Latest Report Update: Mar 21, 2021

Myanmar - Meat - Market Analysis, Forecast, Size, Trends and Insights
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Myanmar: Meat Market Overview 2021

Meat Market Size in Myanmar

The Myanmar's meat market expanded to $X in 2019, surging by X% against the previous year. Overall, consumption showed a prominent increase. The most prominent rate of growth was recorded in 2018 when the market value increased by X% y-o-y. Over the period under review, the market attained the maximum level in 2019 and is likely to see steady growth in the near future.

Meat Production in Myanmar

In value terms, meat production dropped to $X in 2019 estimated in export prices. In general, production enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2009 when the production volume increased by X% year-to-year. Over the period under review, production reached the maximum level at $X in 2018, and then dropped in the following year.

The average yield of meat in Myanmar totaled X kg per head in 2019, surging by X% compared with the previous year. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. The meat yield peaked at X kg per head in 2013; however, from 2014 to 2019, the yield remained at a lower figure.

The number of animals slaughtered for meat production in Myanmar expanded sharply to X heads in 2019, picking up by X% on the previous year. Overall, the number of producing animals enjoyed a strong expansion. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, this number hit record highs in 2019 and is likely to see steady growth in years to come.

Meat Exports

Exports from Myanmar

In 2019, exports of meat from Myanmar soared to X tonnes, jumping by X% on 2018 figures. Overall, exports continue to indicate strong growth. Over the period under review, exports attained the maximum at X tonnes in 2017; however, from 2018 to 2019, exports remained at a lower figure.

In value terms, meat exports soared to $X in 2019. In general, exports continue to indicate a significant expansion. Over the period under review, exports hit record highs at $X in 2017; however, from 2018 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Hong Kong SAR (X tonnes) was the main destination for meat exports from Myanmar, with a approx. X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to Hong Kong SAR was relatively modest.

From 2007 to 2019, the average annual rate of growth in terms of value to Hong Kong SAR was relatively modest.

Export Prices by Country

In 2019, the average meat export price amounted to $X per tonne, rising by X% against the previous year. Overall, the export price showed a buoyant increase. The pace of growth appeared the most rapid in 2011 an increase of X% y-o-y. Over the period under review, average export prices hit record highs at $X per tonne in 2013; however, from 2014 to 2019, export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.

From 2007 to 2019, the rate of growth in terms of prices for Hong Kong SAR amounted to X% per year.

Meat Imports

Imports into Myanmar

Meat imports into Myanmar surged to X tonnes in 2019, picking up by X% compared with 2018. Overall, imports posted a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, meat imports surged to $X in 2019. Over the period under review, imports continue to indicate a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2019, India (X tonnes) constituted the largest meat supplier to Myanmar, with a X% share of total imports. Moreover, meat imports from India exceeded the figures recorded by the second-largest supplier, Australia (X tonnes), ninefold. Thailand (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from India totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+X% per year) and Thailand (-X% per year).

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

From 2007 to 2019, the average annual rate of growth in terms of value from India stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+X% per year) and Thailand (-X% per year).

Import Prices by Country

The average meat import price stood at $X per tonne in 2019, declining by -X% against the previous year. In general, the import price, however, saw measured growth. The pace of growth was the most pronounced in 2010 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per tonne in 2015; however, from 2016 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Australia ($X per tonne), while the price for India ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Thailand, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for meat in the world?
+
China (71M tonnes) remains the largest meat consuming country worldwide, comprising approx. 33% of total volume. Moreover, meat consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (23M tonnes), threefold. The third position in this ranking was occupied by Brazil (12M tonnes), with a 5.4% share.
What are the largest producers of meat in the world?
+
China (68M tonnes) constituted the country with the largest volume of meat production, comprising approx. 31% of total volume. Moreover, meat production in China exceeded the figures recorded by the second-largest producer, the U.S. (25M tonnes), threefold. Brazil (14M tonnes) ranked third in terms of total production with a 6.4% share.
What are the leading suppliers of meat to Myanmar?
+
In value terms, India ($4.3M) constituted the largest supplier of meat to Myanmar, comprising 62% of total imports. The second position in the ranking was occupied by Australia ($1.4M), with a 20% share of total imports. It was followed by Thailand, with a 5% share.
What is the average export price for meat in Myanmar?
+
The average meat export price stood at $4,957 per tonne in 2019, rising by 48% against the previous year.
What is the average import price for meat in Myanmar?
+
The average meat import price stood at $2,550 per tonne in 2019, shrinking by -23.4% against the previous year.

Product coverage:
• FCL 1108 - Meat of asses
• FCL 947 - Buffalo meat
• FCL 1127 - Meat of camels
• FCL 867 - Meat of cattle
• FCL 870 - Meat of cattle, boneless
• FCL 1017 - Goat meat
• FCL 1097 - Horse meat
• FCL 1111 - Meat of mules
• FCL 1158 - Meat of other domestic camelids
• FCL 1151 - Meat of other domestic rodents
• FCL 1035 - Pig meat
• FCL 1141 - Rabbit meat
• FCL 977 - Meat of sheep

This report provides an in-depth analysis of the meat 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Producing Animals Slaughtered, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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