What is the price of malt extract per kilogram/pound in Myanmar today?
The retail price range for Myanmar malt extract is between US$ 4.89 and US$ 7.33 per kilogram or between US$ 2.22 and US$ 3.33 per pound(lb). Click here to see today's exact prices of malt extract in Myanmar
The retail price range in Kyat for malt extract is between MMK 10,400.00 and MMK 15,600.00 per kilogram or between MMK 4,716.55 and MMK 7,074.83 per pound(lb) in Naypyitaw and Yangon.
Wholesale prices
In 2024, the approximate wholesale price range for Myanmar malt extract is between US$ 3.42 and US$ 5.13 per kilogram or between US$ 1.55 and US$ 2.33 per pound(lb).
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Myanmar Malt Extract Export Prices - Historical, Trends and Prediction
The export price per kilogram of Malt Extract from Myanmar has seen a steady decline over the last five years. In 2012, the price was 2.00 US dollars per kg, but by 2021, it had dropped to 0.35 US dollars per kg. In 2016, the price remained the same as 2012, at 2.00 US dollars per kg. In 2017, the price dropped to 0.72 US dollars per kg, and then increased to 2.03 US dollars per kg in 2018. In 2019, the price dropped again to 1.11 US dollars per kg, before increasing to 1.94 US dollars per kg in 2020. Based on this trend, it is predicted that the export price per kilogram of Malt Extract from Myanmar will be 0.25 US dollars per kg in 2023 and 0.15 US dollars per kg in 2024.Myanmar Malt Extract Import Prices - Historical, Trends and Prediction
The import price per kilogram of Malt Extract into Myanmar has seen a significant fluctuation over the past five years. In 2016 and 2012, the price was recorded at $2.00. In 2017, the price dropped to $0.72, before increasing to $2.03 in 2018. In 2019, the price decreased to $1.11, before rising again to $1.94 in 2020. The most recent data shows that the price has dropped to $0.35 in 2021. Based on this data, it is predicted that the import price per kilogram of Malt Extract into Myanmar will remain relatively low in 2023, at around $0.50. In 2024, the price is expected to increase slightly to around $1.00.Export values for Myanmar malt extract
The total values in export for malt extract in Myanmar were US$ 2, US$ 1,251, US$ 77 and US$ 78 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Myanmar: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of malt extract in other countries across Asia: Kazakhstan malt extract, Kyrgyzstan malt extract, Tajikistan malt extract, Turkmenistan malt extract, Uzbekistan malt extract, China malt extract, Hong Kong malt extract, Macao malt extract, North Korea malt extract & Mongolia malt extract.
Myanmar malt extract - Production, Exports, Imports, Seasons and HS Codes
In 2019 Myanmar exported 70 tonnes of malt extract. Across 2019 alone, the interest in Myanmar malt extract (processed category) has increased, changing by 84.211 percent compared to the year 2018. Between 2017 and 2019, malt extract's exports went down by -95.95 pc bringing the country US$0.08m for the year 2019. Myanmar's malt extract exports are categorised as:
- Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s. and food preparations of milk, cream, butter milk, sour milk, sour cream, whey, yogurt, kephir or similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s. (excluding for infant use, put up for retail sale, and mixes and doughs for the preparation of bakers' wares of heading 1905) (HS code 190190)
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Myanmar malt extract export values
In 2019, Myanmar sold malt extract worth 0.08m USD, a growth of 3.90% from 2018's total malt extract export of 0.077m USD. The annual increase in value of Myanmar malt extract between 2017 to 2018 was -93.845 percent.
The yearly change in the amount of Myanmar's malt extract exports between 2017 and 2019 was -95.95 per cent in comparison to a variation of 84.211% in the period between 2018 and 2019.
Export markets for Myanmar malt extract ( in '000$ )
Myanmar ordered 70,138 tonnes of malt extract in 2019.