What is the price of seaweed per kilogram/pound in Myanmar today?
The retail price range for Myanmar seaweed is between US$ 15.78 and US$ 27.62 per kilogram or between US$ 7.16 and US$ 12.53 per pound(lb). Click here to see today's exact prices of seaweed in Myanmar
The retail price range in Kyat for seaweed is between MMK 33,579.57 and MMK 58,764.26 per kilogram or between MMK 15,228.83 and MMK 26,650.46 per pound(lb) in Naypyitaw and Yangon.
Wholesale prices
In 2024, the approximate wholesale price range for Myanmar seaweed is between US$ 11.05 and US$ 19.33 per kilogram or between US$ 5.01 and US$ 8.77 per pound(lb).
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Myanmar Seaweed Export Prices - Historical, Trends and Prediction
The export price of Seaweed from Myanmar has seen a significant decrease over the last five years. In 2012, the price per kilogram was 1.80 US dollars, but by 2021, it had dropped to 0.56 US dollars. This represents a decrease of 68.9%. The highest price in the last five years was in 2018, when it was 1.97 US dollars per kilogram. The lowest price was in 2017, when it was only 0.05 US dollars per kilogram. Based on this data, it is likely that the export price of Seaweed from Myanmar will remain low in the coming years. We can predict that the price in 2023 will be around 0.50 US dollars per kilogram, and in 2024 it will be around 0.45 US dollars per kilogram.Myanmar Seaweed Import Prices - Historical, Trends and Prediction
The import price of Seaweed into Myanmar has seen a significant decrease over the last five years. In 2012, the price per kilogram was 1.80 US dollars, but by 2021, it had dropped to 0.56 US dollars. This represents a decrease of 68.9%. In 2018, the price per kilogram increased to 1.97 US dollars, but this was short-lived, as the price dropped again in 2019 to 1.32 US dollars. The lowest price per kilogram was recorded in 2020, at 0.44 US dollars. Based on the data, it is predicted that the price of Seaweed into Myanmar will remain relatively stable in the next two years. In 2023, the price per kilogram is expected to be 0.56 US dollars, and in 2024, the price is expected to be 0.58 US dollars.Export values for Myanmar seaweed
The total values in export for seaweed in Myanmar were US$ 353, US$ 607, US$ 65 and US$ 590 in US dollar thousand for the years 2013, 2017, 2018 and 2019 in that order.
Prices of other produce in the Agro Commodities category in Myanmar: Eggs, Wood Ear, Jelly Fungi Tremella, Coffee Husks & Skins, Coca leaf, Poppy Straw, Ephedra, Sugar Beet, Sugarcane & Natural Lac.
See prices of seaweed in other countries across Asia: Kazakhstan seaweed, Kyrgyzstan seaweed, Tajikistan seaweed, Turkmenistan seaweed, Uzbekistan seaweed, China seaweed, Hong Kong seaweed, Macao seaweed, North Korea seaweed & Mongolia seaweed.
Myanmar seaweed - Production, Exports, Imports, Seasons and HS Codes
In 2019 Myanmar sold 447 tonnes of seaweed. For 2019 alone, the interest in Myanmar seaweed (agro commodities category) has gone up, flactuating by 1254.545 percent compared to the year 2018. Between 2017 and 2019, seaweed's exports reduced by -96.31 pc bringing Myanmar US$0.59m for the year 2019. Myanmar's seaweed exports are classified as:
- Seaweeds and other algae, fresh, chilled, frozen or dried, whether or not ground, fit for human consumption (HS code 121221)
- Seaweeds and other algae, fresh, chilled, frozen or dried, whether or not ground (HS code 121220)
- Seaweeds & other algae (HS code 1212Xa)
- Seaweeds and other algae, fresh, chilled, frozen or dried, whether or not ground, unfit for human consumption (HS code 121229)
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Myanmar seaweed export values
In 2019, Myanmar sold seaweed costing 0.59m USD, an increment of 807.69% from 2018's total seaweed export of 0.065m USD. The yearly growth in value of Myanmar seaweed between 2017 to 2018 was -89.292 percent.
The annual change in the amount of Myanmar's seaweed exports between 2017 and 2019 was -96.31 percent compared to a variation of 1254.545% in the period between 2018 and 2019.
Export markets for Myanmar seaweed ( in '000$ )
Myanmar imported 868 tonnes of seaweed in 2019.