Myanmar - Evaporated And Condensed Milk - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Evaporated and Condensed Milk in Myanmar - 2022
Contents:
- Price for Evaporated and Condensed Milk in Myanmar (CIF) - 2022
- Price for Evaporated and Condensed Milk in Myanmar (FOB) - 2022
- Imports of Evaporated and Condensed Milk in Myanmar
- Exports of Evaporated and Condensed Milk in Myanmar
Price for Evaporated and Condensed Milk in Myanmar (CIF) - 2022
In 2022, the average evaporated and condensed milk import price amounted to $923 per ton, waning by -9.7% against the previous year. Overall, the import price recorded a deep reduction. The growth pace was the most rapid in 2019 when the average import price increased by 19% against the previous year. The import price peaked at $2,517 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($956 per ton), while the price for Australia amounted to $917 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-6.2%), while the prices for the other major suppliers experienced a decline.
Price for Evaporated and Condensed Milk in Myanmar (FOB) - 2022
The average evaporated and condensed milk export price stood at $786 per ton in 2022, dropping by -24.7% against the previous year. Over the period under review, the export price recorded a drastic downturn. The pace of growth was the most pronounced in 2020 when the average export price increased by 47%. Over the period under review, the average export prices attained the peak figure at $1,649 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to -4.0% per year.
Imports of Evaporated and Condensed Milk in Myanmar
In 2022, evaporated and condensed milk imports into Myanmar expanded slightly to 3K tons, picking up by 1.8% compared with 2021. Over the period under review, imports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 5.5%. As a result, imports attained the peak of 4K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, evaporated and condensed milk imports declined to $2.7M in 2022. Overall, imports, however, recorded a deep reduction. The smallest decline of -0.8% was in 2020.
| Import of Evaporated and Condensed Milk in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 0.3 | 0.3 | 0.1 | 2.6 | 105.4% |
| China | N/A | N/A | N/A | 0.1 | 0% |
| Singapore | 4.0 | 4.1 | 2.8 | N/A | -16.3% |
| Others | 0.2 | 0.1 | 0.1 | N/A | -29.3% |
| Total | 4.5 | 4.5 | 3.0 | 2.7 | -15.7% |
Top Suppliers of Evaporated and Condensed Milk to Myanmar in 2022:
- Australia (2875.7 tons)
- China (68.7 tons)
Exports of Evaporated and Condensed Milk in Myanmar
Evaporated and condensed milk exports from Myanmar fell rapidly to 14 kg in 2022, which is down by -96.2% against 2021. Overall, exports showed a significant decline. The pace of growth appeared the most rapid in 2021 with an increase of 2.2% against the previous year.
In value terms, evaporated and condensed milk exports shrank remarkably to $11 in 2022. In general, exports saw a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year.
| Export of Evaporated and Condensed Milk in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | N/A | N/A | N/A | N/A | 0% |
| India | 22.7 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.3 | 0.4 | N/A | 33.3% |
| Total | 22.7 | 0.3 | 0.4 | N/A | -86.7% |
Top Export Markets for Evaporated and Condensed Milk from Myanmar in 2022:
- Singapore (14.0 kg)
This report provides an in-depth analysis of the market for evaporated and condensed milk 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 889 - Whole Milk, Condensed
- FCL 894 - Whole Milk, Evaporated
- FCL 895 - Skim Milk, Evaporated
- FCL 896 - Skim Milk, Condensed
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
- COUNTRIES WITH TOP YIELDS
- 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, PRODUCING ANIMALS AND YIELD
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
- Yield 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
- Producing Animals Slaughtered, 2012–2023
- Yield, 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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New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin
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New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin
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