Myanmar: Market for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades 2024

Market Size for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in Myanmar

In 2022, the Myanmar's homogenised jam and marmalade market decreased by -53.9% to $X, falling for the third consecutive year after two years of decline. In general, consumption recorded a sharp contraction. The pace of growth appeared the most rapid in 2020 with a decrease of -31.6% against the previous year. Homogenised jam and marmalade consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in Myanmar

In value terms, homogenised jam and marmalade production declined to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Exports from Myanmar

In 2022, shipments abroad of homogenised preparations of jams, fruit jellies and marmalades decreased by -16.2% to X tons, falling for the second consecutive year after two years of growth. Overall, exports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 378% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, homogenised jam and marmalade exports dropped dramatically to $X in 2022. Over the period under review, exports saw a sharp setback. The most prominent rate of growth was recorded in 2020 when exports increased by 349% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Malaysia (X tons) was the main destination for homogenised jam and marmalade exports from Myanmar, accounting for a 100% share of total exports. It was followed by Australia (X kg), with a 0.2% share of total exports.

From 2017 to 2022, the average annual rate of growth in terms of volume to Malaysia totaled +36.8%.

In value terms, Malaysia ($X) remains the key foreign market for homogenised preparations of jams, fruit jellies and marmalades exports from Myanmar, comprising 99% of total exports. The second position in the ranking was held by Australia ($X), with a 0.9% share of total exports.

From 2017 to 2022, the average annual rate of growth in terms of value to Malaysia amounted to -17.1%.

Export Prices by Country

In 2022, the average homogenised jam and marmalade export price amounted to $X per ton, reducing by -50.1% against the previous year. In general, the export price faced a sharp downturn. The most prominent rate of growth was recorded in 2020 a decrease of -6.1%. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Malaysia amounted to $X per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+12.4%), while the prices for the other major destinations experienced a decline.

Imports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Imports into Myanmar

Homogenised jam and marmalade imports into Myanmar soared to X tons in 2022, rising by 107% compared with the previous year's figure. Over the period under review, imports, however, showed a mild shrinkage. The growth pace was the most rapid in 2016 when imports increased by 873%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, homogenised jam and marmalade imports skyrocketed to $X in 2022. In general, imports showed a moderate increase. The most prominent rate of growth was recorded in 2016 with an increase of 468% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Thailand (X tons) constituted the largest homogenised jam and marmalade supplier to Myanmar, with a 89% share of total imports. Moreover, homogenised jam and marmalade imports from Thailand exceeded the figures recorded by the second-largest supplier, Malaysia (X kg), tenfold. Turkey (X kg) ranked third in terms of total imports with a 1.3% share.

From 2013 to 2022, the average annual rate of growth in terms of volume from Thailand amounted to -1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+26.0% per year) and Turkey (-1.6% per year).

In value terms, Thailand ($X) constituted the largest supplier of homogenised preparations of jams, fruit jellies and marmalades to Myanmar, comprising 92% of total imports. The second position in the ranking was taken by Malaysia ($X), with a 3.7% share of total imports. It was followed by Turkey, with a 3.3% share.

From 2013 to 2022, the average annual growth rate of value from Thailand stood at +3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+14.3% per year) and Turkey (+3.3% per year).

Import Prices by Country

The average homogenised jam and marmalade import price stood at $X per ton in 2022, rising by 6.1% against the previous year. Overall, the import price recorded a perceptible increase. The most prominent rate of growth was recorded in 2018 an increase of 76% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Malaysia ($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 (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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