Myanmar - Poultry - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Myanmar - Poultry - Market Analysis, Forecast, Size, Trends and Insights

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Poultry Price in Myanmar - 2022

Contents:

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

Poultry Price in Myanmar (CIF) - 2022

In 2022, the average poultry import price amounted to $1,405 per ton, growing by 127% against the previous year. Over the period under review, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, average import prices attained the peak figure at $1,618 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($3,356 per ton), while the price for China ($873 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+7.7%), while the prices for the other major suppliers experienced a decline.

Poultry Price in Myanmar (FOB) - 2022

In 2021, the average poultry export price amounted to $1,200 per ton, almost unchanged from the previous year. In general, the export price continues to indicate a dramatic shrinkage. The pace of growth was the most pronounced in 2019 when the average export price increased by 13% against the previous year. Over the period under review, the average export prices attained the maximum at $7,300 per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Vietnam ($1,200 per ton), while the average price for exports to Hong Kong SAR stood at $1,200 per ton.

From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (-58.9%).

Poultry Imports in Myanmar

Poultry imports into Myanmar soared to 592 tons in 2022, with an increase of 36% against 2021. The total import volume increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.

In value terms, poultry imports surged to $832K in 2022. Over the period under review, imports recorded a resilient expansion.

Import of Poultry in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand30360311740710.3%
China1.97.52.5281428.8%
Malaysia1.05.87.643.2250.9%
Turkey2.87.1N/A14.071.0%
Poland7.343.4N/A7.30.0%
Italy9.44.61193.7-26.7%
Hong Kong SAR179N/AN/AN/A0%
GermanyN/A31.0N/AN/A0%
Others19615522.474.5-27.6%
Total7018572698325.9%

Top Suppliers of Poultry to Myanmar in 2022:

  1. China (322.4 tons)
  2. Thailand (215.0 tons)
  3. Malaysia (12.9 tons)
  4. Turkey (9.6 tons)
  5. Poland (6.2 tons)
  6. Italy (3.5 tons)

Poultry Exports in Myanmar

In 2021, the amount of poultry exported from Myanmar amounted to 128 tons, approximately equating the previous year. Over the period under review, exports showed significant growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, poultry exports totaled $154K in 2021. Overall, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

Export of Poultry in Myanmar (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Hong Kong SARN/AN/A85.00%
VietnamN/AN/A69.10%
Thailand14.0N/AN/A0%
China27.2N/AN/A0%
OthersN/AN/AN/A0%
Total41.2N/A15493.3%

Top Export Markets for Poultry from Myanmar in 2022:

  1. Hong Kong SAR (70.8 tons)
  2. Vietnam (57.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the poultry 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:

  • FCL 1058 - Chicken meat
  • FCL 1059 - Offals and liver of chickens
  • FCL 1069 - Duck meat
  • FCL 1073 - Goose meat
  • FCL 1074 - Offals and liver of geese
  • FCL 1075 - Offals and liver of ducks
  • FCL 1080 - Turkey meat
  • FCL 1081 - Offals and liver of turkey

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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. 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, PRODUCING ANIMALS AND YIELD
  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. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Producing Animals Slaughtered, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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