The average fish; live, ornamental, freshwater export price stood at $1,717 per ton in 2022, which is down by -19.8% against the previous year. In general, the export price saw a precipitous contraction. The growth pace was the most rapid in 2013 when the average export price increased by 11%. Over the period under review, the average export prices attained the peak figure at $21,480 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($2,653 per ton), while the average price for exports to the United Arab Emirates ($1,155 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-16.8%), while the prices for the other major destinations experienced a decline.
Price for Fish; Live, Ornamental, Freshwater in Myanmar (CIF) - 2022
The average fish; live, ornamental, freshwater import price stood at $4,511 per ton in 2022, which is down by -71.1% against the previous year. Overall, the import price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 an increase of 276% against the previous year. As a result, import price reached the peak level of $15,994 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Indonesia.
From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +17.2% per year.
Exports of Fish; Live, Ornamental, Freshwater in Myanmar
In 2022, approx. 3.3K tons of fish; live, ornamental, freshwater were exported from Myanmar; rising by 67% against the year before. Overall, exports recorded resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,170% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, fish; live, ornamental, freshwater exports skyrocketed to $5.7M in 2022. Over the period under review, exports, however, saw a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 1,027% against the previous year.
| Export of Fish; Live, Ornamental, Freshwater in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 2,881 | 167 | 1,897 | 2,751 | -1.5% |
| China | 3,090 | 155 | 1,296 | 968 | -32.1% |
| India | 3.6 | 0.2 | 229 | 721 | 485.1% |
| United Arab Emirates | 8.5 | 1.0 | 24.1 | 151 | 160.9% |
| United Kingdom | 299 | 15.3 | 113 | 92.4 | -32.4% |
| Bangladesh | 376 | 31.1 | 503 | N/A | 15.7% |
| Others | 85.1 | 6.9 | 176 | 992 | 126.7% |
| Total | 6,742 | 376 | 4,238 | 5,676 | -5.6% |
Top Export Markets for Fish; Live, Ornamental, Freshwater from Myanmar in 2022:
- Thailand (1999.9 tons)
- China (697.2 tons)
- India (271.6 tons)
- United Arab Emirates (131.0 tons)
- United Kingdom (50.5 tons)
Imports of Fish; Live, Ornamental, Freshwater in Myanmar
In 2022, overseas purchases of fish; live, ornamental, freshwater decreased by -97% to 137 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a dramatic descent. The growth pace was the most rapid in 2020 with an increase of 45% against the previous year. As a result, imports reached the peak of 5.2 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, fish; live, ornamental, freshwater imports shrank rapidly to $618 in 2022. In general, imports saw a significant curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 48%.
| Import of Fish; Live, Ornamental, Freshwater in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 23.3 | 31.3 | 3.8 | 0.6 | -70.5% |
| Thailand | 6.7 | 7.7 | 61.8 | N/A | 203.7% |
| Japan | 0.5 | 5.7 | 0.1 | N/A | -55.3% |
| Malaysia | 4.0 | 5.0 | 2.1 | N/A | -27.5% |
| Philippines | N/A | N/A | 1.2 | N/A | 0% |
| Singapore | 1.3 | 2.9 | 1.5 | N/A | 7.4% |
| Others | 0.2 | 0.3 | 0.1 | N/A | -29.3% |
| Total | 35.9 | 53.0 | 70.7 | 0.6 | -74.4% |
Top Suppliers of Fish; Live, Ornamental, Freshwater to Myanmar in 2022:
- Indonesia (137.0 kg)
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