Report Update Apr 1, 2024

Myanmar - Fresh or Chilled Anchovies - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Market for Fresh Or Chilled Anchovies 2024

Market Size for Fresh Or Chilled Anchovies in Myanmar

The Myanmar's fresh or chilled anchovies market dropped sharply to $X in 2022, reducing by X% against the previous year. Overall, consumption saw a abrupt contraction. As a result, consumption reached the peak level of $X, and then fell dramatically in the following year.

Production of Fresh Or Chilled Anchovies in Myanmar

In value terms, fresh or chilled anchovies production totaled $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the production volume decreased by X% against the previous year. Fresh or chilled anchovies production peaked in 2022 and is likely to see gradual growth in years to come.

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Exports of Fresh Or Chilled Anchovies

Exports from Myanmar

In 2022, fresh or chilled anchovies exports from Myanmar soared to X tons, rising by X% against the previous year's figure. In general, exports saw a significant expansion. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, fresh or chilled anchovies exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a prominent expansion. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bangladesh (X tons) was the main destination for fresh or chilled anchovies exports from Myanmar, with a X% share of total exports. Moreover, fresh or chilled anchovies exports to Bangladesh exceeded the volume sent to the second major destination, Saudi Arabia (X tons), fourfold. Thailand (X tons) ranked third in terms of total exports with an X% share.

From 2018 to 2022, the average annual growth rate of volume to Bangladesh amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Thailand (X% per year).

In value terms, Bangladesh ($X) remains the key foreign market for fresh or chilled anchovieses exports from Myanmar, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

From 2018 to 2022, the average annual growth rate of value to Bangladesh stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2022, the average fresh or chilled anchovies export price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the export price recorded a drastic downturn. The growth pace was the most rapid in 2021 when the average export price increased by X%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fresh Or Chilled Anchovies

Imports into Myanmar

In 2018, fresh or chilled anchovies imports into Myanmar contracted to X kg, with a decrease of X% against 2017. Over the period under review, imports showed a abrupt setback. Over the period under review, imports reached the maximum at X kg in 2017, and then shrank in the following year.

In value terms, fresh or chilled anchovies imports declined to $X in 2018. Overall, imports continue to indicate a abrupt decrease. Over the period under review, imports reached the maximum at $X in 2017, and then contracted in the following year.

Imports by Country

In 2018, France (X kg) was the main fresh or chilled anchovies supplier to Myanmar, accounting for a approx. X% share of total imports.

From 2017 to 2018, the average annual rate of growth in terms of volume from France totaled X%.

In value terms, France ($X) constituted the largest supplier of fresh or chilled anchovieses to Myanmar.

From 2017 to 2018, the average annual rate of growth in terms of value from France totaled X%.

Import Prices by Country

The average fresh or chilled anchovies import price stood at $X per ton in 2018, growing by X% against the previous year. Over the last one years, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2017 to 2018, the rate of growth in terms of prices for France amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fresh or chilled anchovies in the world?

Oman constituted the country with the largest volume of fresh or chilled anchovies consumption, comprising approx. 48% of total volume. Moreover, fresh or chilled anchovies consumption in Oman exceeded the figures recorded by the second-largest consumer, Ecuador, fourfold. Portugal ranked third in terms of total consumption with a 5.8% share.

What are the largest producers of fresh or chilled anchovies in the world?

Oman constituted the country with the largest volume of fresh or chilled anchovies production, accounting for 46% of total volume. Moreover, fresh or chilled anchovies production in Oman exceeded the figures recorded by the second-largest producer, Peru, threefold. Portugal ranked third in terms of total production with a 9.4% share.

What are the leading suppliers of fresh or chilled anchovies to Myanmar?

In value terms, France $62) constituted the largest supplier of fresh or chilled anchovieses to Myanmar.

What are the leading importers of fresh or chilled anchovies from Myanmar?

In value terms, Bangladesh remains the key foreign market for fresh or chilled anchovieses exports from Myanmar, comprising 60% of total exports. The second position in the ranking was taken by Saudi Arabia, with a 14% share of total exports. It was followed by Thailand, with a 10% share.

What is the average export price for fresh or chilled anchovies in Myanmar?

The average fresh or chilled anchovies export price stood at $1,723 per ton in 2022, declining by -21.4% against the previous year.

What is the average import price for fresh or chilled anchovies in Myanmar?

In 2018, the average fresh or chilled anchovies import price amounted to $10,333 per ton, growing by 3.3% against the previous year.

This report provides an in-depth analysis of the market for fresh or chilled anchovies 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.

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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
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. 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