Myanmar - Frozen Whole Fish - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Whole Fish Price in Myanmar - 2022
Contents:
- Frozen Whole Fish Price in Myanmar (FOB) - 2022
- Frozen Whole Fish Price in Myanmar (CIF) - 2022
- Frozen Whole Fish Exports in Myanmar
- Frozen Whole Fish Imports in Myanmar
Frozen Whole Fish Price in Myanmar (FOB) - 2022
The average frozen whole fish export price stood at $1,401 per ton in December 2022, with an increase of 7.2% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2022 when the average export price increased by 18% month-to-month. The export price peaked at $1,566 per ton in June 2022; however, from July 2022 to December 2022, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was India ($3,208 per ton), while the average price for exports to Thailand ($768 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.9%), while the prices for the other major destinations experienced mixed trend patterns.
Frozen Whole Fish Price in Myanmar (CIF) - 2022
In December 2022, the average frozen whole fish import price amounted to $7,984 per ton, picking up by 51% against the previous month. Overall, import price indicated noticeable growth from December 2021 to December 2022: its price increased at an average monthly rate of +2.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, frozen whole fish import price increased by +129.0% against October 2022 indices. The growth pace was the most rapid in November 2022 an increase of 52% m-o-m. The import price peaked in December 2022.
Average prices varied noticeably amongst the major supplying countries. In December 2022, the country with the highest price was Norway ($8,002 per ton), while the price for Iceland amounted to $7,914 per ton.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Whole Fish Exports in Myanmar
After three years of growth, overseas shipments of frozen whole fish decreased by -9.9% to 157K tons in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +15.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 34%.
In value terms, frozen whole fish exports reduced sharply to $219M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 51% against the previous year.
| Export of Frozen Whole Fish in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 41.5 | 45.8 | 47.0 | 32.9 | -7.4% |
| Saudi Arabia | 15.9 | 27.4 | 45.1 | 31.0 | 24.9% |
| Thailand | 37.5 | 101 | 59.3 | 23.8 | -14.1% |
| Singapore | 18.8 | 14.9 | 20.5 | 22.4 | 6.0% |
| United Arab Emirates | 11.3 | 11.0 | 9.3 | 15.4 | 10.9% |
| India | 4.9 | 9.9 | 12.0 | 13.1 | 38.8% |
| United Kingdom | 10.9 | 12.8 | 15.5 | 10.0 | -2.8% |
| Malaysia | 6.9 | 7.0 | 10.3 | 9.1 | 9.7% |
| United States | 5.0 | 6.8 | 7.6 | 8.6 | 19.8% |
| Bangladesh | 0.9 | 0.5 | 8.9 | 6.4 | 92.3% |
| Qatar | 1.8 | 2.4 | 7.9 | 6.2 | 51.0% |
| Oman | 1.7 | 3.0 | 3.9 | 4.9 | 42.3% |
| Kuwait | 0.7 | 0.8 | 4.8 | 4.0 | 78.8% |
| Others | 17.1 | 20.4 | 24.5 | 31.2 | 22.2% |
| Total | 175 | 263 | 277 | 219 | 7.8% |
Top Export Markets for Frozen Whole Fish from Myanmar in 2022:
- Saudi Arabia (33.4K tons)
- China (22.3K tons)
- Singapore (20.6K tons)
- Thailand (20.4K tons)
- United Arab Emirates (14.7K tons)
- Qatar (5.4K tons)
- United Kingdom (4.8K tons)
- Oman (4.6K tons)
- United States (4.4K tons)
- Malaysia (4.2K tons)
- Kuwait (3.7K tons)
- Bangladesh (3.1K tons)
- India (2.9K tons)
Frozen Whole Fish Imports in Myanmar
In 2022, the amount of frozen whole fish imported into Myanmar surged to 2K tons, picking up by 227% against 2021. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, frozen whole fish imports surged to $12M in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Frozen Whole Fish in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 3.3 | 4.0 | 2.7 | 9.4 | 41.8% |
| Argentina | N/A | N/A | 0.1 | 0.5 | 400.0% |
| Iceland | N/A | N/A | N/A | 0.4 | 0% |
| Oman | N/A | 0.3 | 0.1 | 0.3 | 0.0% |
| New Zealand | 0.2 | 0.3 | 0.1 | 0.3 | 14.5% |
| Yemen | N/A | 0.3 | N/A | 0.2 | -18.4% |
| Russia | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Ecuador | N/A | 0.3 | N/A | N/A | 0% |
| Pakistan | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Others | 0.2 | 1.9 | 0.1 | 0.2 | 0.0% |
| Total | 3.8 | 7.2 | 3.2 | 11.6 | 45.1% |
Top Suppliers of Frozen Whole Fish to Myanmar in 2022:
- Norway (1308.2 tons)
- Argentina (168.6 tons)
- Oman (131.4 tons)
- Yemen (129.3 tons)
- New Zealand (85.1 tons)
- Russia (61.2 tons)
- Iceland (52.0 tons)
This report provides an in-depth analysis of the frozen whole fish 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 10201330 - Frozen whole salt water fish
- Prodcom 10201360 - Frozen whole fresh water fish
- Prodcom 10201600 - Frozen fish livers and roes
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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