Myanmar: Honey Market 2025

Honey Market Size in Myanmar

The Myanmar's honey market amounted to $X in 2022, growing by 6% against the previous year. Overall, the total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +49.7% against 2020 indices. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the near future.

Honey Production in Myanmar

In value terms, honey production declined slightly to $X in 2022 estimated in export price. Overall, production recorded a perceptible slump. The most prominent rate of growth was recorded in 2014 when the production volume increased by 33%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Honey Exports

Exports from Myanmar

In 2022, shipments abroad of honey decreased by -14.6% to X tons, falling for the second year in a row after two years of growth. In general, exports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2017 when exports increased by 61%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, honey exports expanded notably to $X in 2022. The total export value increased at an average annual rate of +1.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when exports increased by 54%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Japan (X tons) was the main destination for honey exports from Myanmar, with a 76% share of total exports. Moreover, honey exports to Japan exceeded the volume sent to the second major destination, Thailand (X tons), sixfold. The third position in this ranking was taken by the United States (X tons), with a 7.7% share.

From 2012 to 2022, the average annual growth rate of volume to Japan stood at +17.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+0.7% per year) and the United States (+12.3% per year).

In value terms, Japan ($X) remains the key foreign market for honey exports from Myanmar, comprising 72% of total exports. The second position in the ranking was taken by Thailand ($X), with a 19% share of total exports. It was followed by the United States, with a 6.4% share.

From 2012 to 2022, the average annual growth rate of value to Japan totaled +8.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (-2.7% per year) and the United States (-1.0% per year).

Export Prices by Country

The average honey export price stood at $X per ton in 2022, surging by 23% against the previous year. Over the period under review, the export price, however, recorded a abrupt decline. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-2.9%), while the prices for the other major destinations experienced a decline.

Honey Imports

Imports into Myanmar

In 2022, purchases abroad of honey decreased by -85.7% to X tons, falling for the third consecutive year after two years of growth. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 747%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, honey imports shrank notably to $X in 2022. In general, imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of 393% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, France (X tons) was the main supplier of honey to Myanmar, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from France amounted to +48.1%.

In value terms, France ($X) constituted the largest supplier of honey to Myanmar.

From 2012 to 2022, the average annual rate of growth in terms of value from France amounted to +68.8%.

Import Prices by Country

In 2022, the average honey import price amounted to $X per ton, growing by 79% against the previous year. Overall, the import price continues to indicate a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +20.4% per year.

Source: IndexBox Platform

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