Myanmar: Fruit Market 2024

Fruit Market Size in Myanmar

In 2022, the Myanmar's fruit market increased by X% to $X, rising for the third year in a row after two years of decline. In general, consumption, however, showed a relatively flat trend pattern. Fruit consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Fruit Production in Myanmar

In value terms, fruit production rose modestly to $X in 2022 estimated in export price. Overall, production saw a noticeable reduction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

The average yield of fruits in Myanmar dropped modestly to X tons per ha in 2022, approximately equating the previous year. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of X%. As a result, the yield attained the peak level of X tons per ha. From 2018 to 2022, the growth of the average fruit yield remained at a somewhat 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, the fruit harvested area in Myanmar fell to X ha, flattening at the year before. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to fruit production reached the peak figure at X ha in 2021, and then shrank in the following year.

Fruit Exports

Exports from Myanmar

In 2022, overseas shipments of fruits decreased by X% to X tons, falling for the third year in a row after five years of growth. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, fruit exports dropped markedly to $X in 2022. Over the period under review, exports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for fruit exports from Myanmar, with a X% share of total exports. It was followed by Pakistan (X tons), with a X% share of total exports.

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

In value terms, China ($X) remains the key foreign market for fruits exports from Myanmar, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the average fruit export price amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price continues to indicate a mild decline. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Pakistan ($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 a decline.

Fruit Imports

Imports into Myanmar

In 2022, overseas purchases of fruits decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, imports saw a slight slump. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, fruit imports fell dramatically to $X in 2022. Over the period under review, imports showed a abrupt slump. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Thailand (X tons) constituted the largest supplier of fruit to Myanmar, with a X% share of total imports. Moreover, fruit imports from Thailand exceeded the figures recorded by the second-largest supplier, China (X tons), twofold.

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

In value terms, Thailand ($X), China ($X) and Egypt ($X) constituted the largest fruit suppliers to Myanmar, with a combined X% share of total imports.

Egypt, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average fruit import price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt descent. The growth pace was the most rapid in 2014 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Egypt ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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