Myanmar: Market for Malt Extract And Food Preparations Of Flour, Meal, And Starch 2025

Market Size for Malt Extract And Food Preparations Of Flour, Meal, And Starch in Myanmar

In 2022, the Myanmar's market for malt extract and food preparations of flour, meal, and starches decreased by -16.9% to $X, falling for the third year in a row after eight years of growth. In general, consumption, however, enjoyed a strong expansion. Consumption of peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Exports of Malt Extract And Food Preparations Of Flour, Meal, And Starch

Exports from Myanmar

In 2022, shipments abroad of malt extract and food preparations of flour, meal, and starches was finally on the rise to reach X tons after two years of decline. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2017 when exports increased by 73,917%. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of malt extract and food preparations of flour, meal, and starches skyrocketed to $X in 2022. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2017 with an increase of 82,637% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

China (X tons), Malaysia (X tons) and Singapore (X tons) were the main destinations of exports of malt extract and food preparations of flour, meal, and starches from Myanmar, together comprising 80% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +496.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for malt extract and food preparations of flour, meal, and starch exported from Myanmar were Malaysia ($X), China ($X) and the United States ($X), with a combined 67% share of total exports.

China, with a CAGR of +1,042.1%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for malt extract and food preparations of flour, meal, and starches stood at $X per ton in 2022, which is down by -36.7% against the previous year. Over the period under review, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 an increase of 75%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to China ($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 China (+91.7%), while the prices for the other major destinations experienced a decline.

Imports of Malt Extract And Food Preparations Of Flour, Meal, And Starch

Imports into Myanmar

In 2022, overseas purchases of malt extract and food preparations of flour, meal, and starches decreased by -3.5% to X tons, falling for the third year in a row after four years of growth. Over the period under review, imports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2017 with an increase of 143% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of malt extract and food preparations of flour, meal, and starches declined sharply to $X in 2022. Overall, imports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of 63% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Singapore (X tons), Malaysia (X tons) and Thailand (X tons) were the main suppliers of imports of malt extract and food preparations of flour, meal, and starches to Myanmar, with a combined 99% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of +87.1%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Singapore ($X), Thailand ($X) and Malaysia ($X) constituted the largest malt extract and food preparations of flour, meal, and starch suppliers to Myanmar, together accounting for 98% of total imports.

Singapore, with a CAGR of +76.8%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average import price for malt extract and food preparations of flour, meal, and starches amounted to $X per ton, shrinking by -13.8% against the previous year. In general, the import price saw a pronounced slump. The growth pace was the most rapid in 2015 an increase of 31% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+4.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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