Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Myanmar - 2023
Contents:
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Myanmar (CIF) - 2022
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Myanmar (FOB) - 2022
- Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Myanmar
- Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Myanmar
Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Myanmar (CIF) - 2022
The average import price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $1,135 per ton in 2022, rising by 21% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($5,871 per ton), while the price for Thailand ($449 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Myanmar (FOB) - 2022
In 2022, the average export price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid amounted to $1,139 per ton, approximately equating the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 2.7% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($1,335 per ton), while the average price for exports to the United States totaled $1,135 per ton.
From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+6.4%).
Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Myanmar
For the third year in a row, Myanmar recorded decline in supplies from abroad of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid, which decreased by -15.4% to 161 tons in 2022. Over the period under review, imports recorded a dramatic contraction.
In value terms, imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid reached $183K in 2022. Overall, imports recorded a dramatic setback.
| Import of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 80.5 | 143 | 71.8 | 131 | 17.6% |
| Italy | 44.7 | 49.8 | 7.4 | 24.3 | -18.4% |
| Malaysia | 53.8 | 36.7 | 15.5 | 15.7 | -33.7% |
| Thailand | 11.3 | 34.8 | 1.3 | 11.0 | -0.9% |
| Vietnam | 180 | 114 | 63.4 | N/A | -40.7% |
| United States | 35.3 | 23.7 | 4.1 | N/A | -65.9% |
| Singapore | 37.6 | 20.1 | 1.9 | N/A | -77.5% |
| Others | 74.9 | 52.3 | 13.5 | N/A | -57.5% |
| Total | 518 | 474 | 179 | 183 | -29.3% |
Top Suppliers of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid to Myanmar in 2022:
- China (115.9 tons)
- Thailand (24.4 tons)
- Italy (17.8 tons)
- Malaysia (2.7 tons)
Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Myanmar
In 2022, overseas shipments of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid decreased by 0% to 129 tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 2,395% against the previous year. As a result, the exports attained the peak of 259 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid totaled $147K in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 2,463% against the previous year. As a result, the exports attained the peak of $295K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 144 | 0% |
| South Korea | 11.5 | 295 | N/A | 3.1 | -35.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 11.5 | 295 | N/A | 147 | 133.8% |
Top Export Markets for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid from Myanmar in 2022:
- United States (127.1 tons)
- South Korea (2.4 tons)
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