Myanmar: Dry Peas Market 2025

Dry Peas Market Size in Myanmar

The Myanmar's dry peas market contracted to $X in 2021, with a decrease of -8.1% against the previous year. Overall, consumption showed a pronounced slump. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Dry Peas Production in Myanmar

In value terms, dry peas production reached $X in 2021 estimated in export price. In general, production, however, showed a pronounced shrinkage. The growth pace was the most rapid in 2019 with an increase of 26% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

The average yield of peas (dry) in Myanmar rose slightly to X kg per ha in 2021, increasing by 3.5% compared with the year before. Overall, the yield, however, recorded a perceptible downturn. The dry peas yield peaked at X tons per ha in 2013; however, from 2014 to 2021, 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 2021, the dry peas harvested area in Myanmar declined to X ha, which is down by -3.2% on the year before. Over the period under review, the harvested area saw a pronounced decrease. The growth pace was the most rapid in 2020 with an increase of 6.7%. The dry peas harvested area peaked at X ha in 2012; however, from 2013 to 2021, the harvested area failed to regain momentum.

Dry Peas Exports

Exports from Myanmar

Dry peas exports from Myanmar rose rapidly to X tons in 2021, with an increase of 13% on 2020 figures. Overall, exports recorded a prominent increase. The pace of growth was the most pronounced in 2020 when exports increased by 1,115%. The exports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, dry peas exports skyrocketed to $X in 2021. In general, exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,031%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

China (X tons) was the main destination for dry peas exports from Myanmar, with a 53% share of total exports. Moreover, dry peas exports to China exceeded the volume sent to the second major destination, India (X tons), fourfold. The third position in this ranking was held by Bangladesh (X tons), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to China stood at +63.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-6.3% per year) and Bangladesh (+6.3% per year).

In value terms, China ($X) emerged as the key foreign market for dry peas exports from Myanmar, comprising 57% of total exports. The second position in the ranking was taken by India ($X), with a 13% share of total exports. It was followed by Bangladesh, with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China stood at +62.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-1.9% per year) and Bangladesh (+9.2% per year).

Export Prices by Country

In 2021, the average dry peas export price amounted to $X per ton, picking up by 1.7% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2019 when the average export price increased by 27%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Dry Peas Imports

Imports into Myanmar

Dry peas imports into Myanmar dropped rapidly to X tons in 2021, which is down by -43.3% against 2020. Overall, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 1,525% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, dry peas imports reduced markedly to $X in 2021. In general, imports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2013 with an increase of 1,538%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), India (X tons) and Canada (X tons) were the main suppliers of dry peas imports to Myanmar, together comprising 86% of total imports.

From 2012 to 2021, the biggest increases were in Canada (with a CAGR of +75.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of dry peas to Myanmar, comprising 50% of total imports. The second position in the ranking was held by Canada ($X), with an 18% share of total imports. It was followed by India, with an 18% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +61.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+64.2% per year) and India (+2.9% per year).

Import Prices by Country

In 2021, the average dry peas import price amounted to $X per ton, reducing by -2% against the previous year. Over the period under review, the import price faced a abrupt descent. The growth pace was the most rapid in 2017 an increase of 17% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Russia ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+40.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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