As paddy prices have gone up significantly, rice prices have gone up substantially as well, making the costs of Myanmar’s staple food unaffordable for consumers. Source: IFPRI Myanmar – The Myanmar Strategy Support Program
High fuel costs and electricity supply remain the most commonly disruptions for rice millers
Electricity access is the most significant disruption for both medium/large-scale mills and small/micro mills. Source: IFPRI Myanmar – The Myanmar Strategy Support Program
Rice productivity in Myanmar
The majority of farmers expect paddy production during the 2022 monsoon season to be lower this year compared to the previous year because of substantially lower fertilizer use. Source: IFPRI Myanmar – The Myanmar Strategy Support Program
Electricity and fuel caused the significant disruption for rice milling
Millers were greatly affected by high fuel prices, transportation costs and difficulties accessing electricity and fuel. Source: IFPRI Myanmar – The Myanmar Strategy Support Program
Devaluation of the kyat and rising global prices contribute to increased crop prices
Crop traders are important actors in the mid-stream of Myanmar’s food supply chains. Source: IFPRI Myanmar – The Myanmar Strategy Support Program