Myanmar - Cream Fresh - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMyanmar: Cream Fresh Market 2024
Cream Fresh Market Size in Myanmar
In 2022, the Myanmar's cream fresh market increased by 71% to $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption showed a pronounced decrease. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.
Cream Fresh Production in Myanmar
In value terms, cream fresh production amounted to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 with a decrease of 99.9% against the previous year. Over the period under review, production attained the peak level in 2022 and is likely to continue growth in the immediate term.
Cream Fresh Exports
Exports from Myanmar
In 2020, overseas shipments of cream fresh decreased by -51.3% to X tons for the first time since 2017, thus ending a two-year declining trend. Over the period under review, exports, however, showed a significant expansion. The growth pace was the most rapid in 2015 with an increase of 1.8%. Over the period under review, the exports hit record highs at X tons in 2019, and then reduced remarkably in the following year.
In value terms, cream fresh exports shrank notably to $X in 2020. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2015 with an increase of 2.3%. Over the period under review, the exports attained the peak figure at $X in 2019, and then dropped remarkably in the following year.
Exports by Country
India (X tons) was the main destination for cream fresh exports from Myanmar, accounting for a approx. 100% share of total exports.
From 2014 to 2020, the average annual rate of growth in terms of volume to India stood at -51.3%.
In value terms, India ($X) also remains the key foreign market for cream fresh exports from Myanmar.
From 2014 to 2020, the average annual growth rate of value to India amounted to -51.2%.
Export Prices by Country
In 2020, the average cream fresh export price amounted to $X per ton, remaining stable against the previous year. Over the period under review, the export price, however, faced a dramatic decrease. The pace of growth appeared the most rapid in 2015 when the average export price increased by 0.5%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2020, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for India.
From 2014 to 2020, the rate of growth in terms of prices for India amounted to +0.2% per year.
Cream Fresh Imports
Imports into Myanmar
In 2022, approx. X tons of cream fresh were imported into Myanmar; shrinking by -4.8% compared with the previous year. Overall, imports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2018 with an increase of 91% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.
In value terms, cream fresh imports skyrocketed to $X in 2022. In general, imports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2018 when imports increased by 138% against the previous year. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.
Imports by Country
New Zealand (X tons), Germany (X tons) and France (X tons) were the main suppliers of cream fresh imports to Myanmar, together accounting for 98% of total imports.
From 2012 to 2022, the biggest increases were recorded for New Zealand (with a CAGR of +44.5%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, New Zealand ($X) constituted the largest supplier of cream fresh to Myanmar, comprising 78% of total imports. The second position in the ranking was held by Germany ($X), with a 15% share of total imports. It was followed by France, with a 4.1% share.
From 2012 to 2022, the average annual growth rate of value from New Zealand stood at +54.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+18.4% per year) and France (+12.5% per year).
Import Prices by Country
In 2022, the average cream fresh import price amounted to $X per ton, jumping by 80% against the previous year. Over the period under review, the import price recorded a pronounced increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+7.0%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the cream fresh 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 885 - Cream, Fresh
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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