
Myanmar - Tilapias - Market Analysis, Forecast, Size, Trends and Insights
Myanmar: Tilapias Market 2022
Tilapias Market Size in Myanmar
The Myanmar's tilapias market expanded notably to $X in 2021, growing by X% against the previous year. Over the period under review, consumption recorded a mild downturn. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.
Tilapias Production in Myanmar
In value terms, tilapias production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.
Tilapias Exports
Exports from Myanmar
Tilapias exports from Myanmar soared to X tons in 2021, with an increase of X% on the year before. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.
In value terms, tilapias exports dropped to $X in 2021. Over the period under review, exports saw a buoyant increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.
Exports by Country
The United Arab Emirates (X tons), Saudi Arabia (X tons) and South Korea (X tons) were the main destinations of tilapias exports from Myanmar, together comprising X% of total exports.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Korea (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.
In value terms, the United Arab Emirates ($X), South Korea ($X) and Saudi Arabia ($X) appeared to be the largest markets for tilapias exported from Myanmar worldwide, together accounting for X% of total exports. Bahrain, Qatar, South Africa and Singapore lagged somewhat behind, together accounting for a further X terms of the main countries of destination, Bahrain, with a CAGR of +X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2021, the average tilapias export price amounted to $X per ton, shrinking by -X% against the previous year. In general, the export price showed a deep contraction. The growth pace was the most rapid in 2015 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the the average export prices failed to regain momentum.
Prices varied noticeably country of destination: the country with the highest price was Bahrain ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+X%), while the prices for the other major destinations experienced a decline.
Tilapias Imports
Imports into Myanmar
In 2021, supplies from abroad of tilapias increased by X% to X tons for the first time since 2017, thus ending a three-year declining trend. Overall, total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, tilapias imports surged to $X in 2021. In general, imports posted buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2021, Thailand (X tons) was the main supplier of tilapias to Myanmar, with a approx. X% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from Thailand totaled +X%.
In value terms, Thailand ($X) constituted the largest supplier of tilapias to Myanmar.
From 2012 to 2021, the average annual rate of growth in terms of value from Thailand stood at +X%.
Import Prices by Country
In 2021, the average tilapias import price amounted to $X per ton, falling by -X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2020 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton, and then contracted slightly in the following year.
As there is only one major supplying country, the average price level is determined by prices for Thailand.
From 2012 to 2021, the rate of growth in terms of prices for Thailand amounted to +X% per year.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the tilapias 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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