Myanmar: Market for Roots and Tubers, nes 2022

Market Size for Roots and Tubers, nes in Myanmar

In 2020, the Myanmar's roots and tubers, nes market increased by X% to $X for the first time since 2014, thus ending a five-year declining trend. Over the period under review, consumption showed temperate growth. The pace of growth was the most pronounced in 2009 when the market value increased by X% y-o-y. Roots and tubers, nes consumption peaked at $X in 2014; however, from 2015 to 2020, consumption stood at a somewhat lower figure.

Production of Roots and Tubers, nes in Myanmar

In value terms, roots and tubers, nes production rose to $X in 2020 estimated in export prices. Over the period under review, the total production indicated a noticeable expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2010 when the production volume increased by X% year-to-year. Roots and tubers, nes production peaked at $X in 2016; however, from 2017 to 2020, production stood at a somewhat lower figure.

In 2020, the average roots and tubers, nes yield in Myanmar totaled X kg per ha, therefore, remained relatively stable against the previous year. In general, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the roots and tubers, nes harvested area in Myanmar was estimated at X ha, approximately reflecting 2019 figures. Overall, the harvested area saw a relatively flat trend pattern.

Exports of Roots and Tubers, nes

Exports from Myanmar

In 2020, after three years of growth, there was significant decline in overseas shipments of roots and tubers, nes, when their volume decreased by -X% to X tons. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at X tons in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

In value terms, roots and tubers, nes exports shrank to $X in 2020. Overall, exports enjoyed a resilient increase. The pace of growth was the most pronounced in 2019 with an increase of X% year-to-year. As a result, exports attained the peak of $X, and then declined in the following year.

Exports by Country

South Korea (X tons) was the main destination for roots and tubers, nes exports from Myanmar, with a X% share of total exports. Moreover, roots and tubers, nes exports to South Korea exceeded the volume sent to the second major destination, Canada (X tons), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume to South Korea amounted to +X%.

In value terms, South Korea ($X) remains the key foreign market for roots and tubers, nes exports from Myanmar, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to South Korea stood at +X%.

Export Prices by Country

In 2020, the average roots and tubers, nes export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price saw a resilient expansion. The growth pace was the most rapid in 2010 an increase of X% y-o-y. Over the period under review, average export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was South Korea ($X per ton), while the average price for exports to Canada totaled $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to South Korea.

Imports of Roots and Tubers, nes

Imports into Myanmar

In 2020, approx. X tons of roots and tubers, nes were imported into Myanmar; flattening at the year before. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% y-o-y. As a result, imports attained the peak of X tons, and then shrank slightly in the following year.

In value terms, roots and tubers, nes imports stood at $X in 2020. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Imports peaked in 2020 and are likely to continue growth in the near future.

Imports by Country

In 2020, Bangladesh (X tons) constituted the largest roots and tubers, nes supplier to Myanmar, with a X% share of total imports. Moreover, roots and tubers, nes imports from Bangladesh exceeded the figures recorded by the second-largest supplier, Indonesia (X kg), sevenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from Bangladesh was relatively modest.

In value terms, Bangladesh ($X) constituted the largest supplier of roots and tubers, nes to Myanmar, comprising X% of total imports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Bangladesh was relatively modest.

Import Prices by Country

The average roots and tubers, nes import price stood at $X per ton in 2020, picking up by X% against the previous year. In general, the import price saw a remarkable increase. The growth pace was the most rapid in 2012 an increase of X% year-to-year. Over the period under review, average import prices attained the maximum in 2020 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was Indonesia ($X per ton), while the price for Bangladesh amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Indonesia.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :