Myanmar: Baby Food Market 2024

Baby Food Market Size in Myanmar

The Myanmar's baby food market contracted to $X in 2021, waning by -6% against the previous year. Over the period under review, consumption continues to indicate a abrupt shrinkage. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Baby Food Production in Myanmar

In value terms, baby food production contracted to $X in 2021 estimated in export price. Overall, production recorded a abrupt setback. The most prominent rate of growth was recorded in 2017 when the production volume increased by 37% against the previous year. Baby food production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Baby Food Exports

Exports from Myanmar

In 2021, overseas shipments of food preparations for infants decreased by -78.3% to X tons, falling for the third year in a row after five years of growth. Overall, exports faced a abrupt decrease. The most prominent rate of growth was recorded in 2016 when exports increased by 161% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, baby food exports contracted significantly to $X in 2021. Over the period under review, exports recorded a dramatic descent. The pace of growth appeared the most rapid in 2017 with an increase of 199% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Malaysia (X tons) was the main destination for baby food exports from Myanmar, with a 98% share of total exports. It was followed by Singapore (X kg), with a 2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Malaysia amounted to +65.2%.

In value terms, Malaysia ($X) remains the key foreign market for food preparations for infants exports from Myanmar, comprising 99% of total exports. The second position in the ranking was held by Singapore ($X), with a 0.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Malaysia totaled +24.8%.

Export Prices by Country

In 2021, the average baby food export price amounted to $X per ton, waning by -29.2% against the previous year. Overall, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 31% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Singapore stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (-3.2%), while the prices for the other major destinations experienced a decline.

Baby Food Imports

Imports into Myanmar

In 2021, baby food imports into Myanmar rose markedly to X tons, picking up by 9.4% compared with the previous year's figure. Overall, imports enjoyed a prominent expansion. The growth pace was the most rapid in 2017 with an increase of 83%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, baby food imports declined to $X in 2021. Over the period under review, imports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2014 when imports increased by 78% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Thailand (X tons) constituted the largest supplier of baby food to Myanmar, with a 55% share of total imports. Moreover, baby food imports from Thailand exceeded the figures recorded by the second-largest supplier, the Philippines (X tons), fourfold. Indonesia (X tons) ranked third in terms of total imports with a 6.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Thailand totaled +19.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (+46.5% per year) and Indonesia (+17.4% per year).

In value terms, Thailand ($X) constituted the largest supplier of food preparations for infants to Myanmar, comprising 54% of total imports. The second position in the ranking was taken by Singapore ($X), with an 11% share of total imports. It was followed by Indonesia, with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Thailand amounted to +18.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+5.6% per year) and Indonesia (+18.3% per year).

Import Prices by Country

In 2021, the average baby food import price amounted to $X per ton, dropping by -19.2% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 20% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+8.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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