Myanmar: Citrus Fruit Market 2024

Citrus Fruit Market Size in Myanmar

The Myanmar's citrus fruit market contracted notably to $X in 2022, shrinking by X% against the previous year. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Citrus Fruit Production in Myanmar

In value terms, citrus fruit production totaled $X in 2022 estimated in export price. Over the period under review, production recorded a remarkable increase. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average citrus fruit yield in Myanmar totaled less than X kg per ha, therefore, remained relatively stable against the previous year's figure. Overall, the yield saw 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 2022, the citrus fruit harvested area in Myanmar was estimated at less than X ha, approximately reflecting the previous year. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern.

Citrus Fruit Exports

Exports from Myanmar

In 2022, after two years of growth, there was significant decline in shipments abroad of citrus fruits, when their volume decreased by X% to X tons. In general, exports, however, recorded significant growth. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, citrus fruit exports dropped significantly to $X in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Thailand (X tons), China (X tons) and Singapore (X tons) were the main destinations of citrus fruit exports from Myanmar, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

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

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

Export Prices by Country

The average citrus fruit export price stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price, however, continues to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2018 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to China ($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 Singapore (X%), while the prices for the other major destinations experienced mixed trend patterns.

Citrus Fruit Imports

Imports into Myanmar

In 2022, imports of citrus fruits into Myanmar declined dramatically to X tons, shrinking by X% compared with the previous year. Overall, imports, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2013 with an increase of X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, citrus fruit imports plummeted to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest citrus fruit supplier to Myanmar, accounting for a X% share of total imports. Moreover, citrus fruit imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), threefold. Egypt (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, China ($X), Thailand ($X) and Egypt ($X) appeared to be the largest citrus fruit suppliers to Myanmar, together accounting for X% of total imports.

In terms of the main suppliers, Egypt, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average citrus fruit import price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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