Myanmar: Market for Sheep And Goat Meat 2025

Market Size for Sheep And Goat Meat in Myanmar

The Myanmar's sheep and goat meat market reduced to $X in 2022, approximately equating the previous year. Over the period under review, consumption showed a abrupt shrinkage. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Sheep And Goat Meat in Myanmar

In value terms, sheep and goat meat production fell to $X in 2022 estimated in export price. Overall, production showed a abrupt curtailment. The pace of growth appeared the most rapid in 2015 with an increase of X%. Sheep and goat meat production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

In 2022, the average yield of sheep and goat meat in Myanmar shrank sharply to X kg per head, dropping by X% on the previous year. Over the period under review, the yield continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the average sheep and goat meat yield hit record highs at X kg per head in 2013; however, from 2014 to 2022, the yield stood at a somewhat lower figure.

The number of animals slaughtered for sheep and goat meat production in Myanmar surged to X heads in 2022, increasing by X% against 2021. Over the period under review, the number of producing animals continues to indicate a tangible increase. Over the period under review, this number reached the maximum level at X heads in 2020; however, from 2021 to 2022, producing animals failed to regain momentum.

Exports of Sheep And Goat Meat

Exports from Myanmar

In 2022, approx. X tons of sheep and goat meat were exported from Myanmar; growing by X% compared with the year before. In general, exports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, sheep and goat meat exports skyrocketed to $X in 2022. Over the period under review, exports, however, continue to indicate a deep slump. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Qatar (X tons) was the main destination for sheep and goat meat exports from Myanmar, accounting for a X% share of total exports. Moreover, sheep and goat meat exports to Qatar exceeded the volume sent to the second major destination, China (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Qatar totaled X%.

In value terms, China ($X) emerged as the key foreign market for sheep and goat meat exports from Myanmar, comprising X% of total exports. The second position in the ranking was taken by Qatar ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to China amounted to X%.

Export Prices by Country

The average sheep and goat meat export price stood at $X per ton in 2022, stabilizing at the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Qatar amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%).

Imports of Sheep And Goat Meat

Imports into Myanmar

In 2022, overseas purchases of sheep and goat meat were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a mild reduction. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, sheep and goat meat imports surged to $X in 2022. Overall, imports saw a slight expansion. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Australia (X tons) was the main sheep and goat meat supplier to Myanmar, accounting for a X% share of total imports. Moreover, sheep and goat meat imports from Australia exceeded the figures recorded by the second-largest supplier, Singapore (X kg), tenfold.

From 2012 to 2022, the average annual growth rate of volume from Australia amounted to X%.

In value terms, Australia ($X) constituted the largest supplier of sheep and goat meat to Myanmar, comprising X% of total imports. The second position in the ranking was taken by Singapore ($X), with an X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Australia stood at X%.

Import Prices by Country

The average sheep and goat meat import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sheep and goat meat import price increased by X% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Singapore amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :