What is the price of sesame oil per kilogram/pound in Myanmar today?
The retail price range for Myanmar sesame oil is between US$ 4.38 and US$ 6.56 per kilogram or between US$ 1.98 and US$ 2.98 per pound(lb). Click here to see today's exact prices of sesame oil in Myanmar
The retail price range in Kyat for sesame oil is between MMK 9,309.26 and MMK 13,963.88 per kilogram or between MMK 4,221.88 and MMK 6,332.83 per pound(lb) in Naypyitaw and Yangon.
Wholesale prices
In 2024, the approximate wholesale price range for Myanmar sesame oil is between US$ 3.06 and US$ 4.59 per kilogram or between US$ 1.39 and US$ 2.08 per pound(lb).
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Myanmar Sesame Oil Export Prices - Historical, Trends and Prediction
The export price of sesame oil from Myanmar over the last five years has seen a steady decline. In 2013, the price per kilogram was 4.46 US dollars, dropping to 3.64 US dollars in 2014. Prices then rose to 4.94 US dollars in 2015, before dropping again to 4.12 US dollars in 2016 and 4.09 US dollars in 2017. The most significant decrease was seen in 2018, when the price per kilogram dropped to 3.34 US dollars. Prices continued to fall in 2019, reaching 3.00 US dollars, and then again in 2020, when the price per kilogram was 1.93 US dollars. The most recent data shows that the price per kilogram of sesame oil from Myanmar in 2021 was 1.43 US dollars. Based on this data, it is predicted that the price per kilogram of sesame oil from Myanmar in 2023 will be 1.17 US dollars and in 2024 will be 0.91 US dollars.Myanmar Sesame Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Sesame oil into Myanmar over the last five years has been quite volatile. In 2013, the price was 4.46 US dollars per kg, which dropped to 3.64 US dollars per kg in 2014. This was followed by a sharp increase to 4.94 US dollars per kg in 2015. The price then dropped to 4.12 US dollars per kg in 2016 and further to 4.09 US dollars per kg in 2017. The most recent year, 2018, saw a further decrease to 3.34 US dollars per kg. This downward trend continued in 2019, with the price dropping to 3.00 US dollars per kg. The price then dropped to 1.93 US dollars per kg in 2020 and further to 1.43 US dollars per kg in 2021. Based on the current trend, it is likely that the import price per kilogram of Sesame oil into Myanmar will continue to decrease in the coming years. We can predict that the price will be around 1.20 US dollars per kg in 2023 and 1.00 US dollars per kg in 2024.Export values for Myanmar sesame oil
The total values in export for sesame oil in Myanmar were US$ 424, US$ 90, US$ 678 and US$ 141 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 sesame oil in other countries across Asia: Kazakhstan sesame oil, Kyrgyzstan sesame oil, Tajikistan sesame oil, Turkmenistan sesame oil, Uzbekistan sesame oil, China sesame oil, Hong Kong sesame oil, Macao sesame oil, North Korea sesame oil & Mongolia sesame oil.
Myanmar sesame oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Myanmar exported 47 tonnes of sesame oil. For 2019 alone, the interest in Myanmar sesame oil (processed category) has decreased, flactuating by -67.586 percent compared to the year 2018. Between 2017 and 2019, sesame oil's exports grew by 113.64% earning the country US$0.14m for the year 2019. Myanmar's sesame oil exports are categorised as:
- Sesame oil and its fractions, whether or not refined, but not chemically modified (HS code 151550)
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Myanmar sesame oil export values
In 2019, Myanmar shipped sesame oil with a value of 0.14m USD, a reduction of -79.35% from 2018's total sesame oil export of 0.678m USD. The yearly reduction in value of Myanmar sesame oil between 2017 to 2018 was 653.333 pc.
The annual change in the amount of Myanmar's sesame oil exports between 2017 and 2019 was 113.64 pc when compared to a variation of -67.586% in the growth rate between 2018 and 2019.
Myanmar's share of the world's total sesame oil's exports in 2019 was less than 1%. Myanmar is ranked number 20 in world exports of sesame oil.
Export markets for Myanmar sesame oil ( in '000$ )
Myanmar ordered 3 tonnes of sesame oil in 2019.