What is the price of cashew nuts per kilogram/pound in Myanmar today?
The retail price range for Myanmar cashew nuts is between US$ 9.79 and US$ 12.24 per kilogram or between US$ 4.44 and US$ 5.55 per pound(lb). Click here to see today's exact prices of cashew nuts in Myanmar
The retail price range in Kyat for cashew nuts is between MMK 20,827.66 and MMK 26,034.57 per kilogram or between MMK 9,445.65 and MMK 11,807.06 per pound(lb) in Naypyitaw and Yangon.
Wholesale prices
In 2024, the approximate wholesale price range for Myanmar cashew nuts is between US$ 6.85 and US$ 8.57 per kilogram or between US$ 3.11 and US$ 3.88 per pound(lb).
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Myanmar Cashew Nuts Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cashew Nuts from Myanmar has seen a significant decrease over the last five years. In 2012, the price was 24.64 US dollars per kg, but by 2021, it had dropped to 3.96 US dollars per kg. In 2013, the price was 71.68 US dollars per kg, but by 2020, it had decreased to 5.32 US dollars per kg. In 2014, the price was 7.51 US dollars per kg, and by 2019, it had dropped to 7.83 US dollars per kg. In 2015, the price was 7.19 US dollars per kg, and by 2018, it had decreased to 6.44 US dollars per kg. Finally, in 2016, the price was 5.53 US dollars per kg, and by 2017, it had dropped to 3.93 US dollars per kg. Based on this trend, it is likely that the export price per kilogram of Cashew Nuts from Myanmar will continue to decrease in the coming years, with prices of around 3.50 US dollars per kg in 2023 and 3.00 US dollars per kg in 2024.Myanmar Cashew Nuts Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cashew Nuts into Myanmar has seen a significant fluctuation over the past five years. In 2016, the price was at its highest at $5.53, before dropping to its lowest in 2021 at $3.96. The price has been steadily increasing since then, with the most recent price in 2021 being $3.96. Looking ahead, it is likely that the price of Cashew Nuts will continue to increase in the coming years, with an estimated price of $4.20 in 2023 and $4.45 in 2024.Export values for Myanmar cashew nuts
The total values in export for cashew nuts in Myanmar were US$ 10,917, US$ 9,684, US$ 15,268 and US$ 13,946 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in Myanmar: Coconuts, Brazil Nuts, Almonds, Hazelnut, Walnuts, Chestnuts, Pistachios, Macadamia Nuts, Kola Nuts & Areca (Betel) Nut.
See prices of cashew nuts in other countries across Asia: Kazakhstan cashew nuts, Kyrgyzstan cashew nuts, Tajikistan cashew nuts, Turkmenistan cashew nuts, Uzbekistan cashew nuts, China cashew nuts, Hong Kong cashew nuts, Macao cashew nuts, North Korea cashew nuts & Mongolia cashew nuts.
Myanmar cashew nuts - Production, Exports, Imports, Seasons and HS Codes
In 2019 Myanmar shipped 1,782 tonnes of cashew nuts. Across 2019 alone, the interest in Myanmar cashew nuts (nuts category) has decreased, with a change of -23.355 percent compared to the year 2018. Between 2017 and 2019, cashew nuts' exports reduced by -27.59 pc bringing the nation US$13.95m for the year 2019. Myanmar's cashew nuts exports are categorised as:
- Fresh or dried cashew nuts, in shell (HS code 080131)
- Fresh or dried cashew nuts, shelled (HS code 080132)
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Myanmar cashew nuts export values
In 2019, Myanmar supplied cashew nuts worth 13.95m USD, a reduction of -8.63% from 2018's total cashew nuts export of 15.268m USD. The annual reduction in value of Myanmar cashew nuts between 2017 to 2018 was 57.662 percent.
The annual/yearly change in the volume of Myanmar's cashew nuts exports between 2017 and 2019 was -27.59 pc compared to a variation of -23.355% in the period between 2018 and 2019.
Myanmar's portion of the world's total cashew nuts' exports in 2019 was less than 1%. Myanmar is ranked position 19 in world exports of cashew nuts.
Export markets for Myanmar cashew nuts ( in '000$ )
Myanmar brought in 1,758 tonnes of cashew nuts in 2019.
Production
The production of cashew nuts in Myanmar was 4,086 tonnes in 2019 and is estimated to change by an average of 5.85%. The country had approximately 4,488.00 hectares under cashew nuts cultivation.