Myanmar: Potato Market Overview 2020

Potato Market Size in Myanmar

The revenue of the potato market in Myanmar amounted to $X in 2018, going up by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2012 when the market value increased by X% against the previous year. In that year, the potato market reached its peak level of $X. From 2013 to 2018, the growth of the potato market remained at a somewhat lower figure.

Potato Production in Myanmar

In value terms, potato production amounted to $X in 2018 estimated in export prices. In general, the total output indicated a prominent expansion from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, potato production decreased by -X% against 2016 indices. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. In that year, potato production reached its peak level of $X. From 2013 to 2018, potato production growth failed to regain its momentum.

In 2018, the average yield of potatoes in Myanmar amounted to X tonne per ha, remaining stable against the previous year. Overall, the potato yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, the average potato yield reached its peak figure level in 2018 and is likely to see steady growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Potato harvested area in Myanmar amounted to X ha in 2018, stabilizing at the previous year. Over the period under review, the potato harvested area continues to indicate a slight decrease. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Potato harvested area peaked at X ha in 2010; however, from 2011 to 2018, harvested area remained at a lower figure.

Potato Exports

Exports from Myanmar

In 2018, approx. X tonnes of potatoes were exported from Myanmar; going up by X% against the previous year. Over the period under review, potato exports continue to indicate an outstanding increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, potato exports attained their peak figure at X tonnes in 2016; however, from 2017 to 2018, exports remained at a lower figure.

In value terms, potato exports stood at $X in 2018. Over the period under review, potato exports continue to indicate an outstanding increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. Exports peaked at $X in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Thailand (X tonnes), Indonesia (X tonnes) and China (X tonnes) were the main destinations of potato exports from Myanmar, together comprising X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Thailand (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for potato exported from Myanmar were Thailand ($X), Indonesia ($X) and China ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Thailand (+X% per year) recorded the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average potato export price stood at $X per tonne in 2018, jumping by X% against the previous year. Overall, the potato export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2012 when the average export price increased by X% against the previous year. In that year, the average export prices for potatoes attained their peak level of $X per tonne. From 2013 to 2018, the growth in terms of the average export prices for potatoes remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2018, the country with the highest price was China ($X per tonne), while the average price for exports to Thailand ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Thailand, while the prices for the other major destinations experienced more modest paces of growth.

Potato Imports

Imports into Myanmar

In 2018, approx. X tonnes of potatoes were imported into Myanmar; shrinking by -X% against the previous year. Over the period under review, potato imports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, potato imports reached their maximum at X tonnes in 2015; however, from 2016 to 2018, imports remained at a lower figure.

In value terms, potato imports totaled $X in 2018. Over the period under review, potato imports, however, continue to indicate an outstanding increase. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Over the period under review, potato imports attained their maximum at $X in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Imports by Country

Thailand (X tonnes), the U.S. (X tonnes) and the Netherlands (X tonnes) were the main suppliers of potato imports to Myanmar, together accounting for X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Thailand (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest potato suppliers to Myanmar were Thailand ($X), the Netherlands ($X) and the U.S. ($X), together accounting for X% of total imports.

In terms of the main suppliers, Thailand (+X% per year) recorded the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average potato import price stood at $X per tonne in 2018, going up by X% against the previous year. In general, the potato import price continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2011 an increase of X% year-to-year. The import price peaked at $X per tonne in 2014; however, from 2015 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was the Netherlands ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform