Report Update Apr 1, 2024

Myanmar - Beef (Cattle Meat) - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Beef Market 2024

Beef Market Size in Myanmar

The Myanmar's beef market rose markedly to $X in 2022, growing by X% against the previous year. Over the period under review, consumption continues to indicate a abrupt decline. Beef consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Beef Production in Myanmar

In value terms, beef production surged to $X in 2022 estimated in export price. In general, production recorded a abrupt slump. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. Beef production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

The average yield of beef (cattle meat) in Myanmar shrank sharply to X kg per head in 2022, falling by X% compared with 2021 figures. In general, the yield showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the average beef yield attained the maximum level at X kg per head in 2016; however, from 2017 to 2022, the yield failed to regain momentum.

In 2022, number of animals slaughtered for beef production in Myanmar surged to X heads, jumping by X% on 2021 figures. In general, the number of producing animals, however, showed a mild downturn. The number of animals slaughtered for beef production peaked at X heads in 2020; however, from 2021 to 2022, producing animals failed to regain momentum.

Beef Exports

Exports from Myanmar

In 2022, shipments abroad of beef (cattle meat) decreased by X% to X tons, falling for the fourth consecutive year after five years of growth. Over the period under review, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, beef exports stood at $X in 2022. Overall, exports faced a deep downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Hong Kong SAR (X tons) was the main destination for beef exports from Myanmar, with a X% share of total exports. Moreover, beef exports to Hong Kong SAR exceeded the volume sent to the second major destination, China (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Hong Kong SAR totaled X%.

From 2012 to 2022, the average annual rate of growth in terms of value to China amounted to X%.

Export Prices by Country

In 2022, the average beef export price amounted to $X per ton, flattening at the previous year. Over the period under review, the export price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Hong Kong SAR stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%).

Beef Imports

Imports into Myanmar

In 2022, purchases abroad of beef (cattle meat) decreased by X% to X tons, falling for the third consecutive year after two years of growth. Overall, imports continue to indicate a dramatic contraction. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, beef imports surged to $X in 2022. In general, imports showed a dramatic setback. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Australia (X tons) constituted the largest beef supplier to Myanmar, with a X% share of total imports. Moreover, beef imports from Australia exceeded the figures recorded by the second-largest supplier, India (X tons), sixfold.

From 2012 to 2022, the average annual growth rate of volume from Australia totaled X%.

In value terms, Australia ($X) constituted the largest supplier of beef (cattle meat) to Myanmar, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Australia amounted to X%.

Import Prices by Country

The average beef import price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price posted a resilient expansion. Over the period under review, average import prices reached the maximum at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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 Australia ($X per ton), while the price for India stood at $X per ton.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for beef (cattle meat) in the world?

The countries with the highest volumes of consumption in 2023 were the United States, China and Brazil, together accounting for 40% of global consumption. India, Argentina, Pakistan, Mexico, Russia, France, Turkey, Australia and Germany lagged somewhat behind, together comprising a further 24%.

What are the largest producers of beef (cattle meat) in the world?

The countries with the highest volumes of production in 2022 were the United States, Brazil and China, with a combined 39% share of global production. India, Argentina, Pakistan, Australia, Mexico, Russia, France, Turkey and Canada lagged somewhat behind, together comprising a further 28%.

What are the leading suppliers of beef (cattle meat) to Myanmar?

In value terms, Australia constituted the largest supplier of beef cattle meat) to Myanmar, comprising 96% of total imports. The second position in the ranking was taken by India, with a 4.1% share of total imports.

What is the average export price for beef (cattle meat) in Myanmar?

In 2022, the average beef export price amounted to $1,691 per ton, approximately mirroring the previous year.

What is the average import price for beef (cattle meat) in Myanmar?

In 2022, the average beef import price amounted to $9,013 per ton, jumping by 205% against the previous year.

This report provides an in-depth analysis of the beef 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 947 - Buffalo meat
FCL 867 - Meat of cattle

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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