What is the price of peanut (groundnut) oil per kilogram/pound in Myanmar today?
The retail price range for Myanmar peanut (groundnut) oil is between US$ 2.06 and US$ 3.51 per kilogram or between US$ 0.94 and US$ 1.59 per pound(lb). Click here to see today's exact prices of peanut (groundnut) oil in Myanmar
The retail price range in Kyat for peanut (groundnut) oil is between MMK 4,392.92 and MMK 7,472.07 per kilogram or between MMK 1,992.25 and MMK 3,388.69 per pound(lb) in Naypyitaw and Yangon.
Wholesale prices
In 2024, the approximate wholesale price range for Myanmar peanut (groundnut) oil is between US$ 1.45 and US$ 2.46 per kilogram or between US$ 0.66 and US$ 1.11 per pound(lb).
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Myanmar Peanut (groundnut) Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Peanut (Groundnut) Oil from Myanmar has seen a steady increase over the last five years. In 2017, the price was 2.00 US$ per kg, and this remained the same in 2018. However, in 2019, the price rose to 5.00 US$ per kg. Based on this trend, it is likely that the export price per kilogram of Peanut (Groundnut) Oil from Myanmar will continue to increase in the coming years. We can predict that the price in 2023 will be around 8.00 US$ per kg, and in 2024 it will be around 11.00 US$ per kg.Myanmar Peanut (groundnut) Oil Import Prices - Historical, Trends and Prediction
The import price of Peanut (Groundnut) Oil into Myanmar has seen a steady increase over the past five years. In 2017, the price per kilogram was 2.00 US dollars, which remained the same in 2018. However, in 2019, the price rose to 5.00 US dollars. This indicates a steady increase in the price of Peanut (Groundnut) Oil in Myanmar over the past five years. Based on this trend, it is likely that the price of Peanut (Groundnut) Oil in Myanmar will continue to increase in the coming years. We can predict that the price of Peanut (Groundnut) Oil in Myanmar in 2023 will be around 7.00 US dollars per kilogram, and in 2024 it will be around 9.00 US dollars per kilogram.Export values for Myanmar peanut (groundnut) oil
The total values in export for peanut (groundnut) oil in Myanmar were US$ 8, US$ 14 and US$ 5 in US dollar thousand for the years 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 peanut (groundnut) oil in other countries across Asia: Kazakhstan peanut (groundnut) oil, Kyrgyzstan peanut (groundnut) oil, Tajikistan peanut (groundnut) oil, Turkmenistan peanut (groundnut) oil, Uzbekistan peanut (groundnut) oil, China peanut (groundnut) oil, Hong Kong peanut (groundnut) oil, Macao peanut (groundnut) oil, North Korea peanut (groundnut) oil & Mongolia peanut (groundnut) oil.
Myanmar peanut (groundnut) oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Myanmar shipped 1 tonnes of peanut (groundnut) oil. Across 2019 alone, the demand for Myanmar peanut (groundnut) oil (processed category) has decreased, flactuating by -85.714 % compared to the year 2018. Between 2017 and 2019, peanut (groundnut) oil's exports reduced by -75 pc netting the nation US$0.00m for the year 2019. Myanmar's peanut (groundnut) oil exports are categorised as:
- Crude groundnut oil (HS code 150810)
- Groundnut oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 150890)
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Myanmar peanut (groundnut) oil export values
In 2019, Myanmar sold peanut (groundnut) oil worth 0.00m USD, a reduction of -100.00% from 2018's total peanut (groundnut) oil export of 0.014m USD. The yearly reduction in value of Myanmar peanut (groundnut) oil between 2017 to 2018 was 75 percent.
The yearly variation in the volume of Myanmar's peanut (groundnut) oil exports between 2017 and 2019 was -75% compared to a variation of -85.714% in the period between 2018 and 2019.
Export markets for Myanmar peanut (groundnut) oil ( in '000$ )
Myanmar procured 0 tonnes of peanut (groundnut) oil in 2019.