Market research

Castor seeds market in Myanmar

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

From 2018 to 2020, Myanmar's castor seed market experienced gradual growth, with domestic consumption rising from 11 341 tons to 11 894 tons, supported by steady increases in production. This trend reversed sharply in 2021 when the market contracted to 5 380 tons, a decline driven by a substantial rise in export volumes that redirected production away from local consumption.

Following the export surge, domestic production remained stable around 12 500–12 800 tons annually. As exports moderated in 2022 and 2023, the local market recovered to 6 348 tons and then 8 125 tons, though consumption levels stayed below the pre-2021 period, reflecting a continued orientation toward international trade.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Myanmar
  1. 5.1.1. Annual dynamics of production in Myanmar in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Myanmar in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Myanmar in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Myanmar by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Myanmar in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Myanmar by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Myanmar, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Myanmar by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Myanmar in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Myanmar by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Myanmar in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Myanmar by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Myanmar, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Myanmar by countries, 2018-2024, $ US/t
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, t
  2. 7.1.2. In value, K $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, t
  2. 7.2.2. In value, K $ US
8. Top buying and selling countries, 2018-2024
1. 8.1. Direct Data
  1. 8.1.1. Import in Value by Countries-buyers
  2. 8.1.2. Export in Value by Countries-suppliers
2. 8.2. Mirror Data
  1. 8.2.1. Import in Value by Countries-buyers
  2. 8.2.2. Export in Value by Countries-suppliers

Production castor seeds in Myanmar

In kind, 2017-2020, t

From 2017 to 2020, Myanmar held the fifth position globally in castor seed production.

Top producers of castor seeds, 2017-2020

Source: SHEV.io

World map of production of castor seeds, 2017-2020

Source: SHEV.io

Myanmar's castor seed production grew for the third year in a row. In 2020, the country produced 12 813 tonnes, a 2.2% increase from the previous year. Over the 2017–2020 period, production rose by 8.3%, averaging an annual growth rate of 2.7%.

Annual dynamics of production in Myanmar in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	3.5%	2.4%	2.2%	2.7%

Source: SHEV.io

Exports castor seeds from Myanmar

Exports in kind, t

The market showed an unstable trend during this period. Exports peaked in 2017 and hit their lowest point in 2018, with a fourfold difference between these years. In 2020, Myanmar shipped 919 tonnes of castor seeds abroad, a significant drop of 22.2% compared to 2019. The largest decline occurred in 2018, at 74.8%, while the biggest increase was in 2019, at 30.5%.

Annual dynamics of product's exports from Myanmar in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(74.8%)	30.5%	(22.2%)	(36.5%)

Source: SHEV.io

From 2017 to 2020, China was overwhelmingly the main destination for Myanmar's castor seed exports, accounting for 98.8% of the total volume.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Myanmar in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

The market displayed volatility over the observed timeframe. There was a sevenfold variation between the peak in 2017 and the low in 2020. In 2020, Myanmar exported 382 thousand US dollars' worth of castor seeds, a sharp decline of 41.1% from the previous year. The largest decrease was in 2018, at 84.2%, and the largest increase was in 2019, at 52.3%.

Annual dynamics of product's exports from Myanmar in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(84.2%)	52.3%	(41.1%)	(47.8%)

Source: SHEV.io

During 2017–2020, castor seeds from Myanmar were primarily shipped to China, which accounted for 98.3% of total exports in value terms.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Myanmar in value, 2017-2020

Source: SHEV.io

Imports castor seeds to Myanmar

Market analysis indicates that Myanmar did not import any castor seeds from 2017 to 2020.

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