Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Myanmar - 2022
Contents:
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Myanmar (CIF) - 2022
- Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Myanmar
Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Myanmar (CIF) - 2022
In 2022, the average import price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat amounted to $7,807 per ton, dropping by -2.6% against the previous year. Over the period under review, the import price continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2021 when the average import price decreased by -1.2% against the previous year. Over the period under review, average import prices hit record highs at $10,034 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +88.1% per year.
Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Myanmar
For the third year in a row, Myanmar recorded decline in supplies from abroad of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat, which decreased by -17.7% to 311 kg in 2022. Over the period under review, imports continue to indicate a abrupt downturn. The smallest decline of -9.2% was in 2020.
In value terms, imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat declined rapidly to $2.4K in 2022. Overall, imports saw a deep contraction. The smallest decline of -10.5% was in 2020.
Import of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Myanmar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 21.8 | 40.0 | 6.7 | 2.4 | -52.1% |
Hong Kong SAR | 86.0 | N/A | N/A | N/A | 0% |
New Zealand | 79.6 | 90.6 | 5.8 | N/A | -73.0% |
Thailand | N/A | 39.4 | N/A | N/A | 0% |
United States | 62.5 | 66.5 | 7.2 | N/A | -66.1% |
Others | -246.1 | -233.0 | -16.6 | N/A | -74.0% |
Total | 3.8 | 3.4 | 3.0 | 2.4 | -14.2% |
Top Suppliers of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Myanmar in 2022:
- Australia (145.0 kg)
This report provides an in-depth analysis of the beef market in Myanmar.
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