Myanmar: Market for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades 2024

Market Size for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in Myanmar

The Myanmar's homogenised jam and marmalade market reduced to $X in 2022, dropping by X% against the previous year. Overall, consumption recorded a abrupt contraction. Homogenised jam and marmalade consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in Myanmar

In value terms, homogenised jam and marmalade production shrank remarkably to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

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Exports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Exports from Myanmar

In 2022, shipments abroad of homogenised preparations of jams, fruit jellies and marmalades decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, homogenised jam and marmalade exports reduced dramatically to $X in 2022. In general, exports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Malaysia (X tons) was the main destination for homogenised jam and marmalade exports from Myanmar, with a X% share of total exports. It was followed by Australia (X kg), with a X% share of total exports.

From 2017 to 2022, the average annual rate of growth in terms of volume to Malaysia amounted to X%.

In value terms, Malaysia ($X) remains the key foreign market for homogenised preparations of jams, fruit jellies and marmalades exports from Myanmar, comprising X% of total exports. The second position in the ranking was held by Australia ($X), with a X% share of total exports.

From 2017 to 2022, the average annual rate of growth in terms of value to Malaysia amounted to X%.

Export Prices by Country

The average homogenised jam and marmalade export price stood at $X per ton in 2022, declining by X% against the previous year. Overall, the export price faced a precipitous curtailment. The pace of growth appeared the most rapid in 2020 when the average export price decreased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a 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 Australia ($X per ton), while the average price for exports to Malaysia totaled $X per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced a decline.

Imports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Imports into Myanmar

In 2022, supplies from abroad of homogenised preparations of jams, fruit jellies and marmalades increased by X% to X tons, rising for the fifth year in a row after two years of decline. Over the period under review, imports showed strong growth. The pace of growth was the most pronounced in 2015 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, homogenised jam and marmalade imports expanded markedly to $X in 2022. In general, imports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2019 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Malaysia (X tons) constituted the largest supplier of homogenised jam and marmalade to Myanmar, with a X% share of total imports. Moreover, homogenised jam and marmalade imports from Malaysia exceeded the figures recorded by the second-largest supplier, Turkey (X tons), sevenfold. The third position in this ranking was taken by Singapore (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Malaysia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Singapore (X% per year).

In value terms, Malaysia ($X), Turkey ($X) and Singapore ($X) appeared to be the largest homogenised jam and marmalade suppliers to Myanmar, together comprising X% of total imports.

Singapore, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average homogenised jam and marmalade import price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, homogenised jam and marmalade import price decreased by X% against 2019 indices. The growth pace was the most rapid in 2019 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average 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 Thailand ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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