Report Update Nov 1, 2024

Myanmar - Cheese and Curd - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Cheese And Curd Market 2024

Cheese And Curd Market Size in Myanmar

The Myanmar's cheese and curd market declined slightly to $X in 2022, remaining constant against the previous year. The market value increased at an average annual rate of +3.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Cheese And Curd Production in Myanmar

In value terms, cheese and curd production dropped to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2015 with an increase of 4,899%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Cheese And Curd Exports

Exports from Myanmar

In 2019, exports of cheese and curd from Myanmar totaled X tons, almost unchanged from 2018 figures. Over the period under review, exports posted a significant expansion. The smallest decline of 99.9% was in 2016. Over the period under review, the exports reached the peak figure in 2019 and are likely to continue growth in the near future.

In value terms, cheese and curd exports amounted to $X in 2019. Overall, exports enjoyed significant growth. The smallest decline of 99.9% was in 2016. The exports peaked in 2019 and are expected to retain growth in years to come.

Exports by Country

Japan (X tons) was the main destination for cheese and curd exports from Myanmar, accounting for a approx. 100% share of total exports.

From 2015 to 2019, the average annual rate of growth in terms of volume to Japan was relatively modest.

From 2015 to 2019, the average annual rate of growth in terms of value to Japan was relatively modest.

Export Prices by Country

In 2019, the average cheese and curd export price amounted to $X per ton, approximately equating the previous year. In general, the export price saw a precipitous shrinkage. The pace of growth appeared the most rapid in 2016 a decrease of 99.9%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2019, the export prices failed to regain momentum.

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

From 2015 to 2019, the rate of growth in terms of prices for Japan amounted to 0.0% per year.

Cheese And Curd Imports

Imports into Myanmar

In 2022, supplies from abroad of cheese and curd was finally on the rise to reach X tons after two years of decline. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 102% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, cheese and curd imports skyrocketed to $X in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 74% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, New Zealand (X tons) constituted the largest supplier of cheese and curd to Myanmar, with a 48% share of total imports. Moreover, cheese and curd imports from New Zealand exceeded the figures recorded by the second-largest supplier, Australia (X tons), twofold. Denmark (X tons) ranked third in terms of total imports with a 7.2% share.

From 2012 to 2022, the average annual growth rate of volume from New Zealand amounted to +44.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+15.6% per year) and Denmark (+28.8% per year).

In value terms, New Zealand ($X) constituted the largest supplier of cheese and curd to Myanmar, comprising 48% of total imports. The second position in the ranking was taken by Australia ($X), with an 18% share of total imports. It was followed by Thailand, with a 6.8% share.

From 2012 to 2022, the average annual growth rate of value from New Zealand stood at +42.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+11.4% per year) and Thailand (+39.8% per year).

Import Prices by Country

The average cheese and curd import price stood at $X per ton in 2022, flattening at the previous year. In general, the import price showed a slight downturn. The most prominent rate of growth was recorded in 2017 an increase of 52%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cheese and curd in the world?

The United States remains the largest cheese and curd consuming country worldwide, comprising approx. 25% of total volume. Moreover, cheese and curd consumption in the United States exceeded the figures recorded by the second-largest consumer, Germany, threefold. The third position in this ranking was occupied by France, with a 6.2% share.

What are the largest producers of cheese and curd in the world?

The United States constituted the country with the largest volume of cheese and curd production, accounting for 27% of total volume. Moreover, cheese and curd production in the United States exceeded the figures recorded by the second-largest producer, Germany, threefold. The third position in this ranking was occupied by France, with a 7.2% share.

What are the leading suppliers of cheese and curd to Myanmar?

In value terms, the largest cheese and curd suppliers to Myanmar were New Zealand, Thailand and Singapore, together accounting for 46% of total imports.

What is the average export price for cheese and curd in Myanmar?

In 2020, the average cheese and curd export price amounted to $3,333 per ton, shrinking by -47.7% against the previous year.

What is the average import price for cheese and curd in Myanmar?

The average cheese and curd import price stood at $4,492 per ton in 2021, dropping by -9.6% against the previous year.

This report provides an in-depth analysis of the cheese and curd 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.

Product coverage:

FCL 901 - Cheese from Whole Cow Milk
FCL 904 - Cheese from Skimmed Cow Milk
FCL 905 - Whey Cheese
FCL 907 - Processed Cheese
FCL 955 - Cheese of Buffalo Milk
FCL 984 - Cheese of Sheep Milk
FCL 1021 - Cheese of Goat Milk

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