Myanmar: Market for Dog And Cat Food 2024

Market Size for Dog And Cat Food in Myanmar

The Myanmar's dog and cat food market soared to $X in 2021, surging by 15% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Dog And Cat Food in Myanmar

In value terms, dog and cat food production surged to $X in 2021 estimated in export price. In general, the total production indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -13.3% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of 35% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Exports of Dog And Cat Food

Exports from Myanmar

Dog and cat food exports from Myanmar dropped modestly to X tons in 2021, leveling off at the previous year. Overall, exports saw a deep slump. The most prominent rate of growth was recorded in 2020 when exports increased by 141%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, dog and cat food exports reduced rapidly to $X in 2021. Over the period under review, exports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 91%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for dog and cat food exports from Myanmar, accounting for a 97% share of total exports. It was followed by Malaysia (X kg), with a 2.8% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to China amounted to +51.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (-35.6% per year) and the United Arab Emirates (-34.6% per year).

In value terms, China ($X) emerged as the key foreign market for dog and cat food exports from Myanmar, comprising 96% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 2.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to China amounted to +17.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (-23.7% per year) and the United Arab Emirates (-26.7% per year).

Export Prices by Country

In 2021, the average dog and cat food export price amounted to $X per ton, reducing by -14.6% against the previous year. Overall, the export price, however, recorded resilient growth. The growth pace was the most rapid in 2017 when the average export price increased by 68% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+18.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Dog And Cat Food

Imports into Myanmar

In 2021, after two years of growth, there was significant decline in supplies from abroad of dog and cat food, when their volume decreased by -13.2% to X tons. In general, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 when imports increased by 379%. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, dog and cat food imports shrank to $X in 2021. Over the period under review, imports, however, saw a remarkable increase. The pace of growth was the most pronounced in 2017 when imports increased by 379%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Thailand (X tons) constituted the largest dog and cat food supplier to Myanmar, with a 43% share of total imports. Moreover, dog and cat food imports from Thailand exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. Belgium (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Thailand stood at +38.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-5.7% per year) and Belgium (+64.7% per year).

In value terms, Singapore ($X) constituted the largest supplier of dog and cat food to Myanmar, comprising 50% of total imports. The second position in the ranking was taken by Thailand ($X), with a 22% share of total imports. It was followed by Belgium, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Singapore totaled +91.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+16.5% per year) and Belgium (+43.4% per year).

Import Prices by Country

In 2021, the average dog and cat food import price amounted to $X per ton, rising by 11% against the previous year. In general, import price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, dog and cat food import price decreased by -18.9% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 52% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+96.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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