Report Update Nov 1, 2024

Myanmar - Mackerel (Prepared or Preserved) - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Preserved Mackerel Market 2024

Preserved Mackerel Market Size in Myanmar

After two years of decline, the Myanmar's preserved mackerel market decreased by 99.9% to less than $X in 2021. Overall, consumption, however, faced a dramatic contraction. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Preserved Mackerel Production in Myanmar

In value terms, preserved mackerel production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production enjoyed prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of 149% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Preserved Mackerel Exports

Exports from Myanmar

In 2020, approx. X tons of mackerel (prepared or preserved) were exported from Myanmar; almost unchanged from the previous year. Overall, exports showed significant growth. The smallest decline of 99.9% was in 2019. Over the period under review, the exports attained the maximum in 2020 and are expected to retain growth in years to come.

In value terms, preserved mackerel exports stood at $X in 2020. In general, exports saw prominent growth. The smallest decline of 99.9% was in 2019. Over the period under review, the exports attained the maximum in 2020 and are likely to continue growth in years to come.

Exports by Country

Malaysia (X tons) was the main destination for preserved mackerel exports from Myanmar, accounting for a approx. 100% share of total exports.

From 2018 to 2020, the average annual growth rate of volume to Malaysia stood at +91.4%.

From 2018 to 2020, the average annual rate of growth in terms of value to Malaysia amounted to +11.8%.

Export Prices by Country

In 2020, the average preserved mackerel export price amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the export price showed a sharp reduction. The growth pace was the most rapid in 2019 when the average export price decreased by 99.9%. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2020, the export prices failed to regain momentum.

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

From 2018 to 2020, the rate of growth in terms of prices for Malaysia amounted to -41.6% per year.

Preserved Mackerel Imports

Imports into Myanmar

Preserved mackerel imports into Myanmar fell remarkably to X tons in 2021, reducing by -55.8% on 2020. In general, imports, however, showed a significant increase. The growth pace was the most rapid in 2013 with an increase of 1,173% against the previous year. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, preserved mackerel imports declined sharply to $X in 2021. Over the period under review, imports, however, recorded significant growth. The growth pace was the most rapid in 2013 when imports increased by 1,173%. Over the period under review, imports attained the maximum at $X in 2020, and then dropped remarkably in the following year.

Imports by Country

In 2021, Thailand (X tons) was the main supplier of preserved mackerel to Myanmar, accounting for a 91% share of total imports. Moreover, preserved mackerel imports from Thailand exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Thailand amounted to +38.3%.

In value terms, Thailand ($X) constituted the largest supplier of mackerel (prepared or preserved) to Myanmar, comprising 91% of total imports. The second position in the ranking was held by Vietnam ($X), with an 8.5% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Thailand stood at +32.8%.

Import Prices by Country

The average preserved mackerel import price stood at $X per ton in 2021, dropping by -2.1% against the previous year. Overall, the import price showed a noticeable contraction. The most prominent rate of growth was recorded in 2014 an increase of 32% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for Vietnam totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+173.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mackerel (prepared or preserved) in the world?

The countries with the highest volumes of preserved mackerel consumption in 2021 were China, the United States and India, with a combined 29% share of global consumption. These countries were followed by Japan, Indonesia, Bangladesh, Russia, Nigeria, Germany, Pakistan, Brazil, Norway and Egypt, which together accounted for a further 25%.

What are the largest producers of mackerel (prepared or preserved) in the world?

China remains the largest preserved mackerel producing country worldwide, accounting for 19% of total volume. Moreover, preserved mackerel production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with a 5.7% share.

What are the leading suppliers of mackerel (prepared or preserved) to Myanmar?

In value terms, Thailand constituted the largest supplier of preserved mackerel to Myanmar, comprising 92% of total imports. The second position in the ranking was occupied by Vietnam, with a 2% share of total imports.

What is the average export price for mackerel (prepared or preserved) in Myanmar?

The average preserved mackerel export price stood at $1,552 per ton in 2021, with an increase of 42% against the previous year.

What is the average import price for mackerel (prepared or preserved) in Myanmar?

In 2021, the average preserved mackerel import price amounted to $2,209 per ton, which is down by -2.1% against the previous year.

This report provides an in-depth analysis of the preserved mackerel 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 10202550 - Prepared or preserved mackerel, whole or in pieces (excluding minced products and prepared meals and dishes)

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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