Goats; Live Price in Myanmar - 2022

Contents:

  1. Goats; Live Price in Myanmar (FOB) - 2022
  2. Goats; Live Price in Myanmar (CIF) - 2022
  3. Goats; Live Exports in Myanmar
  4. Goats; Live Imports in Myanmar

Goats; Live Price in Myanmar (FOB) - 2022

The average goats; live export price stood at $30 per unit in 2022, dropping by -35.6% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 117% against the previous year. Over the period under review, the average export prices reached the peak figure at $176 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Thailand.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +5.6% per year.

Goats; Live Price in Myanmar (CIF) - 2022

The average goats; live import price stood at $848 per unit in 2022, increasing by 12,572% against the previous year. Overall, the import price posted a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Saudi Arabia.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to -3.6% per year.

Goats; Live Exports in Myanmar

In 2022, the amount of goats; lives exported from Myanmar soared to 1K units, with an increase of 51% compared with the previous year. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, goats; live exports contracted modestly to $30K in 2022. In general, exports, however, showed a mild shrinkage. The smallest decline of -1.4% was in 2020. Over the period under review, the exports hit record highs at $32K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Goats; Live in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand3.28.37.530.0110.9%
Lao People's Democratic Republic2.84.8N/AN/A71.4%
China25.718.223.4N/A-4.6%
OthersN/AN/AN/AN/A0%
Total31.731.330.930.0-1.8%

Top Export Markets for Goats; Live from Myanmar in 2022:

  1. Thailand (1.0K units)

Goats; Live Imports in Myanmar

In 2022, purchases abroad of goats; lives decreased by -99% to 33 units, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a significant decrease. The growth pace was the most rapid in 2020 with an increase of 245%. As a result, imports reached the peak of 8.5K units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, goats; live imports surged to $28K in 2022. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 458% against the previous year. As a result, imports reached the peak of $61K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Goats; Live in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi ArabiaN/AN/AN/A28.00%
Thailand10.335.713.3N/A13.6%
Others0.625.27.8N/A260.6%
Total10.960.821.028.037.0%

Top Suppliers of Goats; Live to Myanmar in 2022:

  1. Saudi Arabia (33.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Goats; live - Myanmar