What is the price of beans per kilogram/pound in Myanmar today?
The retail price range for Myanmar beans is between US$ 0.83 and US$ 2.12 per kilogram or between US$ 0.38 and US$ 0.96 per pound(lb). Click here to see today's exact prices of beans in Myanmar
The retail price range in Kyat for beans is between MMK 1,760.40 and MMK 4,514.92 per kilogram or between MMK 798.37 and MMK 2,047.58 per pound(lb) in Naypyitaw and Yangon.
Wholesale prices
In 2024, the approximate wholesale price range for Myanmar beans is between US$ 0.58 and US$ 1.49 per kilogram or between US$ 0.26 and US$ 0.67 per pound(lb).
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Myanmar Beans Export Prices - Historical, Trends and Prediction
The export price per kilogram of Beans from Myanmar over the last five years has seen a steady increase. In 2016, the price was 2.60 US dollars per kg, and in 2021 it was 0.86 US dollars per kg. This represents a decrease of 66.9% over the five year period. The highest price was in 2015, when it was 2.47 US dollars per kg. It is likely that the price of Beans from Myanmar will remain around 0.86 US dollars per kg in the next two years, with a slight increase to 0.89 US dollars per kg in 2023 and 0.90 US dollars per kg in 2024.Myanmar Beans Import Prices - Historical, Trends and Prediction
The import price per kilogram of Beans into Myanmar over the last five years has been relatively stable. In 2016, the price was 2.60 US dollars per kg, followed by a sharp decrease to 0.71 US dollars per kg in 2017. The price then remained relatively steady at 0.54 US dollars per kg in 2018, 0.75 US dollars per kg in 2019, and 0.89 US dollars per kg in 2020. The most recent data shows that the price has decreased slightly to 0.86 US dollars per kg in 2021. Based on this trend, it is likely that the price of Beans into Myanmar will remain relatively stable in the next two years, with an estimated price of 0.83 US dollars per kg in 2023 and 0.80 US dollars per kg in 2024.Export values for Myanmar beans
The total values in export for beans in Myanmar were US$ 1,119,340, US$ 753,174, US$ 554,846 and US$ 763,408 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Pulses/Legumes category in Myanmar: Peas, Chickpeas, Red (Adzuki) Beans, Kidney Beans, Bambara beans, Cow Peas (Black Eyed Peas), Lentils, Pigeon Peas, Locust Beans & Black beans.
See prices of beans in other countries across Asia: Kazakhstan beans, Kyrgyzstan beans, Tajikistan beans, Turkmenistan beans, Uzbekistan beans, China beans, Hong Kong beans, Macao beans, North Korea beans & Mongolia beans.
Myanmar beans - Production, Exports, Imports, Seasons and HS Codes
In 2019 Myanmar exported 1,024,044 tonnes of beans. Through 2019 alone, the interest in Myanmar beans (pulses/legumes category) has escalated, changing by 0.47882382 pc compared to the year 2018. Between 2017 and 2019, beans' exports went down by -3.97 percent netting the exporter US$763.41m for the year 2019. Myanmar's beans exports are categorised as:
- Shelled or unshelled beans "Vigna spp., Phaseolus spp.", uncooked or cooked by steaming or by boiling in water, frozen (HS code 071022)
- Fresh or chilled beans "Vigna spp., Phaseolus spp.", shelled or unshelled (HS code 070820)
- Unshelled beans "Vigna spp., Phaseolus spp.", prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200559)
- Dried, shelled beans "Vigna and Phaseolus", whether or not skinned or split (excluding beans of species "Vigna mungo [L.] Hepper or Vigna radiata [L.] Wilczek", small red "Adzuki" beans, kidney beans, Bambara beans and cow peas) (HS code 071339)
- Dried, shelled broad beans "Vicia faba var. major" and horse beans "Vicia faba var. equina and Vicia faba var. minor", whether or not skinned or split (HS code 071350)
- Shelled beans "Vigna spp., Phaseolus spp.", prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200551)
- Dried, shelled beans of species "Vigna mungo [L.] Hepper or Vigna radiata [L.] Wilczek", whether or not skinned or split (HS code 071331)
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Myanmar beans export values
In 2019, Myanmar shipped beans with a value of 763.41m USD, an increment of 37.59% from 2018's total beans export of 554.846m USD. The yearly increase in value of Myanmar beans between 2017 to 2018 was -26.332 per cent.
The per year variation in the amount of Myanmar's beans exports between 2017 and 2019 was -3.97 per cent when compared to a variation of 0.47882382% in the growth rate between 2018 and 2019.
Export markets for Myanmar beans ( in '000$ )
Myanmar bought 1,071 tonnes of beans in 2019.
Production
The production of beans in Myanmar was 40,926,354 tonnes in 2019 and is estimated to change by an average of 4.55%. The country had an estimated 22,407,945.00 hectares under beans cultivation.