Myanmar: Cow Peas Market 2025

Cow Peas Market Size in Myanmar

The Myanmar's cow peas market fell to $X in 2022, declining by -12% against the previous year. Overall, consumption recorded a abrupt slump. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Cow Peas Production in Myanmar

In value terms, cow peas production dropped to $X in 2022 estimated in export price. Overall, production showed a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of 19% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

The average yield of cow peas (dry) in Myanmar contracted slightly to X kg per ha in 2022, almost unchanged from 2021 figures. Overall, the yield showed a pronounced decrease. The pace of growth was the most pronounced in 2021 when the yield increased by 2.7% against the previous year. The cow peas yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield failed to regain momentum. 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 cow peas (dry) production in Myanmar amounted to X ha, stabilizing at 2021 figures. In general, the harvested area, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 1.4%. The cow peas harvested area peaked at X ha in 2015; however, from 2016 to 2022, the harvested area failed to regain momentum.

Cow Peas Exports

Exports from Myanmar

For the third year in a row, Myanmar recorded growth in overseas shipments of cow peas (dry), which increased by 108% to X tons in 2022. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2016 when exports increased by 5,761%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, cow peas exports soared to $X in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 4,001%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

China (X tons) was the main destination for cow peas exports from Myanmar, with a 67% share of total exports. Moreover, cow peas exports to China exceeded the volume sent to the second major destination, Japan (X tons), fourfold. Singapore (X tons) ranked third in terms of total exports with a 4.8% share.

From 2013 to 2022, the average annual growth rate of volume to China amounted to +226.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+140.0% per year) and Singapore (+145.4% per year).

In value terms, China ($X) emerged as the key foreign market for cow peas (dry) exports from Myanmar, comprising 64% of total exports. The second position in the ranking was taken by Japan ($X), with a 19% share of total exports. It was followed by Singapore, with a 5.7% share.

From 2013 to 2022, the average annual growth rate of value to China totaled +209.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+128.2% per year) and Singapore (+131.1% per year).

Export Prices by Country

In 2022, the average cow peas export price amounted to $X per ton, rising by 1.8% against the previous year. Over the period under review, the export price, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 an increase of 46% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2015; however, from 2016 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 Singapore ($X per ton), while the average price for exports to Thailand ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (-2.8%), while the prices for the other major destinations experienced a decline.

Cow Peas Imports

Imports into Myanmar

In 2022, imports of cow peas (dry) into Myanmar shrank dramatically to X kg, dropping by -46.4% against the year before. Over the period under review, imports saw a abrupt decline. The pace of growth was the most pronounced in 2013 with an increase of 92,376% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, cow peas imports declined remarkably to $X in 2022. Overall, imports recorded a deep setback. The most prominent rate of growth was recorded in 2013 when imports increased by 93,807%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Thailand (X kg) constituted the largest cow peas supplier to Myanmar, with a 87% share of total imports. Moreover, cow peas imports from Thailand exceeded the figures recorded by the second-largest supplier, China (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Thailand stood at +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-25.9% per year) and Singapore (0.0% per year).

In value terms, Thailand ($X) constituted the largest supplier of cow peas (dry) to Myanmar, comprising 75% of total imports. The second position in the ranking was taken by China ($X), with a 13% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Thailand amounted to -4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-28.6% per year) and Singapore (0.0% per year).

Import Prices by Country

The average cow peas import price stood at $X per ton in 2022, almost unchanged from the previous year. Over the period under review, the import price recorded a abrupt decline. The pace of growth was the most pronounced in 2013 when the average import price increased by 1.5% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.6%).

Source: IndexBox Platform

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