Myanmar - Vanilla - Market Analysis, Forecast, Size, Trends and Insights
Myanmar: Vanilla Market Overview 2019
Vanilla Market Size in Myanmar
The revenue of the vanilla market in Myanmar amounted to $X in 2017, approximately equating the previous year. In general, vanilla consumption continues to indicate a relatively flat trend pattern. Over the period under review, the vanilla market attained its peak figure level in 2017, and is expected to retain its growth in the near future.
Vanilla Production in Myanmar
In 2017, production of vanilla in Myanmar stood at X kg, remaining stable against the previous year. Overall, vanilla production continues to indicate a relatively flat trend pattern.
Imports by Country
In 2017, Austria (X tonnes) constituted the largest supplier of vanilla to Myanmar, with a X% share of total imports. Moreover, vanilla imports from Austria exceeded the figures recorded by the second largest supplier, Thailand (X tonnes), threefold. South Korea (X tonnes) ranked third in terms of total imports with a X% share.
From 2007 to 2017, the average annual growth rate of volume from Austria was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and South Korea (X% per year).
In value terms, Austria ($X), South Korea ($X) and Thailand ($X) appeared to be the largest vanilla suppliers to Myanmar, with a combined X% share of total imports.
In terms of the main suppliers, Austria (X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2017, the average vanilla import price amounted to $X per kg, approximately equating the previous year. Overall, vanilla import price continues to indicate a relatively flat trend pattern. Over the period under review, the average import prices for vanilla attained its peak figure level in 2017, and is expected to retain its growth in the near future.
Import prices varied noticeably by the country of origin; the country with the highest import price was China ($X per kg), while price for Austria ($X per kg) was amongst the lowest.
From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Austria (X% per year), the import prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the vanilla 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.
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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