Price for Plants, Live; Unrooted Cuttings and Slips in Myanmar - 2022

Contents:

1. Price for Plants, Live; Unrooted Cuttings and Slips in Myanmar (CIF) - 2022
2. Price for Plants, Live; Unrooted Cuttings and Slips in Myanmar (FOB) - 2022
3. Imports of Plants, Live; Unrooted Cuttings and Slips in Myanmar
4. Exports of Plants, Live; Unrooted Cuttings and Slips in Myanmar

Price for Plants, Live; Unrooted Cuttings and Slips in Myanmar (CIF) - 2022

In 2022, the average import price for plants, live; unrooted cuttings and slipses amounted to $1.3 per unit, declining by -24.8% against the previous year. In general, the import price, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by 39% against the previous year. The import price peaked at $1.8 per unit in 2021, and then shrank rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($2.7 per unit), while the price for China ($0.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Plants, Live; Unrooted Cuttings and Slips in Myanmar (FOB) - 2022

In 2021, the average export price for plants, live; unrooted cuttings and slipses amounted to $0.1 per unit, growing by 3.4% against the previous year. Overall, the export price, however, saw a deep contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 101%. The export price peaked at $0.6 per unit in 2012; however, from 2013 to 2021, 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 Japan.

From 2012 to 2021, the rate of growth in terms of prices for Japan amounted to +3.6% per year.

Imports of Plants, Live; Unrooted Cuttings and Slips in Myanmar

After two years of decline, purchases abroad of plants, live; unrooted cuttings and slipses increased by 22% to 15K units in 2022. Overall, imports, however, saw a precipitous slump. Over the period under review, imports of attained the maximum at 394K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of plants, live; unrooted cuttings and slipses contracted to $20K in 2022. In general, imports, however, recorded a precipitous decline. Over the period under review, imports of attained the maximum at $629K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Plants, Live; Unrooted Cuttings and Slips to Myanmar in 2022:

1. New Zealand (11.0K units)
2. China (3.8K units)
3. Thailand (0.2K units)

Exports of Plants, Live; Unrooted Cuttings and Slips in Myanmar

In 2021, approx. 1.2K units of plants, live; unrooted cuttings and slipses were exported from Myanmar; declining by -2.1% compared with the year before. Overall, exports continue to indicate a noticeable shrinkage. The exports peaked at 1.2K units in 2019; afterwards, it flattened through to 2021.

In value terms, exports of plants, live; unrooted cuttings and slipses totaled $168 in 2021. The total export value increased at an average annual rate of +1.5% from 2019 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 1.8% against the previous year. Over the period under review, the exports of reached the maximum in 2021 and are likely to continue growth in the near future.

Top Export Markets for Plants, Live; Unrooted Cuttings and Slips from Myanmar in 2022:

1. Japan (1.2K units)

Source: IndexBox Market Intelligence Platform