Myanmar: Beef Market 2025

Beef Market Size in Myanmar

The Myanmar's beef market fell to $X in 2021, which is down by -11.1% against the previous year. Over the period under review, consumption, however, showed a abrupt descent. Beef consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Beef Production in Myanmar

In value terms, beef production contracted sharply to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 101%. Beef production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

The average yield of beef (cattle meat) in Myanmar surged to X kg per head in 2021, picking up by 226% on 2020 figures. In general, the yield continues to indicate a relatively flat trend pattern. The beef yield peaked at X kg per head in 2016; however, from 2017 to 2021, the yield failed to regain momentum.

The number of animals slaughtered for beef production in Myanmar contracted remarkably to X heads in 2021, reducing by -68.9% against the previous year's figure. Overall, the number of producing animals showed a deep slump. The pace of growth was the most pronounced in 2015 when the number of producing animals increased by 11% against the previous year. Over the period under review, this number reached the peak level at X heads in 2020, and then shrank rapidly in the following year.

Beef Exports

Exports from Myanmar

In 2021, overseas shipments of beef (cattle meat) decreased by -87.6% to X tons, falling for the third consecutive year after seven years of growth. Overall, exports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2017 when exports increased by 366%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, beef exports reduced rapidly to $X in 2021. In general, exports faced a dramatic decrease. The pace of growth appeared the most rapid in 2018 with an increase of 313%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for beef exports from Myanmar, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to China totaled -24.1%.

In value terms, China ($X) also remains the key foreign market for beef (cattle meat) exports from Myanmar.

From 2012 to 2021, the average annual growth rate of value to China stood at -30.9%.

Export Prices by Country

The average beef export price stood at $X per ton in 2021, declining by -45.1% against the previous year. Overall, the export price showed a abrupt setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 246% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -9.0% per year.

Beef Imports

Imports into Myanmar

In 2021, supplies from abroad of beef (cattle meat) decreased by -81.7% to X tons, falling for the second year in a row after two years of growth. In general, imports faced a precipitous decline. The most prominent rate of growth was recorded in 2019 when imports increased by 1,149% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, beef imports dropped rapidly to $X in 2021. Overall, imports showed a dramatic slump. The growth pace was the most rapid in 2019 when imports increased by 701% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Nepal (X tons) constituted the largest supplier of beef to Myanmar, with a 38% share of total imports. Moreover, beef imports from Nepal exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X tons), twofold. The third position in this ranking was taken by New Zealand (X tons), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Nepal stood at -23.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (-16.3% per year) and New Zealand (+9.6% per year).

In value terms, Hong Kong SAR ($X), Australia ($X) and the United States ($X) appeared to be the largest beef suppliers to Myanmar, together accounting for 53% of total imports. These countries were followed by Brazil, New Zealand, Nepal and India, which together accounted for a further 41%.

Brazil, with a CAGR of +45.8%, saw the highest rates of growth with regard to 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

In 2021, the average beef import price amounted to $X per ton, rising by 21% against the previous year. In general, the import price, however, recorded a perceptible curtailment. The pace of growth was the most pronounced in 2016 when the average import price increased by 28%. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Nepal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (-1.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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