Price for Poultry; Live, Guinea Fowls, Weighing Not More than 185g in Myanmar - 2022

Contents:

1. Price for Poultry; Live, Guinea Fowls, Weighing Not More than 185g in Myanmar (CIF) - 2022
2. Imports of Poultry; Live, Guinea Fowls, Weighing Not More than 185g in Myanmar

Price for Poultry; Live, Guinea Fowls, Weighing Not More than 185g in Myanmar (CIF) - 2022

The average import price for poultry; live, guinea fowls, weighing not more than 185g meat stood at $0.5 per unit in 2022, picking up by 11% against the previous year. In general, the import price continues to indicate strong growth. The most prominent rate of growth was recorded in 2018 an increase of 52%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Thailand.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +11.9% per year.

Imports of Poultry; Live, Guinea Fowls, Weighing Not More than 185g in Myanmar

In 2022, the amount of poultry; live, guinea fowls, weighing not more than 185g meat imported into Myanmar expanded markedly to 2.1M units, surging by 8.2% on 2021 figures. The total import volume increased at an average annual rate of +8.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of poultry; live, guinea fowls, weighing not more than 185g meat surged to $971K in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 20% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Poultry; Live, Guinea Fowls, Weighing Not More than 185g to Myanmar in 2022:

1. Thailand (2.1M units)

Source: IndexBox Market Intelligence Platform