Myanmar - Frozen Crabs And Crabs Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Frozen Crab and Crab Meat in Myanmar - 2022
Contents:
- Price for Frozen Crab and Crab Meat in Myanmar (FOB) - 2022
- Price for Frozen Crab and Crab Meat in Myanmar (CIF) - 2022
- Exports of Frozen Crab and Crab Meat in Myanmar
- Imports of Frozen Crab and Crab Meat in Myanmar
Price for Frozen Crab and Crab Meat in Myanmar (FOB) - 2022
The average export price for frozen crabs and crabs meat stood at $6,000 per ton in December 2022, with a decrease of -7.9% against the previous month. Over the period under review, the export price recorded a noticeable setback. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 35% against the previous month. The export price peaked at $9,955 per ton in March 2022; however, from April 2022 to December 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($9,166 per ton), while the average price for exports to Singapore ($3,814 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 Taiwan (Chinese) (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Frozen Crab and Crab Meat in Myanmar (CIF) - 2022
The average import price for frozen crabs and crabs meat stood at $11,047 per ton in 2022, dropping by -16.1% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 86% against the previous year. The import price peaked at $13,170 per ton in 2021, and then declined markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($20,720 per ton), while the price for Thailand ($1,313 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+60.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Frozen Crab and Crab Meat in Myanmar
In 2022, after three years of growth, there was decline in overseas shipments of frozen crabs and crabs meat, when their volume decreased by -1% to 4.9K tons. The total export volume increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 15%.
In value terms, frozen crab and crab meat exports fell to $39M in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 6.6% against the previous year. As a result, the exports attained the peak of $41M, and then reduced slightly in the following year.
| Export of Frozen Crab and Crab Meat in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 16.8 | 15.6 | 14.2 | 14.0 | -5.9% |
| Thailand | 3.2 | 5.2 | 7.2 | 5.0 | 16.0% |
| Hong Kong SAR | 4.4 | 2.7 | 4.0 | 4.2 | -1.5% |
| Australia | 2.1 | 1.5 | 2.5 | 2.9 | 11.4% |
| China | 1.6 | 2.8 | 3.8 | 2.6 | 17.6% |
| Taiwan (Chinese) | 3.8 | 3.0 | 1.4 | 1.8 | -22.0% |
| South Korea | 1.3 | 2.8 | 1.8 | 1.4 | 2.5% |
| Japan | 2.3 | 1.8 | 0.9 | 1.2 | -19.5% |
| Others | 3.8 | 2.6 | 4.8 | 6.2 | 17.7% |
| Total | 39.3 | 38.1 | 40.6 | 39.3 | 0.0% |
Top Export Markets for Frozen Crab and Crab Meat from Myanmar in 2022:
- Thailand (1324.6 tons)
- United States (1169.9 tons)
- China (403.7 tons)
- Hong Kong SAR (389.7 tons)
- Australia (361.6 tons)
- Taiwan (Chinese) (354.6 tons)
- South Korea (165.0 tons)
- Japan (103.8 tons)
Imports of Frozen Crab and Crab Meat in Myanmar
In 2022, purchases abroad of frozen crabs and crabs meat was finally on the rise to reach 15 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a sharp shrinkage.
In value terms, frozen crab and crab meat imports soared to $164K in 2022. In general, imports, however, showed a sharp setback.
| Import of Frozen Crab and Crab Meat in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 344 | 170 | 34.8 | 101 | -33.5% |
| United States | 22.9 | 42.5 | 11.2 | 42.4 | 22.8% |
| Australia | 42.8 | 23.9 | 5.5 | 15.8 | -28.3% |
| Singapore | 46.6 | 36.1 | 3.1 | 4.7 | -53.5% |
| Thailand | 2.9 | 0.5 | 0.2 | 0.6 | -40.9% |
| Others | 2.4 | N/A | N/A | N/A | 0% |
| Total | 461 | 273 | 54.8 | 164 | -29.1% |
Top Suppliers of Frozen Crab and Crab Meat to Myanmar in 2022:
- Japan (10.9 tons)
- United States (2.0 tons)
- Australia (1.3 tons)
- Thailand (0.4 tons)
- Singapore (0.2 tons)
This report provides an in-depth analysis of the market for frozen crab and crab meat 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:
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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