Report Update Nov 1, 2024

Myanmar - Pork (Meat of Swine) - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Pork Market 2024

Pork Market Size in Myanmar

The Myanmar's pork market rose modestly to $X in 2022, with an increase of 4.6% against the previous year. Overall, consumption showed a abrupt slump. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Pork Production in Myanmar

In value terms, pork production totaled $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2015 when the production volume increased by 48% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

The average yield of pork in Myanmar dropped to X kg per head in 2022, therefore, remained relatively stable against the previous year's figure. Over the period under review, the yield showed a pronounced curtailment. The most prominent rate of growth was recorded in 2020 when the yield increased by 81% against the previous year. Over the period under review, the average pork yield attained the maximum level at X kg per head in 2014; however, from 2015 to 2022, the yield remained at a lower figure.

In 2022, approx. X heads of animals slaughtered for pork production in Myanmar; approximately reflecting the year before. In general, the number of producing animals, however, saw a deep downturn. The pace of growth appeared the most rapid in 2015 when the number of producing animals increased by 20% against the previous year. The number of animals slaughtered for pork production peaked at X heads in 2017; however, from 2018 to 2022, producing animals failed to regain momentum.

Pork Exports

Exports from Myanmar

Pork exports from Myanmar stood at X tons in 2019, approximately reflecting the previous year. Over the period under review, exports recorded a perceptible increase. The smallest decline of 99.9% was in 2016. The exports peaked in 2019 and are expected to retain growth in the immediate term.

In value terms, pork exports amounted to $X in 2019. In general, exports faced a deep setback. The smallest decline of 99.9% was in 2016. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2019, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for pork exports from Myanmar, with a approx. 100% share of total exports.

From 2015 to 2019, the average annual rate of growth in terms of volume to China was relatively modest.

From 2015 to 2019, the average annual rate of growth in terms of value to China was relatively modest.

Export Prices by Country

In 2019, the average pork export price amounted to $X per ton, standing approx. at the previous year. In general, the export price faced a abrupt curtailment. The pace of growth was the most pronounced in 2016 a decrease of 99.9% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2019, the export prices stood at a somewhat lower figure.

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

From 2015 to 2019, the rate of growth in terms of prices for China amounted to 0.0% per year.

Pork Imports

Imports into Myanmar

In 2022, purchases abroad of pork decreased by -85.6% to X tons, falling for the fourth consecutive year after two years of growth. Overall, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2017 when imports increased by 681% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, pork imports shrank dramatically to $X in 2022. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2018 when imports increased by 605%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Australia (X tons) constituted the largest supplier of pork to Myanmar, with a 58% share of total imports. Moreover, pork imports from Australia exceeded the figures recorded by the second-largest supplier, Thailand (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume from Australia amounted to +22.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+79.5% per year) and Japan (+180.0% per year).

In value terms, Japan ($X) constituted the largest supplier of pork to Myanmar, comprising 81% of total imports. The second position in the ranking was taken by Thailand ($X), with a 9.7% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Japan stood at +216.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+105.5% per year) and Australia (+17.4% per year).

Import Prices by Country

The average pork import price stood at $X per ton in 2022, with an increase of 149% against the previous year. Over the period under review, the import price enjoyed a prominent expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+242.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pork in the world?

The country with the largest volume of pork consumption was China, accounting for 42% of total volume. Moreover, pork consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fourfold. Germany ranked third in terms of total consumption with a 3.9% share.

What are the largest producers of pork in the world?

China constituted the country with the largest volume of pork production, comprising approx. 38% of total volume. Moreover, pork production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by Germany, with a 4.7% share.

What are the leading suppliers of pork to Myanmar?

In value terms, Thailand constituted the largest supplier of pork to Myanmar, comprising 54% of total imports. The second position in the ranking was occupied by South Korea, with a 14% share of total imports. It was followed by Spain, with a 12% share.

What is the average export price for pork in Myanmar?

The average pork export price stood at $1,455 per ton in 2019, standing approx. at the previous year.

What is the average import price for pork in Myanmar?

In 2021, the average pork import price amounted to $2,407 per ton, declining by -49.4% against the previous year.

This report provides an in-depth analysis of the pork 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:

FCL 1035 - Pig meat

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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, PRODUCING ANIMALS AND YIELD
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023