Myanmar: Candied Fruit Market 2025

Candied Fruit Market Size in Myanmar

In 2021, after two years of growth, there was significant decline in the Myanmar's candied fruit market, when its value decreased by -20.8% to $X. In general, consumption, however, showed a resilient expansion. Over the period under review, the market hit record highs at $X in 2020, and then reduced remarkably in the following year.

Candied Fruit Production in Myanmar

In value terms, candied fruit production reduced remarkably to $X in 2021 estimated in export price. Overall, production, however, showed a prominent expansion. The pace of growth was the most pronounced in 2017 when the production volume increased by 128% against the previous year. Candied fruit production peaked at $X in 2020, and then shrank rapidly in the following year.

Candied Fruit Exports

Exports from Myanmar

In 2021, the amount of candied fruits exported from Myanmar shrank markedly to X tons, with a decrease of -25.4% on 2020 figures. Over the period under review, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2015 with an increase of 2,566%. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, candied fruit exports dropped rapidly to $X in 2021. Overall, exports, however, continue to indicate a noticeable expansion. The pace of growth appeared the most rapid in 2015 when exports increased by 3,910% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for candied fruit exports from Myanmar, accounting for a 85% share of total exports. Moreover, candied fruit exports to China exceeded the volume sent to the second major destination, Japan (X kg), more than tenfold. The third position in this ranking was held by Australia (X kg), with a 3.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China amounted to +29.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-17.3% per year) and Australia (-4.2% per year).

In value terms, China ($X) remains the key foreign market for candied fruit exports from Myanmar, comprising 66% of total exports. The second position in the ranking was taken by Japan ($X), with a 16% share of total exports. It was followed by Australia, with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China stood at +35.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+2.8% per year) and Australia (+10.3% per year).

Export Prices by Country

The average candied fruit export price stood at $X per ton in 2021, growing by 8.5% against the previous year. Over the period under review, the export price posted a buoyant expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by 53%. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to China ($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 the United States (+28.7%), while the prices for the other major destinations experienced more modest paces of growth.

Candied Fruit Imports

Imports into Myanmar

Candied fruit imports into Myanmar dropped notably to X tons in 2021, which is down by -45.6% compared with 2020. In general, imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 914% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, candied fruit imports reduced sharply to $X in 2021. Overall, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 571% against the previous year. As a result, imports attained the peak of $X, and then fell sharply in the following year.

Imports by Country

Argentina (X tons), China (X tons) and Singapore (X tons) were the main suppliers of candied fruit imports to Myanmar, with a combined 82% share of total imports.

From 2012 to 2021, the biggest increases were in Singapore (with a CAGR of +67.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest candied fruit suppliers to Myanmar were Thailand ($X), Argentina ($X) and Singapore ($X), together comprising 82% of total imports.

Singapore, with a CAGR of +53.8%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average candied fruit import price stood at $X per ton in 2021, growing by 9.8% against the previous year. Overall, the import price, however, continues to indicate a mild downturn. The pace of growth was the most pronounced in 2017 when the average import price increased by 82% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+65.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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