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Report Myanmar - Machinery for the Preparation or Manufacture of Food or Drink - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Myanmar - Machinery for the Preparation or Manufacture of Food or Drink - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Food Manufacture Machinery Market 2024

Food Manufacture Machinery Market Size in Myanmar

The Myanmar's food manufacture machinery market shrank sharply to $X in 2021, waning by -41.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate a significant expansion. As a result, consumption attained the peak level of $X, and then contracted markedly in the following year.

Food Manufacture Machinery Exports

Exports from Myanmar

In 2019, shipments abroad of machinery for the preparation or manufacture of food or drink decreased by 0% to X units, falling for the second year in a row after two years of decline. In general, exports continue to indicate a deep slump. The smallest decline of 99.9% was in 2018. Over the period under review, the exports reached the peak figure at X units in 2017; however, from 2018 to 2019, the exports stood at a somewhat lower figure.

In value terms, food manufacture machinery exports stood at $X in 2019. Over the period under review, exports saw a dramatic slump. The smallest decline of 99.9% was in 2018. The exports peaked at $X in 2013; however, from 2014 to 2019, the exports stood at a somewhat lower figure.

Exports by Country

China (X units) was the main destination for food manufacture machinery exports from Myanmar, with a approx. 100% share of total exports.

From 2013 to 2019, the average annual growth rate of volume to China was relatively modest.

From 2013 to 2019, the average annual rate of growth in terms of value to China was relatively modest.

Export Prices by Country

The average food manufacture machinery export price stood at $X per unit in 2019, remaining constant against the previous year. Over the period under review, the export price continues to indicate a precipitous slump. The growth pace was the most rapid in 2018 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2019, the export prices failed to regain momentum.

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

From 2013 to 2019, the rate of growth in terms of prices for Vietnam amounted to 0.0% per year.

Food Manufacture Machinery Imports

Imports into Myanmar

In 2021, approx. X units of machinery for the preparation or manufacture of food or drink were imported into Myanmar; reducing by -41.9% compared with 2020 figures. Over the period under review, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 673% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, food manufacture machinery imports shrank rapidly to $X in 2021. In general, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 410% against the previous year. As a result, imports reached the peak of $X, and then declined dramatically in the following year.

Imports by Country

In 2021, China (X units) constituted the largest food manufacture machinery supplier to Myanmar, with a 39% share of total imports. Moreover, food manufacture machinery imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), threefold. The third position in this ranking was taken by Italy (X units), with a 3% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +28.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+27.9% per year) and Italy (+46.3% per year).

In value terms, China ($X) constituted the largest supplier of machinery for the preparation or manufacture of food or drink to Myanmar, comprising 55% of total imports. The second position in the ranking was held by India ($X), with a 14% share of total imports. It was followed by Taiwan (Chinese), with a 6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +51.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+32.8% per year) and Taiwan (Chinese) (+23.5% per year).

Import Prices by Country

In 2021, the average food manufacture machinery import price amounted to $X per unit, almost unchanged from the previous year. Overall, the import price continues to indicate a mild increase. The most prominent rate of growth was recorded in 2019 an increase of 171%. Over the period under review, average import prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was India ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+18.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were China, South Africa and the United States, with a combined 34% share of global consumption. India, Norway, Japan, Brazil, Germany, Mexico, France, Democratic Republic of the Congo, Indonesia and Spain lagged somewhat behind, together comprising a further 30%.
The country with the largest volume of food manufacture machinery production was China, comprising approx. 20% of total volume. Moreover, food manufacture machinery production in China exceeded the figures recorded by the second-largest producer, South Africa, twofold. India ranked third in terms of total production with a 7% share.
In value terms, China constituted the largest supplier of food manufacture machinery to Myanmar, comprising 72% of total imports. The second position in the ranking was occupied by Thailand, with an 8.2% share of total imports. It was followed by the United States, with a 6.3% share.
The average food manufacture machinery export price stood at $269 per unit in 2019, standing approx. at the previous year.
The average food manufacture machinery import price stood at $985 per unit in 2021, surging by 20% against the previous year.

This report provides an in-depth analysis of the food manufacture machinery 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 28931770 - Machinery for the preparation or manufacture of food or drink, n .e.c.

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 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

  12. 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

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