Myanmar - Fructose And Fructose Syrup - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFructose Price in Myanmar - 2022
Contents:
- Fructose Price in Myanmar (CIF) - 2022
- Fructose Price in Myanmar (FOB) - 2022
- Fructose Imports in Myanmar
- Fructose Exports in Myanmar
Fructose Price in Myanmar (CIF) - 2022
The average fructose import price stood at $526 per ton in December 2022, reducing by -71.5% against the previous month. Over the period under review, the import price recorded a abrupt downturn. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 166% month-to-month. As a result, import price reached the peak level of $1,847 per ton, and then fell markedly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Malaysia ($1,579 per ton), while the price for China stood at $491 per ton.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Thailand (-1.4%), while the prices for the other major suppliers experienced a decline.
Fructose Price in Myanmar (FOB) - 2022
The average fructose export price stood at $886 per ton in December 2022, rising by 21% against the previous month. Overall, the export price recorded a perceptible increase. The pace of growth was the most pronounced in February 2022 when the average export price increased by 177% month-to-month. As a result, the export price reached the peak level of $1,457 per ton. From March 2022 to December 2022, the the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In December 2022, the country with the highest price was South Korea ($1,000 per ton), while the average price for exports to Bangladesh ($682 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 Indonesia (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Fructose Imports in Myanmar
In 2022, after three years of growth, there was significant decline in supplies from abroad of fructose and fructose syrup, when their volume decreased by -23.4% to 5.6K tons. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 57% against the previous year.
In value terms, fructose imports shrank markedly to $3.1M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.2% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 35% against the previous year. As a result, imports attained the peak of $3.8M, and then declined sharply in the following year.
| Import of Fructose in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.6 | 2.4 | 3.3 | 2.5 | 16.0% |
| Thailand | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Others | 0.4 | 0.4 | 0.4 | 0.5 | 7.7% |
| Total | 2.2 | 2.8 | 3.8 | 3.1 | 12.1% |
Top Suppliers of Fructose to Myanmar in 2022:
- China (5.2K tons)
- Thailand (0.2K tons)
Fructose Exports in Myanmar
In 2022, fructose exports from Myanmar skyrocketed to 3.1K tons, increasing by 81% compared with the previous year's figure. In general, exports, however, faced a significant decline.
In value terms, fructose exports surged to $2.5M in 2022. Over the period under review, exports, however, showed a precipitous setback. The pace of growth appeared the most rapid in 2020 with an increase of 115%. As a result, the exports reached the peak of $15M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Fructose in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 4.2 | 4.6 | 0.9 | 2.0 | -21.9% |
| Bangladesh | N/A | N/A | N/A | 0.1 | 0% |
| United States | N/A | 0.6 | 0.3 | 0.1 | -59.2% |
| Thailand | 0.1 | 0.4 | N/A | 0.1 | 0.0% |
| China | 2.6 | 9.3 | N/A | N/A | 257.7% |
| India | N/A | 0.1 | N/A | N/A | 0% |
| Others | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Total | 7.0 | 15.0 | 1.5 | 2.5 | -29.1% |
Top Export Markets for Fructose from Myanmar in 2022:
- Indonesia (2348.0 tons)
- United States (303.9 tons)
- Bangladesh (138.6 tons)
- China (96.9 tons)
- Thailand (73.7 tons)
- India (57.0 tons)
This report provides an in-depth analysis of the fructose 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 10621320 - Chemically pure fructose in solid form, fructose and fructose syrup, containing in the dry state > .50 % of fructose, i soglucose excluding with added flavouring or colouring matter
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
-
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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