Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Myanmar - 2022
Contents:
- Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Myanmar (CIF) - 2022
- Imports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Myanmar
Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Myanmar (CIF) - 2022
The average import price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants stood at $0.2 per unit in 2022, with an increase of 18% against the previous year. Over the last four-year period, it increased at an average annual rate of +7.8%. The most prominent rate of growth was recorded in 2019 when the average import price increased by 28%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for the Netherlands.
From 2018 to 2022, the rate of growth in terms of prices for Thailand amounted to +59.7% per year.
Imports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Myanmar
In 2022, imports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants into Myanmar declined notably to 577K units, reducing by -19.6% against the previous year's figure. Overall, total imports indicated a mild increase from 2019 to 2022: its volume increased at an average annual rate of +1.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +27.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 59%. As a result, imports reached the peak of 718K units, and then dropped sharply in the following year.
In value terms, imports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants declined modestly to $139K in 2022. The total import value increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 43%. As a result, imports attained the peak of $146K, and then reduced in the following year.
| Import of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 40.2 | 24.8 | 62.0 | 139 | 51.2% |
| China | 3.5 | 1.6 | 1.7 | N/A | -30.3% |
| Others | 82.3 | 75.2 | 82.1 | N/A | -0.1% |
| Total | 126 | 102 | 146 | 139 | 3.3% |
Top Suppliers of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant to Myanmar in 2022:
- Netherlands (577.3K units)
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