Report Update Apr 1, 2024

Myanmar - Coconut - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Coconut Market 2024

Coconut Market Size in Myanmar

The Myanmar's coconut market totaled $X in 2022, leveling off at the previous year. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Coconut Production in Myanmar

In value terms, coconut production soared to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a deep reduction. The growth pace was the most rapid in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

The average yield of coconuts in Myanmar dropped slightly to X tons per ha in 2022, reducing by X% compared with the previous year. In general, the yield, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, the yield attained the peak level of X tons per ha. From 2019 to 2022, the growth of the average coconut yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The coconut harvested area in Myanmar stood at X ha in 2022, increasing by X% on the previous year's figure. Over the period under review, the harvested area, however, continues to indicate a relatively flat trend pattern. The coconut harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area failed to regain momentum.

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Coconut Exports

Exports from Myanmar

In 2022, shipments abroad of coconuts increased by X% to X tons, rising for the third year in a row after two years of decline. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2014 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, coconut exports surged to $X in 2022. In general, exports showed significant growth. The growth pace was the most rapid in 2014 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Bangladesh (X tons) was the main destination for coconut exports from Myanmar, accounting for a X% share of total exports. Moreover, coconut exports to Bangladesh exceeded the volume sent to the second major destination, India (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Bangladesh amounted to X%.

In value terms, Bangladesh ($X) emerged as the key foreign market for coconuts exports from Myanmar, comprising X% of total exports. The second position in the ranking was taken by India ($X), with a X% share of total exports.

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

Export Prices by Country

The average coconut export price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the export price, however, recorded a slight curtailment. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($X per ton), while the average price for exports to India amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Coconut Imports

Imports into Myanmar

In 2022, approx. X tons of coconuts were imported into Myanmar; growing by X% against the year before. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, coconut imports skyrocketed to $X in 2022. Overall, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Thailand (X tons) was the main coconut supplier to Myanmar, with a approx. X% share of total imports.

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

In value terms, Thailand ($X) constituted the largest supplier of coconuts to Myanmar.

From 2012 to 2022, the average annual growth rate of value from Thailand stood at X%.

Import Prices by Country

The average coconut import price stood at $X per ton in 2022, surging by X% against the previous year. Overall, the import price, however, saw a deep setback. The pace of growth was the most pronounced in 2017 when the average import price increased by X%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 India amounted to X% per year.

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Frequently Asked Questions (FAQ) :

What are the largest markets for coconuts in the world?

The countries with the highest volumes of consumption in 2023 were Indonesia, the Philippines and India, together accounting for 71% of global consumption. Brazil, Sri Lanka, Papua New Guinea, Vietnam, China, Myanmar and Mexico lagged somewhat behind, together accounting for a further 19%.

What are the largest producers of coconuts in the world?

The countries with the highest volumes of production in 2022 were Indonesia, the Philippines and India, with a combined 72% share of global production. Brazil, Sri Lanka, Papua New Guinea, Vietnam, Myanmar and Mexico lagged somewhat behind, together accounting for a further 17%.

What are the leading suppliers of coconuts to Myanmar?

In value terms, Thailand constituted the largest supplier of coconuts to Myanmar.

What are the leading importers of coconuts from Myanmar?

In value terms, Bangladesh emerged as the key foreign market for coconuts exports from Myanmar, comprising 98% of total exports. The second position in the ranking was held by India, with a 1.7% share of total exports.

What is the average export price for coconuts in Myanmar?

In 2022, the average coconut export price amounted to $509 per ton, growing by 106% against the previous year.

What is the average import price for coconuts in Myanmar?

In 2022, the average coconut import price amounted to $571 per ton, picking up by 4.9% against the previous year.

This report provides an in-depth analysis of the coconut 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 249 - Coconuts

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, HARVESTED AREA 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. Area Harvested, 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