What is the price of maize per kilogram/pound in Myanmar today?
The retail price range for Myanmar maize is between US$ 0.76 and US$ 1.43 per kilogram or between US$ 0.35 and US$ 0.65 per pound(lb). Click here to see today's exact prices of maize in Myanmar
The retail price range in Kyat for maize is between MMK 1,620.44 and MMK 3,051.48 per kilogram or between MMK 734.89 and MMK 1,383.89 per pound(lb) in Naypyitaw and Yangon.
Wholesale prices
In 2024, the approximate wholesale price range for Myanmar maize is between US$ 0.53 and US$ 1.00 per kilogram or between US$ 0.24 and US$ 0.46 per pound(lb).
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Myanmar Maize Export Prices - Historical, Trends and Prediction
The export price per kilogram of Maize from Myanmar over the last five years has been relatively stable. In 2017, the price was 0.19 US $ per kg, followed by 0.92 US $ per kg in 2018. In 2019, the price dropped to 0.25 US $ per kg and then increased to 0.32 US $ per kg in 2020. The highest price was recorded in 2021, at 1.42 US $ per kg. Based on this trend, it is predicted that the export price per kilogram of Maize from Myanmar in 2023 will be around 0.45 US $ per kg and in 2024 will be around 0.60 US $ per kg.Myanmar Maize Import Prices - Historical, Trends and Prediction
The import price per kilogram of Maize into Myanmar over the last five years has been quite volatile. In 2016, the price was 0.79 US dollars per kg, before dropping to 0.19 US dollars per kg in 2017. This was followed by a sharp increase to 0.92 US dollars per kg in 2018, before dropping again to 0.25 US dollars per kg in 2019. The price then rose to 0.32 US dollars per kg in 2020, before reaching its highest point of 1.42 US dollars per kg in 2021. Based on this data, it is likely that the import price per kilogram of Maize into Myanmar will remain relatively stable in the next two years, with an estimated price of 0.35 US dollars per kg in 2023 and 0.38 US dollars per kg in 2024.Export values for Myanmar maize
The total values in export for maize in Myanmar were US$ 223,451, US$ 304,901, US$ 237,929 and US$ 236,633 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in Myanmar: Wheat, Rye, Barley, Oats, Rice, Sorghum, Buckwheet, Millet, Canary seed & Fonio.
See prices of maize in other countries across Asia: Kazakhstan maize, Kyrgyzstan maize, Tajikistan maize, Turkmenistan maize, Uzbekistan maize, China maize, Hong Kong maize, Macao maize, North Korea maize & Mongolia maize.
Myanmar maize - Production, Exports, Imports, Seasons and HS Codes
In 2019 Myanmar exported 930,841 tonnes of maize. For the year 2019 alone, the market for Myanmar maize (cereals/grains category) has escalated, with a change of 265.11 % compared to the year 2018. Between 2017 and 2019, maize's exports reduced by -41.71 percent earning the exporter US$236.63m for the year 2019. Myanmar's maize exports are categorised as:
- Maize seed for sowing (HS code 100510)
- Maize (excluding seed for sowing) (HS code 100590)
- Hulled, pearled, sliced, kibbled or otherwise worked maize grains (excluding rolled, flaked, pellets and flour) (HS code 110423)
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Myanmar maize export values
In 2019, Myanmar sold maize costing 236.63m USD, a decrease of -0.55% from 2018's total maize export of 237.929m USD. The yearly change in value of Myanmar maize between 2017 to 2018 was -21.965 pc.
The annual/yearly change in the amount of Myanmar's maize exports between 2017 and 2019 was -41.71% when compared to a variation of 265.11% in the growth rate between 2018 and 2019.
Export markets for Myanmar maize ( in '000$ )
Myanmar imported 12,400 tonnes of maize in 2019.
Production
The production of maize in Myanmar was 5,957,295 tonnes in 2019 and is forecast to change by an average of 0.08%. The country had an estimated 1,547,142.00 hectares under maize cultivation.