Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Myanmar - 2022

Contents:

  1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Myanmar (CIF) - 2022
  2. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Myanmar

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Myanmar (CIF) - 2022

In 2022, the average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses amounted to $3,197 per ton, reducing by -19.1% against the previous year. Over the period under review, the import price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 50%. As a result, import price attained the peak level of $3,953 per ton, and then reduced markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($3,397 per ton), while the price for Australia amounted to $2,218 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+8.1%).

Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Myanmar

For the third consecutive year, Myanmar recorded decline in supplies from abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses, which decreased by -79.9% to 4.2 tons in 2022. Overall, imports faced a sharp reduction. The smallest decline of -0.7% was in 2020.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses contracted remarkably to $14K in 2022. In general, imports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2020 when imports increased by 13% against the previous year. As a result, imports attained the peak of $86K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand60.078.981.511.9-41.7%
Australia13.57.21.71.6-50.9%
Others2.5N/AN/AN/A0%
Total76.086.183.213.5-43.8%

Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats to Myanmar in 2022:

  1. Thailand (3.5 tons)
  2. Australia (0.7 tons)

Source: IndexBox Market Intelligence Platform

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