Report Update Nov 1, 2024

Myanmar - Concentrated Lemon and Other Citrus Fruit Juice - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Market for Concentrated Lemon And Other Citrus Fruit Juice 2024

Market Size for Concentrated Lemon And Other Citrus Fruit Juice in Myanmar

For the fourth year in a row, the Myanmar's market for concentrated lemon and other citrus fruit juice recorded growth in sales value, which increased by 4.9% to $X in 2021. In general, consumption saw a resilient expansion. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Exports of Concentrated Lemon And Other Citrus Fruit Juice

Exports from Myanmar

In 2021, overseas shipments of concentrated lemon and other citrus fruit juice decreased by -54% to X tons, falling for the third consecutive year after seven years of growth. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 622%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of concentrated lemon and other citrus fruit juice shrank sharply to $X in 2021. Overall, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2015 when exports increased by 771%. Over the period under review, the exports of reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for exports of concentrated lemon and other citrus fruit juice from Myanmar, accounting for a 100% share of total exports. It was followed by Singapore (X kg), with a 0.2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States was relatively modest.

In value terms, the United States ($X) emerged as the key foreign market for concentrated lemon and other citrus fruit juice exports from Myanmar, comprising 100% of total exports. The second position in the ranking was taken by Singapore ($X), with a 0.1% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States was relatively modest.

Export Prices by Country

In 2021, the average export price for concentrated lemon and other citrus fruit juice amounted to $X per ton, declining by -10.6% against the previous year. In general, the export price recorded a abrupt decline. The growth pace was the most rapid in 2015 when the average export price increased by 20% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Singapore amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (-15.3%).

Imports of Concentrated Lemon And Other Citrus Fruit Juice

Imports into Myanmar

In 2021, purchases abroad of concentrated lemon and other citrus fruit juice decreased by -0.3% to X tons for the first time since 2017, thus ending a three-year rising trend. Over the period under review, imports, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2016 with an increase of 431%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of concentrated lemon and other citrus fruit juice reached $X in 2021. Overall, imports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2016 with an increase of 446%. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Vietnam (X tons), South Korea (X tons) and South Africa (X tons) were the main suppliers of imports of concentrated lemon and other citrus fruit juice to Myanmar, with a combined 72% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +77.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest concentrated lemon and other citrus fruit juice suppliers to Myanmar were South Africa ($X), South Korea ($X) and Vietnam ($X), with a combined 65% share of total imports.

Among the main suppliers, Vietnam, with a CAGR of +68.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for concentrated lemon and other citrus fruit juice stood at $X per ton in 2021, with an increase of 3.9% against the previous year. Over the last nine years, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 34%. Over the period under review, average import prices attained the maximum in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was South Africa ($X per ton), while the price for Cyprus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+8.9%), 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 concentrated lemon and other citrus fruit juice in the world?

The country with the largest volume of consumption of concentrated lemon and other citrus fruit juice was the United States, comprising approx. 49% of total volume. Moreover, consumption of concentrated lemon and other citrus fruit juice in the United States exceeded the figures recorded by the second-largest consumer, Germany, ninefold. The third position in this ranking was occupied by Japan, with a 5.5% share.

What are the largest producers of concentrated lemon and other citrus fruit juice in the world?

The country with the largest volume of production of concentrated lemon and other citrus fruit juice was Argentina, comprising approx. 25% of total volume. Moreover, production of concentrated lemon and other citrus fruit juice in Argentina exceeded the figures recorded by the second-largest producer, Mexico, twofold. Spain ranked third in terms of total production with an 8.1% share.

What are the leading suppliers of concentrated lemon and other citrus fruit juice to Myanmar?

In value terms, Thailand constituted the largest supplier of concentrated lemon and other citrus fruit juice to Myanmar, comprising 79% of total imports. The second position in the ranking was occupied by Vietnam, with a 5% share of total imports. It was followed by Malaysia, with a 1.8% share.

What is the average export price for concentrated lemon and other citrus fruit juice in Myanmar?

In 2021, the average export price for concentrated lemon and other citrus fruit juice amounted to $318 per ton, dropping by -4.4% against the previous year.

What is the average import price for concentrated lemon and other citrus fruit juice in Myanmar?

The average import price for concentrated lemon and other citrus fruit juice stood at $941 per ton in 2021, picking up by 17% against the previous year.

This report provides an in-depth analysis of the market for concentrated lemon and other citrus fruit juice 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 499 - Lemon Juice, Concentrated
FCL 514 - Citrus Juice, Concentrated nes

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