Myanmar monthly food price report – March 2026
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International Food Policy Research Institute
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Rice prices in March 2026 remained lower year-on-year (down 9 percent), although they increased slightly month-on-month, indicating a recovery following earlier declines driven by lower international prices and strong domestic supply. While easing pressure on consumers, these trends continue to raise concerns for paddy producers, who face rising input costs and fuel constraints.
Export crop prices showed relatively limited movement this month, suggesting a pause in momentum after previous gains driven by the revised foreign exchange policy and stronger international market demand.
Vegetable prices declined month-on-month, reflecting increased market supply during the peak harvest season. Prices of garlic, onion, and chili fell as new season’s produce entered the market, outweighing ongoing supply disruptions. In contrast, potato prices continued to increase due to weather-related production constraints,
Animal-sourced food prices continued to rise sharply year-on-year, led by mutton, chicken, and fish, reflecting supply constraints, disease outbreaks, and strong export demand. However, month-on-month changes were relatively modest, indicating short-term price stability.
The conflict in Iran has led to a partial closure of the Strait of Hormuz, through which more than a quarter of the world’s oil exports and 20–30 percent of global fertilizer exports pass. These developments are especially concerning for Myanmar’s agrifood system, which depends heavily on fuel for transport, irrigation, mechanization, and processing. In addition, disruptions in fertilizer supply could adversely affect the upcoming monsoon season.
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food prices, food security, crops, agricultural marketing, rice