What is the price of crabs per kilogram/pound in Myanmar today?
The retail price range for Myanmar crabs is between US$ 3.43 and US$ 4.85 per kilogram or between US$ 1.56 and US$ 2.20 per pound(lb). Click here to see today's exact prices of crabs in Myanmar
The retail price range in Kyat for crabs is between MMK 7,305.46 and MMK 10,316.06 per kilogram or between MMK 3,313.13 and MMK 4,678.49 per pound(lb) in Naypyitaw and Yangon.
Wholesale prices
In 2024, the approximate wholesale price range for Myanmar crabs is between US$ 2.40 and US$ 3.39 per kilogram or between US$ 1.09 and US$ 1.54 per pound(lb).
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Myanmar Crabs Export Prices - Historical, Trends and Prediction
The export price per kilogram of Crabs from Myanmar has seen a steady increase over the last five years. In 2017, the export price was 4.05 US $ per kg, and in 2021, it was 5.99 US $ per kg. This represents an increase of 48.3% over the five-year period. The highest export price was in 2020, when it reached 6.60 US $ per kg. It is likely that the export price will continue to increase in the coming years, with an estimated price of 6.90 US $ per kg in 2023 and 7.20 US $ per kg in 2024.Myanmar Crabs Import Prices - Historical, Trends and Prediction
The import price per kilogram of Crabs into Myanmar has seen a steady increase over the past five years. In 2016, the price was 3.76 US dollars per kg, and by 2021, it had risen to 5.99 US dollars per kg. This represents an increase of 58.3% over the five-year period. The highest price was recorded in 2020, when the import price was 6.6 US dollars per kg. This was an increase of 73.7% from the lowest price of 3.1 US dollars per kg in 2014. Based on this trend, it is predicted that the import price per kilogram of Crabs into Myanmar will be 7.45 US dollars in 2023 and 8.02 US dollars in 2024.Export values for Myanmar crabs
The total values in export for crabs in Myanmar were US$ 66,129, US$ 57,205, US$ 67,262 and US$ 82,182 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in Myanmar: Sea Bass, Sea Bream, Lobster, Shrimps & Prawns, Crustaceans, Oysters, Scallops, Blue Mussel, Cuttlefish & Squid & Octopus.
See prices of crabs in other countries across Asia: Kazakhstan crabs, Kyrgyzstan crabs, Tajikistan crabs, Turkmenistan crabs, Uzbekistan crabs, China crabs, Hong Kong crabs, Macao crabs, North Korea crabs & Mongolia crabs.
Myanmar crabs - Production, Exports, Imports, Seasons and HS Codes
In 2019 Myanmar shipped 16,425 tonnes of crabs. Through 2019 alone, the demand for Myanmar crabs (seafood category) has escalated, with a change of 2.952 pc compared to the year 2018. Between 2017 and 2019, crabs' exports grew by 16.36 percent bringing the nation US$82.18m for the year 2019. Myanmar's crabs exports are categorised as:
- Crabs, even smoked, whether in shell or not, live, fresh, chilled, dried, salted or in brine, incl. crabs in shell, cooked by steaming or by boiling in water (HS code 030624)
- Crabs, whether in shell or not, live, fresh or chilled (HS code 030633)
- Frozen crabs, even smoked, whether in shell or not, incl. crabs in shell, cooked by steaming or by boiling in water (HS code 030614)
- Crabs, whether in shell or not, dried, salted, smoked or in brine, incl. crabs in shell, cooked by steaming or by boiling in water (HS code 030693)
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Myanmar crabs export values
In 2019, Myanmar shipped crabs costing 82.18m USD, an increase of 22.18% from 2018's total crabs export of 67.262m USD. The yearly increase in value of Myanmar crabs between 2017 to 2018 was 17.581 pc.
The per year change in the quantity of Myanmar's crabs exports between 2017 and 2019 was 16.36 percent compared to a variation of 2.952% in the period between 2018 and 2019.
Myanmar's stake of the world's total crabs' exports in 2019 was 2.6%. Myanmar holds number 11 in world exports of crabs.
Export markets for Myanmar crabs ( in '000$ )
Import/Export Trends
Myanmar is a net exporter of crabs. The annual growth of Myanmar crabs in value between 2015 to 2019 was -31%, per year, while annual growth in quantity was -35%, per annum.
Myanmar brought in 50 tonnes of crabs in 2019.