Myanmar - Frozen, Dried And Smoked Fish - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Myanmar - Frozen, Dried And Smoked Fish - Market Analysis, Forecast, Size, Trends and Insights

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Price for Frozen, Dried and Smoked Fish in Myanmar - 2022

Contents:

  1. Price for Frozen, Dried and Smoked Fish in Myanmar (FOB) - 2022
  2. Price for Frozen, Dried and Smoked Fish in Myanmar (CIF) - 2022
  3. Exports of Frozen, Dried and Smoked Fish in Myanmar
  4. Imports of Frozen, Dried and Smoked Fish in Myanmar

Price for Frozen, Dried and Smoked Fish in Myanmar (FOB) - 2022

The average export price for frozen, dried and smoked fish stood at $1,880 per ton in 2022, falling by -5.3% against the previous year. Overall, the export price continues to indicate a deep slump. The pace of growth was the most pronounced in 2013 an increase of 27%. As a result, the export price reached the peak level of $11,860 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($5,936 per ton), while the average price for exports to Saudi Arabia ($937 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 Japan (-2.9%), while the prices for the other major destinations experienced a decline.

Price for Frozen, Dried and Smoked Fish in Myanmar (CIF) - 2022

The average import price for frozen, dried and smoked fish stood at $5,854 per ton in 2022, surging by 24% against the previous year. Overall, the import price, however, showed a deep setback. The most prominent rate of growth was recorded in 2016 an increase of 74% against the previous year. Over the period under review, average import prices attained the maximum at $12,066 per ton in 2012; however, from 2013 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 Turkey ($7,561 per ton), while the price for Yemen ($1,346 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Frozen, Dried and Smoked Fish in Myanmar

In 2022, shipments abroad of frozen, dried and smoked fish decreased by -12.4% to 185K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 17%.

In value terms, frozen, dried and smoked fish exports declined rapidly to $349M in 2022. Over the period under review, exports recorded a mild shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 27% against the previous year. As a result, the exports reached the peak of $455M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Frozen, Dried and Smoked Fish in Myanmar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China94.611476.067.8-10.5%
Thailand71.514386.344.8-14.4%
Japan37.632.029.535.9-1.5%
Saudi Arabia16.228.047.331.324.5%
Singapore22.316.822.825.85.0%
United States23.724.124.620.1-5.3%
Malaysia16.117.022.017.12.0%
United Arab Emirates12.211.810.016.09.5%
United Kingdom11.813.617.211.2-1.7%
Bangladesh1.42.110.46.970.2%
Qatar1.92.58.26.349.1%
Oman1.73.03.94.942.3%
Kuwait0.80.94.94.071.0%
Others47.546.556.956.35.8%
Total359455420349-0.9%

Top Export Markets for Frozen, Dried and Smoked Fish from Myanmar in 2022:

  1. Saudi Arabia (33.4K tons)
  2. China (32.6K tons)
  3. Thailand (23.5K tons)
  4. Singapore (21.8K tons)
  5. United Arab Emirates (14.8K tons)
  6. Malaysia (6.0K tons)
  7. Japan (6.0K tons)
  8. United States (5.6K tons)
  9. Qatar (5.4K tons)
  10. United Kingdom (4.9K tons)
  11. Oman (4.6K tons)
  12. Kuwait (3.7K tons)
  13. Bangladesh (3.3K tons)

Imports of Frozen, Dried and Smoked Fish in Myanmar

Frozen, dried and smoked fish imports into Myanmar soared to 2.5K tons in 2022, increasing by 182% against the previous year. In general, imports continue to indicate a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, frozen, dried and smoked fish imports soared to $15M in 2022. Overall, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Frozen, Dried and Smoked Fish in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway3,2884,0432,6799,41842.0%
TurkeyN/AN/AN/A1,8820%
Thailand37942349677827.1%
Argentina546796358474-4.6%
Oman28.233457.4334127.9%
New Zealand2542961403106.9%
YemenN/A293N/A174-22.9%
Vietnam1511641141520.2%
Uganda333121N/AN/A-63.7%
Pakistan58.710453.9N/A-4.2%
Others2,5272,7092461,006-26.4%
Total7,5669,2834,14514,52724.3%

Top Suppliers of Frozen, Dried and Smoked Fish to Myanmar in 2022:

  1. Norway (1308.2 tons)
  2. Turkey (249.0 tons)
  3. Argentina (168.6 tons)
  4. Oman (131.4 tons)
  5. Yemen (129.3 tons)
  6. Thailand (103.3 tons)
  7. New Zealand (85.1 tons)
  8. Vietnam (77.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for frozen, dried and smoked fish 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 10201330 - Frozen whole salt water fish
  • Prodcom 10201360 - Frozen whole fresh water fish
  • Prodcom 10201400 - Frozen fish fillets
  • Prodcom 10201500 - Frozen fish meat without bones (excluding fillets)
  • Prodcom 10201600 - Frozen fish livers and roes
  • Prodcom 10203100 - Frozen crustaceans, frozen flours, meals and pellets of crustaceans, fit for human consumption
  • Prodcom 10202100 - Fish fillets, dried, salted or in brine, but not smoked
  • Prodcom 10202350 - Dried fish, whether or not salted, fish, salted but not dried, fish in brine (excluding fillets, smoked, heads, tails and maws)
  • Prodcom 10202425 - Smoked Pacific, Atlantic and Danube salmon (including fillets, e xcluding heads, tails and maws)
  • Prodcom 10202455 - Smoked herrings (including fillets, excluding heads, tails and maws)
  • Prodcom 10202485 - Smoked fish (excluding herrings, Pacific, Atlantic and Danube salmon), including fillets, excluding head, tails and maws
  • Prodcom 10202200 - Flours, meals and pellets of fish, fit for human consumption, f ish livers and roes, dried, smoked, salted or in brine

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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