Report Update Nov 1, 2024

Myanmar - Caramel - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Caramel Market 2022

Caramel Market Size in Myanmar

The Myanmar's caramel market reduced remarkably to $X in 2020, waning by -X% against the previous year. Over the period under review, consumption continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2013 when the market value increased by X% y-o-y. Caramel consumption peaked at $X in 2008; however, from 2009 to 2020, consumption remained at a lower figure.

Caramel Production in Myanmar

In value terms, caramel production fell to $X in 2020 estimated in export prices. Overall, production showed a slight shrinkage. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Caramel production peaked at $X in 2008; however, from 2009 to 2020, production failed to regain the momentum.

Caramel Exports

Exports from Myanmar

For the third year in a row, Myanmar recorded growth in overseas shipments of caramel, which increased by X% to X tons in 2020. In general, exports posted a significant increase. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. Over the period under review, exports hit record highs in 2020 and are expected to retain growth in the immediate term.

In value terms, caramel exports skyrocketed to $X in 2020. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2009 with an increase of X% against the previous year. Exports peaked in 2020 and are expected to retain growth in the immediate term.

Exports by Country

China (X tons) was the main destination for caramel exports from Myanmar, accounting for a X% share of total exports. Moreover, caramel exports to China exceeded the volume sent to the second major destination, Indonesia (X tons), twofold.

From 2007 to 2020, the average annual rate of growth in terms of volume to China amounted to +X%.

In value terms, China ($X) remains the key foreign market for caramel exports from Myanmar, comprising X% of total exports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to China stood at +X%.

Export Prices by Country

In 2020, the average caramel export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price enjoyed strong growth. The pace of growth appeared the most rapid in 2008 an increase of X% year-to-year. Over the period under review, average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2020, export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2020, the country with the highest price was Indonesia ($X per ton), while the average price for exports to China stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China.

Caramel Imports

Imports into Myanmar

In 2020, overseas purchases of caramel increased by X% to X tons, rising for the third year in a row after two years of decline. In general, imports showed a prominent increase. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Imports peaked in 2020 and are likely to see gradual growth in the near future.

In value terms, caramel imports soared to $X in 2020. Overall, imports enjoyed measured growth. The most prominent rate of growth was recorded in 2019 when imports increased by X% year-to-year. Imports peaked at $X in 2015; however, from 2016 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X tons) was the main supplier of caramel to Myanmar, with a X% share of total imports. It was followed by the UK (X tons), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from China amounted to +X%.

In value terms, China ($X) constituted the largest supplier of caramel to Myanmar, comprising X% of total imports. The second position in the ranking was occupied by the UK ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from China totaled +X%.

Import Prices by Country

The average caramel import price stood at $X per ton in 2020, which is down by -X% against the previous year. Over the period under review, the import price recorded a deep setback. The growth pace was the most rapid in 2010 when the average import price increased by X% year-to-year. As a result, import price attained the peak level of $X per ton. from 2011 to 2020, the growth in terms of the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the UK ($X per ton), while the price for China stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for caramel in the world?

The country with the largest volume of caramel consumption was China, comprising approx. 31% of total volume. Moreover, caramel consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by the United States, with a 5.6% share.

What are the largest producers of caramel in the world?

The country with the largest volume of caramel production was China, comprising approx. 29% of total volume. Moreover, caramel production in China exceeded the figures recorded by the second-largest producer, Thailand, twofold. India ranked third in terms of total production with a 9.2% share.

What are the leading suppliers of caramel to Myanmar?

In value terms, China constituted the largest supplier of caramel to Myanmar, comprising 83% of total imports. The second position in the ranking was occupied by the UK, with a 4.4% share of total imports.

What are the leading importers of caramel from Myanmar?

In value terms, China remains the key foreign market for caramel exports from Myanmar, comprising 66% of total exports. The second position in the ranking was occupied by Indonesia, with a 33% share of total exports.

What is the average export price for caramel in Myanmar?

In 2020, the average caramel export price amounted to $868 per ton, surging by 32% against the previous year.

What is the average import price for caramel in Myanmar?

In 2020, the average caramel import price amounted to $497 per ton, reducing by -12.8% against the previous year.

This report provides an in-depth analysis of the caramel 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.

Product coverage:

Prodcom 10891910 - Caramel

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023