Myanmar - Gingerbread - Market Analysis, Forecast, Size, Trends and Insights
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Gingerbread Market Size in Myanmar
In 2022, the Myanmar's gingerbread market decreased by -21.7% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption continues to indicate a significant decline. The pace of growth was the most pronounced in 2019 with an increase of 7.3%. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.
Gingerbread Production in Myanmar
In value terms, gingerbread production reduced modestly to $X in 2022 estimated in export price. Overall, production showed a perceptible decline. The most prominent rate of growth was recorded in 2019 when the production volume increased by 17% against the previous year. Gingerbread production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.
Gingerbread Exports
Exports from Myanmar
In 2022, overseas shipments of gingerbread decreased by -37.5% to X tons for the first time since 2017, thus ending a four-year declining trend. Over the period under review, exports, however, recorded a strong expansion. The growth pace was the most rapid in 2017 when exports increased by 2,955%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.
In value terms, gingerbread exports fell dramatically to $X in 2022. Overall, exports faced a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of 1,888%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.
Exports by Country
Bangladesh (X tons) was the main destination for gingerbread exports from Myanmar, accounting for a 70% share of total exports. Moreover, gingerbread exports to Bangladesh exceeded the volume sent to the second major destination, India (X tons), twofold.
From 2013 to 2022, the average annual growth rate of volume to Bangladesh stood at +8.2%.
In value terms, India ($X) and Bangladesh ($X) constituted the largest markets for gingerbread exported from Myanmar worldwide.
Among the main countries of destination, India, with a CAGR of -12.7%, saw the highest rates of growth with regard to the value of exports, over the period under review.
Export Prices by Country
The average gingerbread export price stood at $X per ton in 2022, shrinking by -20% against the previous year. In general, the export price continues to indicate a deep slump. The pace of growth was the most pronounced in 2019 a decrease of -3.1%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Bangladesh totaled $X per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+29.2%), while the prices for the other major destinations experienced a decline.
Gingerbread Imports
Imports into Myanmar
In 2022, the amount of gingerbread imported into Myanmar totaled X kg, almost unchanged from 2021. In general, imports saw a sharp setback. The pace of growth appeared the most rapid in 2014 with an increase of 300% against the previous year. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.
In value terms, gingerbread imports totaled $X in 2022. Overall, imports saw a dramatic decrease. The growth pace was the most rapid in 2014 when imports increased by 251% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.
Imports by Country
Thailand (X kg), Singapore (X kg) and Malaysia (X kg) were the main suppliers of gingerbread imports to Myanmar, together comprising 99% of total imports.
From 2013 to 2022, the biggest increases were recorded for Singapore (with a CAGR of -4.5%), while purchases for the other leaders experienced a decline.
In value terms, the largest gingerbread suppliers to Myanmar were Singapore ($X), Thailand ($X) and Malaysia ($X), together accounting for 99% of total imports.
In terms of the main suppliers, Singapore, with a CAGR of -20.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.
Import Prices by Country
In 2022, the average gingerbread import price amounted to $X per ton, standing approx. at the previous year. Overall, the import price showed a abrupt contraction. The growth pace was the most rapid in 2017 an increase of 33% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (-11.5%), 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 gingerbread 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 10721230 - Gingerbread and the like
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
- 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 VOLUME AND VALUE
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
- 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
- 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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