Myanmar - Maize Bran - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 11, 2024

Myanmar - Maize Bran - Market Analysis, Forecast, Size, Trends And Insights

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Maize Bran Price in Myanmar - 2022

Contents:

  1. Maize Bran Price in Myanmar (CIF) - 2022
  2. Maize Bran Price in Myanmar (FOB) - 2022
  3. Maize Bran Imports in Myanmar
  4. Maize Bran Exports in Myanmar

Maize Bran Price in Myanmar (CIF) - 2022

In 2022, the average maize bran import price amounted to $502 per ton, reducing by -4.8% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible increase. The pace of growth was the most pronounced in 2020 when the average import price increased by 44% against the previous year. The import price peaked at $528 per ton in 2021, and then reduced modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($544 per ton), while the price for the United States ($322 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Maize Bran Price in Myanmar (FOB) - 2022

In 2022, the average maize bran export price amounted to $273 per ton, falling by -7.8% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 25% against the previous year. Over the period under review, the average export prices reached the maximum at $296 per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($300 per ton), while the average price for exports to China ($73 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+0.6%), while the prices for the other major destinations experienced a decline.

Maize Bran Imports in Myanmar

In 2022, purchases abroad of maize bran decreased by -14.2% to 17K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 66% against the previous year.

In value terms, maize bran imports declined notably to $8.4M in 2022. In general, imports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 138% against the previous year.

Import of Maize Bran in Myanmar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina1.46.29.07.272.6%
United States0.70.10.60.6-5.0%
China0.10.10.60.681.7%
Others0.60.1N/AN/A-83.3%
Total2.76.510.38.446.0%

Top Suppliers of Maize Bran to Myanmar in 2022:

  1. Argentina (13.9K tons)
  2. United States (1.8K tons)
  3. China (1.1K tons)

Maize Bran Exports in Myanmar

In 2022, approx. 330 tons of maize bran were exported from Myanmar; with an increase of 35% against the year before. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 350%. As a result, the exports attained the peak of 414 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, maize bran exports skyrocketed to $90K in 2022. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 375%. As a result, the exports attained the peak of $108K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Maize Bran in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR11.470.835.945.458.5%
Singapore11.036.535.344.659.5%
Others0.30.21.30.1-30.7%
Total22.610872.690.158.6%

Top Export Markets for Maize Bran from Myanmar in 2022:

  1. Hong Kong SAR (179.7 tons)
  2. Singapore (148.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the maize bran 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 10614010 - Bran, sharps and other residues from the sifting, milling or other working of maize (corn)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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In value terms, bran, sharps and other residues; exports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total exports value increased at an average annual ra...

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In 2020, total wheat bran imports stood at 6.6M tons or $1.1B in value terms, remaining stable against the previous year. Turkey is the largest wheat bran importer, accounting for 24% of global imports. Turkey, China, the Netherlands and Saudi Arabia increased their imports while supplies to Vietnam, Germany, Canada, South Africa and Thailand declined in 2020. China emerged as the fastest-growing importer. The average wheat bran import price rose by +4.8% y-o-y to $174 per ton last year. Russia, Indonesia and Germany constitute key wheat bran suppliers worldwide.

Which Country Exports the Most Bran, Sharps and Other Residues; in the World?
Jul 26, 2018
Eye 787

In value terms, bran, sharps and other residues; exports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total exports value increased at an average annual ra...

Boosting Turkey's and China's Imports Keep Global Wheat Bran Trade Afloat
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Eye 912

In 2020, total wheat bran imports stood at 6.6M tons or $1.1B in value terms, remaining stable against the previous year. Turkey is the largest wheat bran importer, accounting for 24% of global imports. Turkey, China, the Netherlands and Saudi Arabia increased their imports while supplies to Vietnam, Germany, Canada, South Africa and Thailand declined in 2020. China emerged as the fastest-growing importer. The average wheat bran import price rose by +4.8% y-o-y to $174 per ton last year. Russia, Indonesia and Germany constitute key wheat bran suppliers worldwide.

Free Data: Maize Bran - Myanmar