Myanmar - Frozen Fruits - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Fruit Price in Myanmar - 2022
Contents:
- Frozen Fruit Price in Myanmar (FOB) - 2022
- Frozen Fruit Price in Myanmar (CIF) - 2022
- Frozen Fruit Exports in Myanmar
- Frozen Fruit Imports in Myanmar
Frozen Fruit Price in Myanmar (FOB) - 2022
In 2021, the average frozen fruit export price amounted to $2,427 per ton, surging by 41% against the previous year. Over the period under review, the export price, however, saw a perceptible setback. Over the period under review, the average export prices hit record highs at $3,578 per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Russia ($7,894 per ton), while the average price for exports to China ($300 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+31.2%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Fruit Price in Myanmar (CIF) - 2022
The average frozen fruit import price stood at $2,400 per ton in 2021, with a decrease of -24.7% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 18% against the previous year. As a result, import price attained the peak level of $3,581 per ton. From 2020 to 2021, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Canada ($4,394 per ton), while the price for China ($903 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+22.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Fruit Exports in Myanmar
In 2022, shipments abroad of frozen fruits was finally on the rise to reach 190 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a abrupt downturn.
In value terms, frozen fruit exports reached $376K in 2022. Overall, exports, however, faced a abrupt curtailment.
Export of Frozen Fruit in Myanmar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Bangladesh | 119 | 138 | 161 | 16.3% | |
Russia | 44.3 | 30.9 | 116 | 61.8% | |
India | 0.3 | 0.3 | 52.3 | 1220.4% | |
China | 18.6 | 35.7 | 3.0 | -59.8% | |
Thailand | N/A | N/A | 2.4 | 0% | |
Others | 408 | 211 | 1.5 | -93.9% | |
Total | 591 | 416 | 336 | -24.6% |
Top Export Markets for Frozen Fruit from Myanmar in 2022:
- Bangladesh (59.7 tons)
- Russia (14.6 tons)
- India (10.6 tons)
- China (10.0 tons)
- Thailand (4.1 tons)
Frozen Fruit Imports in Myanmar
In 2022, approx. 39 tons of frozen fruits were imported into Myanmar; rising by 95% on 2021. In general, imports posted a prominent expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 136%. As a result, imports reached the peak of 53 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, frozen fruit imports skyrocketed to $109K in 2022. Over the period under review, imports saw prominent growth.
Import of Frozen Fruit in Myanmar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Serbia | 1.1 | 1.1 | 9.3 | 190.8% | |
China | 12.2 | 4.3 | 8.1 | -18.5% | |
Netherlands | 5.5 | 3.1 | 4.3 | -11.6% | |
Canada | N/A | N/A | 1.6 | 0% | |
Poland | 4.7 | 3.0 | 1.4 | -45.4% | |
Thailand | 23.7 | 21.8 | N/A | -8.0% | |
Belgium | 1.4 | 1.5 | N/A | 7.1% | |
Peru | 7.5 | 8.0 | N/A | 6.7% | |
Denmark | 3.4 | 1.8 | N/A | -47.1% | |
Israel | 14.7 | N/A | N/A | 0% | |
Others | 6.5 | 125 | 23.0 | 88.1% | |
Total | 80.7 | 170 | 47.7 | -23.1% |
Top Suppliers of Frozen Fruit to Myanmar in 2022:
- China (9.0 tons)
- Serbia (2.3 tons)
- Netherlands (1.4 tons)
- Poland (0.6 tons)
- Canada (0.4 tons)
This report provides an in-depth analysis of the frozen fruit market in Myanmar. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10392100 - Frozen fruit and nuts uncooked or cooked by steaming or boiling in water
Country coverage:
- Myanmar
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Myanmar
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Global frozen fruit trade expanded to $7.1B in 2021.
Global frozen fruit imports continue to grow in physical terms, expanding twofold over the past decade. In 2020, global imports rose by +3% y-o-y to 2.7M tons. In value terms, imports reached $5.8B last year. The U.S. and Germany remain the largest importers of frozen fruits worldwide, with a combined 34%-share of the global figure. The U.S. featured the highest growth rate of imports in physical terms in 2020. The average global frozen fruit import price amounted to $2,121 per ton in 2020, increasing by +8.2% y-o-y.
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