Myanmar: Market for Smoked Fish Other than Salmon and Herring 2022

Market Size for Smoked Fish Other than Salmon and Herring in Myanmar

The Myanmar's market for smoked fish other than salmon and herring shrank to $X in 2021, remaining relatively unchanged against the previous year. In general, consumption, however, saw a mild curtailment. Consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Production of Smoked Fish Other than Salmon and Herring in Myanmar

In value terms, production of smoked fish other than salmon and herring reduced modestly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Exports of Smoked Fish Other than Salmon and Herring

Exports from Myanmar

In 2021, approx. X tons of smoked fish other than salmon and herring were exported from Myanmar; picking up by X% against the previous year's figure. Over the period under review, exports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, exports of smoked fish other than salmon and herring skyrocketed to $X in 2021. Overall, exports, however, showed a abrupt decline. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Singapore (X tons) was the main destination for exports of smoked fish other than salmon and herring from Myanmar, with a X% share of total exports. Moreover, exports of smoked fish other than salmon and herring to Singapore exceeded the volume sent to the second major destination, Saudi Arabia (X tons), more than tenfold.

From 2012 to 2020, the average annual rate of growth in terms of volume to Singapore 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, Singapore ($X) emerged as the key foreign market for smoked fish other than salmon and herring exports from Myanmar, comprising X% of total exports. The second position in the ranking was held by Thailand ($X), with a X% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of value to Singapore stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+X% per year) and Saudi Arabia (-X% per year).

Export Prices by Country

The average export price for smoked fish other than salmon and herring stood at $X per ton in 2020, rising by X% against the previous year. In general, the export price, however, recorded a abrupt contraction. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2020, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Thailand ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Smoked Fish Other than Salmon and Herring

Imports into Myanmar

For the fourth consecutive year, Myanmar recorded decline in supplies from abroad of smoked fish other than salmon and herring, which decreased by -X% to X tons in 2021. Overall, imports, however, posted a prominent expansion. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of smoked fish other than salmon and herring skyrocketed to $X in 2021. In general, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2017 when imports increased by X%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2020, Japan (X kg) constituted the largest smoked fish other than salmon and herring supplier to Myanmar, with a approx. X% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of volume from Japan was relatively modest.

In value terms, Japan ($X) constituted the largest supplier of smoked fish other than salmon and herring to Myanmar.

From 2012 to 2020, the average annual rate of growth in terms of value from Japan was relatively modest.

Import Prices by Country

The average import price for smoked fish other than salmon and herring stood at $X per ton in 2020, rising by X% against the previous year. Overall, the import price posted a significant increase. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, average import prices hit record highs in 2020 and is likely to see gradual growth in the near future.

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

From 2012 to 2020, the rate of growth in terms of prices for Japan amounted to X% per year.

Source: IndexBox Platform