Myanmar monthly food price report - February 2026
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International Food Policy Research Institute
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Rice prices in February 2026 remained significantly lower year-on-year (down 13 percent), although they increased slightly month-on-month, indicating an early recovery following several months of decline driven by lower international prices and increased domestic supply. While easing pressure on consumers, these trends continue to raise concerns for paddy producers facing rising input costs.
Export crop prices strengthened this month, with pulses and maize increasing month-on-month supported by the revised foreign exchange policy and stronger international market demand.
Vegetable prices showed mixed year-on-year trends but increased month-on-month, partly driven by seasonal demand during the Tabaung festival period. Supply disruptions, including weather-related production impacts, also influenced price movements for key crops such as potato and chili.
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.
The war 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