Myanmar: Onion And Shallot Market 2024

Onion And Shallot Market Size in Myanmar

The Myanmar's onion and shallot market shrank slightly to $X in 2022, with a decrease of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Onion And Shallot Production in Myanmar

In value terms, onion and shallot production contracted to $X in 2022 estimated in export price. In general, production saw a prominent expansion. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Onion and shallot production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

The average yield of onion and shallot in Myanmar amounted to X tons per ha in 2022, approximately reflecting the previous year. Over the period under review, the yield, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2016 to 2022, the growth of the average onion and shallot yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of onion and shallot were harvested in Myanmar; approximately mirroring the year before. Overall, the harvested area showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the harvested area increased by X%. The onion and shallot harvested area peaked at X ha in 2014; however, from 2015 to 2022, the harvested area stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Onion And Shallot Exports

Exports from Myanmar

In 2022, exports of onion and shallot from Myanmar stood at X tons, increasing by X% compared with 2021. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, onion and shallot exports expanded significantly to $X in 2022. In general, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Thailand (X tons) was the main destination for onion and shallot exports from Myanmar, with a X% share of total exports. Moreover, onion and shallot exports to Thailand exceeded the volume sent to the second major destination, Bangladesh (X tons), more than tenfold. The third position in this ranking was held by Singapore (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Thailand amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (X% per year) and Singapore (X% per year).

In value terms, Thailand ($X) emerged as the key foreign market for onion and shallot exports from Myanmar, comprising X% of total exports. The second position in the ranking was taken by China ($X), with a X% share of total exports. It was followed by Bangladesh, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Thailand amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Bangladesh (X% per year).

Export Prices by Country

In 2022, the average onion and shallot export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Singapore ($X 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 China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Onion And Shallot Imports

Imports into Myanmar

Onion and shallot imports into Myanmar dropped sharply to X kg in 2019, with a decrease of X% against the year before. In general, imports saw a sharp descent. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2019, the growth of imports remained at a lower figure.

In value terms, onion and shallot imports declined sharply to $X in 2019. Overall, imports saw a precipitous decline. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2019, the growth of imports remained at a lower figure.

Imports by Country

In 2019, the United States (X kg) was the main onion and shallot supplier to Myanmar, with a approx. X% share of total imports.

From 2012 to 2019, the average annual rate of growth in terms of volume from the United States was relatively modest.

In value terms, the United States ($X) constituted the largest supplier of onion and shallot to Myanmar.

From 2012 to 2019, the average annual rate of growth in terms of value from the United States was relatively modest.

Import Prices by Country

The average onion and shallot import price stood at $X per ton in 2019, picking up by X% against the previous year. In general, the import price, however, recorded a slight reduction. The growth pace was the most rapid in 2014 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2019, 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 the United States.

From 2012 to 2019, the rate of growth in terms of prices for India amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :