Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Myanmar - 2022
Contents:
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Myanmar (FOB) - 2022
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Myanmar (CIF) - 2022
- Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Myanmar
- Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Myanmar
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Myanmar (FOB) - 2022
The average export price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $6,668 per ton in December 2022, with a decrease of -16.3% against the previous month. Over the period under review, the export price, however, recorded notable growth. The most prominent rate of growth was recorded in July 2022 when the average export price increased by 105% m-o-m. As a result, the export price reached the peak level of $13,822 per ton. From August 2022 to December 2022, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($10,841 per ton), while the average price for exports to Japan ($800 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Myanmar (CIF) - 2022
In 2022, the average import price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $4,522 per ton, declining by -42.1% against the previous year. Over the period under review, the import price continues to indicate a abrupt descent. The growth pace was the most rapid in 2018 when the average import price increased by 76%. Over the period under review, average import prices reached the peak figure at $17,280 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2013 to 2022, the rate of growth in terms of prices for Thailand amounted to +40.8% per year.
Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Myanmar
In 2022, overseas shipments of nuts, edible; cashew nuts, shelled, fresh or drieds decreased by -1.8% to 2.6K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +16.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 48% against the previous year.
In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds expanded notably to $17M in 2022. The total export value increased at an average annual rate of +10.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 38% against the previous year. As a result, the exports reached the peak of $18M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.4 | 13.2 | 11.2 | 14.1 | 30.1% |
| Singapore | 2.8 | 2.2 | 1.8 | 1.3 | -22.6% |
| Thailand | 1.7 | 1.3 | 1.6 | 0.9 | -19.1% |
| Malaysia | 0.9 | 0.7 | 0.4 | 0.6 | -12.6% |
| Japan | N/A | N/A | N/A | N/A | 0% |
| Others | 1.1 | 0.4 | 0.3 | 0.3 | -35.2% |
| Total | 12.8 | 17.7 | 15.3 | 17.3 | 10.6% |
Top Export Markets for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried from Myanmar in 2022:
- China (1772.4 tons)
- Singapore (314.5 tons)
- Thailand (203.3 tons)
- Malaysia (149.7 tons)
- Japan (48.0 tons)
Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Myanmar
In 2022, imports of nuts, edible; cashew nuts, shelled, fresh or drieds into Myanmar fell markedly to 46 kg, which is down by -97.6% against 2021 figures. Over the period under review, imports recorded a precipitous slump. The pace of growth appeared the most rapid in 2021 when imports increased by 5,468% against the previous year.
In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds dropped notably to $208 in 2022. In general, imports recorded a significant decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 5,202% against the previous year.
| Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 0.2 | 0% |
| Thailand | 153 | N/A | 14.6 | N/A | -69.1% |
| Others | 1.0 | 0.3 | 0.2 | N/A | -55.3% |
| Total | 154 | 0.3 | 14.8 | 0.2 | -89.1% |
Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to Myanmar in 2022:
- United States (46.0 kg)
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