Bovine Animals; Live Price in Myanmar - 2022
Contents:
- Bovine Animals; Live Price in Myanmar (FOB) - 2022
- Bovine Animals; Live Price in Myanmar (CIF) - 2022
- Bovine Animals; Live Exports in Myanmar
- Bovine Animals; Live Imports in Myanmar
Bovine Animals; Live Price in Myanmar (FOB) - 2022
The average bovine animals; live export price stood at $8,400 per unit in August 2022, falling by -81.6% against the previous month. In general, the export price, however, continues to indicate a significant expansion. The pace of growth was the most pronounced in April 2022 when the average export price increased by 301% m-o-m. Over the period under review, the average export prices reached the peak figure at $45,600 per unit in July 2022, and then contracted rapidly in the following month.
As there is only one major export destination, the average price level is determined by prices for Thailand.
From February 2022 to August 2022, the rate of growth in terms of prices for Thailand amounted to +38.3% per month.
Bovine Animals; Live Price in Myanmar (CIF) - 2022
The average bovine animals; live import price stood at $1,982 per unit in 2022, standing approx. at the previous year. Over the period under review, the import price posted a buoyant expansion. The pace of growth was the most pronounced in 2020 an increase of 5,535%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for Thailand.
From 2014 to 2022, the rate of growth in terms of prices for Thailand amounted to +8.9% per year.
Bovine Animals; Live Exports in Myanmar
In 2022, shipments abroad of bovine animals; lives was finally on the rise to reach 11K units after two years of decline. Overall, exports, however, faced a dramatic decrease. The exports peaked at 152K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, bovine animals; live exports soared to $13M in 2022. In general, exports, however, faced a sharp slump. The exports peaked at $232M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Bovine Animals; Live in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 182 | 21.5 | N/A | 13.3 | -58.2% |
| Others | 49.3 | 45.9 | N/A | N/A | -6.9% |
| Total | 232 | 67.4 | N/A | 13.3 | -61.4% |
Top Export Markets for Bovine Animals; Live from Myanmar in 2022:
- Thailand (11.0K units)
Bovine Animals; Live Imports in Myanmar
For the third consecutive year, Myanmar recorded decline in purchases abroad of bovine animals; lives, which decreased by 0% to 2 units in 2022. In general, imports recorded a precipitous decrease. The smallest decline of -99.8% was in 2020. Imports peaked at 3.9K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, bovine animals; live imports totaled $4K in 2022. Overall, imports saw a significant curtailment. The smallest decline of -90% was in 2020. Imports peaked at $79K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Bovine Animals; Live in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 56.6 | 7.9 | N/A | 4.0 | -58.7% |
| Lao People's Democratic Republic | 14.7 | N/A | N/A | N/A | 0% |
| New Zealand | 7.9 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 79.2 | 7.9 | N/A | 4.0 | -63.0% |
Top Suppliers of Bovine Animals; Live to Myanmar in 2022:
- Thailand (2.0 units)
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