Myanmar: Plum And Sloe Market 2024

Plum And Sloe Market Size in Myanmar

The Myanmar's plum and sloe market was finally on the rise to reach $X in 2022, after three years of decline. Overall, consumption, however, saw a noticeable setback. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Plum And Sloe Production in Myanmar

In value terms, plum and sloe production fell to $X in 2022 estimated in export price. In general, production, however, posted a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average yield of plums and sloes in Myanmar stood at less than X kg per ha, remaining constant against the year before. Over the period under review, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of plums and sloes production in Myanmar was estimated at less than X ha, leveling off at the previous year. Overall, the harvested area continues to indicate a relatively flat trend pattern.

Plum And Sloe Exports

Exports from Myanmar

In 2022, shipments abroad of plums and sloes decreased by X% to X tons, falling for the second year in a row after three years of growth. Over the period under review, exports saw a drastic downturn. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, plum and sloe exports shrank rapidly to $X in 2022. Overall, exports faced a sharp curtailment. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Bangladesh (X tons) was the main destination for plum and sloe exports from Myanmar, accounting for a X% share of total exports. It was followed by India (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Bangladesh amounted to X%.

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

From 2012 to 2022, the average annual growth rate of value to Bangladesh totaled X%.

Export Prices by Country

In 2022, the average plum and sloe export price amounted to $X per ton, stabilizing at the previous year. Over the period under review, the export price, however, continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Bangladesh amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (X%), while the prices for the other major destinations experienced a decline.

Plum And Sloe Imports

Imports into Myanmar

In 2022, approx. X tons of plums and sloes were imported into Myanmar; increasing by X% on 2021. In general, imports, however, faced a precipitous descent. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, plum and sloe imports expanded sharply to $X in 2022. Overall, imports, however, faced a dramatic slump. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) was the main supplier of plum and sloe to Myanmar, with a X% share of total imports. It was followed by Australia (X kg), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and Thailand (X% per year).

In value terms, China ($X) constituted the largest supplier of plums and sloes to Myanmar, comprising X% of total imports. The second position in the ranking was held by Australia ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and Thailand (X% per year).

Import Prices by Country

In 2022, the average plum and sloe import price amounted to $X per ton, remaining constant against the previous year. Over the period under review, the import price, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The import price peaked at $X per ton in 2021, and then fell modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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