Myanmar: Peach And Nectarine Market 2025

Peach And Nectarine Market Size in Myanmar

The Myanmar's peach and nectarine market contracted notably to $X in 2021, with a decrease of -17.5% against the previous year. Over the period under review, consumption, however, posted a significant increase. Peach and nectarine consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Peach And Nectarine Production in Myanmar

In value terms, peach and nectarine production expanded remarkably to $X in 2021 estimated in export price. Overall, production saw a abrupt decline. The most prominent rate of growth was recorded in 2014 when the production volume increased by 10%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Peach And Nectarine Exports

Exports from Myanmar

In 2021, shipments abroad of peaches and nectarines decreased by -16.3% to X tons for the first time since 2015, thus ending a five-year rising trend. Over the period under review, exports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 when exports increased by 121%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, peach and nectarine exports reached $X in 2021. In general, exports continue to indicate a deep setback. The growth pace was the most rapid in 2014 with an increase of 30%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

India (X tons) was the main destination for peach and nectarine exports from Myanmar, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to India stood at +27.5%.

In value terms, India ($X) also remains the key foreign market for peach and nectarine exports from Myanmar.

From 2012 to 2021, the average annual growth rate of value to India totaled +14.2%.

Export Prices by Country

The average peach and nectarine export price stood at $X per ton in 2021, picking up by 25% against the previous year. Overall, the export price, however, continues to indicate a deep contraction. Over the period under review, the average export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to -10.4% per year.

Peach And Nectarine Imports

Imports into Myanmar

In 2021, overseas purchases of peaches and nectarines decreased by -23.4% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2019 with an increase of 651% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, peach and nectarine imports reduced markedly to $X in 2021. In general, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2019 when imports increased by 488%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest peach and nectarine supplier to Myanmar, accounting for a 89% share of total imports. Moreover, peach and nectarine imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), more than tenfold. The United States (X tons) ranked third in terms of total imports with a 2.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +99.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+41.9% per year) and the United States (+46.5% per year).

In value terms, China ($X) constituted the largest supplier of peach and nectarine to Myanmar, comprising 72% of total imports. The second position in the ranking was taken by the United States ($X), with a 10% share of total imports. It was followed by Thailand, with a 9.7% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +121.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+48.9% per year) and Thailand (+61.9% per year).

Import Prices by Country

The average peach and nectarine import price stood at $X per ton in 2021, waning by -6.6% against the previous year. In general, the import price recorded a slight shrinkage. The most prominent rate of growth was recorded in 2013 when the average import price increased by 48% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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