Report Update Nov 1, 2024

Myanmar - Gin and Geneva - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Gin And Geneva Market 2024

Gin And Geneva Market Size in Myanmar

In 2022, the Myanmar's gin and geneva market was finally on the rise to reach $X after two years of decline. Overall, consumption, however, showed a buoyant increase. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Gin And Geneva Production in Myanmar

In value terms, gin and geneva production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by 2,962%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Gin And Geneva Exports

Exports from Myanmar

Gin and geneva exports from Myanmar dropped sharply to X litres in 2022, waning by -23.1% compared with 2021 figures. Overall, exports, however, recorded a resilient expansion. The growth pace was the most rapid in 2018 when exports increased by 76% against the previous year. The exports peaked at X litres in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, gin and geneva exports reduced to $X in 2022. Over the period under review, exports, however, saw a prominent expansion. The pace of growth was the most pronounced in 2019 with an increase of 681%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Singapore (X litres) was the main destination for gin and geneva exports from Myanmar, with a approx. 50% share of total exports.

From 2013 to 2022, the average annual growth rate of volume to Singapore was relatively modest.

In value terms, Singapore ($X) also remains the key foreign market for gin and geneva exports from Myanmar.

From 2013 to 2022, the average annual growth rate of value to Singapore amounted to +8.8%.

Export Prices by Country

The average gin and geneva export price stood at $X per litre in 2022, jumping by 23% against the previous year. In general, the export price recorded resilient growth. The growth pace was the most rapid in 2019 when the average export price increased by 531% against the previous year. As a result, the export price attained the peak level of $X per litre. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2013 to 2022, the rate of growth in terms of prices for Singapore amounted to +8.1% per year.

Gin And Geneva Imports

Imports into Myanmar

In 2022, approx. X litres of gin and geneva were imported into Myanmar; dropping by -30.1% against 2021 figures. Over the period under review, imports recorded a significant decrease. The pace of growth appeared the most rapid in 2019 when imports increased by 70,633% against the previous year. As a result, imports attained the peak of X litres. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, gin and geneva imports shrank dramatically to $X in 2022. In general, imports recorded a sharp slump. The pace of growth appeared the most rapid in 2019 when imports increased by 103,154%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Norway (X litres), Germany (X litres) and Sweden (X litres) were the main suppliers of gin and geneva imports to Myanmar.

From 2017 to 2022, the biggest increases were recorded for Norway (with a CAGR of +11,200.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Germany ($X) and Sweden ($X) were the largest gin and geneva suppliers to Myanmar.

Norway, with a CAGR of +13,861.5%, recorded 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 gin and geneva import price stood at $X per litre in 2022, rising by 11% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2019 an increase of 46% against the previous year. As a result, import price reached the peak level of $X per litre. From 2020 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per litre), while the price for Norway ($X per litre) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+49.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for gin and geneva in the world?

The United States constituted the country with the largest volume of gin and geneva consumption, comprising approx. 78% of total volume. Moreover, gin and geneva consumption in the United States exceeded the figures recorded by the second-largest consumer, India, more than tenfold. Japan ranked third in terms of total consumption with a 1.8% share.

What are the largest producers of gin and geneva in the world?

The country with the largest volume of gin and geneva production was the United States, comprising approx. 77% of total volume. Moreover, gin and geneva production in the United States exceeded the figures recorded by the second-largest producer, the UK, more than tenfold. The third position in this ranking was occupied by India, with a 2.7% share.

What are the leading suppliers of gin and geneva to Myanmar?

In value terms, Thailand constituted the largest supplier of gin and geneva to Myanmar, comprising 76% of total imports. The second position in the ranking was occupied by Singapore, with an 18% share of total imports.

What are the leading importers of gin and geneva from Myanmar?

In value terms, Singapore remains the key foreign market for gin and geneva exports from Myanmar.

What is the average export price for gin and geneva in Myanmar?

The average gin and geneva export price stood at $4.2 per litre in 2021, rising by 11% against the previous year.

What is the average import price for gin and geneva in Myanmar?

In 2021, the average gin and geneva import price amounted to $7.7 per litre, growing by 5.6% against the previous year.

This report provides an in-depth analysis of the gin and geneva 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:

Prodcom 11011050 - Gin and geneva (important: excluding alcohol duty)

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