Myanmar - Salted, Dried or Smoked Meat, and Offal - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMyanmar: Market for Salted, Dried or Smoked Meat, and Offal 2024
Market Size for Salted, Dried or Smoked Meat, and Offal in Myanmar
In 2022, the Myanmar's market for salted, dried or smoked meat, and offal increased by 26% to $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption saw a abrupt decline. Consumption of peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.
Production of Salted, Dried or Smoked Meat, and Offal in Myanmar
In value terms, production of salted, dried or smoked meat, and offal declined slightly to $X in 2022 estimated in export price. In general, production recorded a perceptible contraction. The most prominent rate of growth was recorded in 2014 with an increase of 15% against the previous year. Over the period under review, production of attained the maximum level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.
Exports of Salted, Dried or Smoked Meat, and Offal
Exports from Myanmar
In 2022, shipments abroad of salted, dried or smoked meat, and offal increased by 18% to X tons, rising for the second year in a row after two years of decline. In general, exports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 303%. Over the period under review, the exports of hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.
In value terms, exports of salted, dried or smoked meat, and offal skyrocketed to $X in 2022. Over the period under review, exports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 139%. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
Vietnam (X tons), Hong Kong SAR (X tons) and China (X tons) were the main destinations of exports of salted, dried or smoked meat, and offal from Myanmar.
From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +29.3%), while shipments for the other leaders experienced mixed trend patterns.
In value terms, Vietnam ($X) remains the key foreign market for salted, dried or smoked meat, and offal exports from Myanmar, comprising 74% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a 15% share of total exports.
From 2012 to 2022, the average annual growth rate of value to Vietnam amounted to +39.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (0.0% per year) and China (-32.0% per year).
Export Prices by Country
The average export price for salted, dried or smoked meat, and offal stood at $X per ton in 2022, growing by 26% against the previous year. In general, the export price, however, continues to indicate a perceptible setback. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Hong Kong SAR ($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 Kuwait (+23.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Salted, Dried or Smoked Meat, and Offal
Imports into Myanmar
In 2022, purchases abroad of salted, dried or smoked meat, and offal was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. In general, imports, however, continue to indicate a drastic downturn. Over the period under review, imports of reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of salted, dried or smoked meat, and offal soared to $X in 2022. Over the period under review, imports, however, recorded a dramatic setback. Over the period under review, imports of attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.
Imports by Country
In 2022, China (X tons) was the main supplier of salted, dried or smoked meat, and offal to Myanmar, with a approx. 100% share of total imports.
From 2012 to 2022, the average annual growth rate of volume from China amounted to -6.5%.
In value terms, China ($X) constituted the largest supplier of salted, dried or smoked meat, and offal to Myanmar.
From 2012 to 2022, the average annual growth rate of value from China amounted to -23.2%.
Import Prices by Country
The average import price for salted, dried or smoked meat, and offal stood at $X per ton in 2022, dropping by -96% against the previous year. Overall, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 204% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +13.3% per year.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for salted, dried or smoked meat, and offal 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 10131120 - Hams, shoulders and cuts thereof with bone in, of swine, s alted, in brine, dried or smoked
- Prodcom 10131150 - Bellies and cuts thereof of swine, salted, in brine, dried or smoked
- Prodcom 10131180 - Pig meat salted, in brine, dried or smoked (including bacon, 3/4 sides/middles, fore-ends, loins and cuts thereof, excluding hams, shoulders and cuts thereof with bone in, bellies and cuts thereof)
- Prodcom 10131200 - Beef and veal salted, in brine, dried or smoked
- Prodcom 10131300 - Meat salted, in brine, dried or smoked, edible flours and meals of meat or meat offal (excluding pig meat, beef and veal salted, in brine, dried or smoked)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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