Myanmar: Market for Jams, Jellies, Puree And Pastes 2024

Market Size for Jams, Jellies, Puree And Pastes in Myanmar

The Myanmar's market for jams, jellies, puree and pastes expanded remarkably to $X in 2021, picking up by 14% against the previous year. Overall, consumption, however, showed a abrupt decrease. Jam, jelly, puree and paste consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Production of Jams, Jellies, Puree And Pastes in Myanmar

In value terms, jam, jelly, puree and paste production surged to $X in 2021 estimated in export price. In general, production, however, continues to indicate a deep slump. Jam, jelly, puree and paste production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Exports of Jams, Jellies, Puree And Pastes

Exports from Myanmar

Jam, jelly, puree and paste exports from Myanmar surged to X tons in 2021, jumping by 115% on the previous year's figure. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2018 when exports increased by 228% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, jam, jelly, puree and paste exports soared to $X in 2021. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of 225%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

China (X tons), Russia (X tons) and Vietnam (X tons) were the main destinations of jam, jelly, puree and paste exports from Myanmar, with a combined 92% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +78.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the key foreign market for jams, jellies, puree and pastes exports from Myanmar, comprising 75% of total exports. The second position in the ranking was held by Russia ($X), with a 21% share of total exports. It was followed by the United States, with a 1.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China amounted to +76.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+44.7% per year) and the United States (+15.3% per year).

Export Prices by Country

In 2021, the average export price for jams, jellies, puree and pastes amounted to $X per ton, jumping by 36% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was China ($X per ton), while the average price for exports to India ($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 China (+23.1%), while the prices for the other major destinations experienced a decline.

Imports of Jams, Jellies, Puree And Pastes

Imports into Myanmar

In 2021, imports of jams, jellies, puree and pastes into Myanmar soared to X tons, rising by 22% on 2020 figures. Over the period under review, imports saw a prominent expansion. The growth pace was the most rapid in 2020 when imports increased by 128% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, jam, jelly, puree and paste imports skyrocketed to $X in 2021. Overall, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 116% against the previous year. Imports peaked in 2021 and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Thailand (X tons) and India (X tons) were the main suppliers of jam, jelly, puree and paste imports to Myanmar, with a combined 88% share of total imports. Belgium, Malaysia, Vietnam, the Philippines, Singapore and Indonesia lagged somewhat behind, together comprising a further 11%.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +68.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), China ($X) and India ($X) appeared to be the largest jam, jelly, puree and paste suppliers to Myanmar, together accounting for 72% of total imports. These countries were followed by the Philippines, Malaysia, Belgium, Singapore, Vietnam and Indonesia, which together accounted for a further 18%.

Vietnam, with a CAGR of +71.6%, saw the highest rates of growth with regard to the value of imports, in terms of 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 import price for jams, jellies, puree and pastes stood at $X per ton in 2021, waning by -5% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 39%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average 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 Singapore ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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