Report Update Nov 1, 2024

Myanmar - Sweet Biscuits Without Chocolate - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Sweet Biscuit Market 2024

Sweet Biscuit Market Size in Myanmar

The Myanmar's sweet biscuit market stood at $X in 2021, approximately mirroring the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate significant growth. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in years to come.

Sweet Biscuit Exports

Exports from Myanmar

In 2021, approx. X tons of sweet biscuits were exported from Myanmar; which is down by -2% against 2020 figures. In general, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2017 with an increase of 836% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, sweet biscuit exports reached $X in 2021. Overall, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2019 when exports increased by 642% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

Malaysia (X tons) was the main destination for sweet biscuit exports from Myanmar, with a 79% share of total exports. Moreover, sweet biscuit exports to Malaysia exceeded the volume sent to the second major destination, India (X tons), tenfold. Singapore (X tons) ranked third in terms of total exports with a 6.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Malaysia amounted to +102.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+112.4% per year) and Singapore (+89.1% per year).

In value terms, Malaysia ($X) remains the key foreign market for sweet biscuits exports from Myanmar, comprising 80% of total exports. The second position in the ranking was held by Singapore ($X), with a 3.9% share of total exports. It was followed by India, with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Malaysia stood at +99.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+67.1% per year) and India (+73.0% per year).

Export Prices by Country

The average sweet biscuit export price stood at $X per ton in 2021, picking up by 5.3% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 48% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Australia ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (-1.1%), while the prices for the other major destinations experienced a decline.

Sweet Biscuit Imports

Imports into Myanmar

In 2021, sweet biscuit imports into Myanmar expanded significantly to X tons, surging by 9.4% against the previous year's figure. In general, imports showed significant growth. The pace of growth appeared the most rapid in 2014 with an increase of 657% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, sweet biscuit imports contracted slightly to $X in 2021. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 613% against the previous year. Imports peaked at $X in 2020, and then contracted modestly in the following year.

Imports by Country

Malaysia (X tons), Indonesia (X tons) and China (X tons) were the main suppliers of sweet biscuit imports to Myanmar, with a combined 87% share of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +95.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Indonesia ($X) and Thailand ($X) appeared to be the largest sweet biscuit suppliers to Myanmar, together accounting for 90% of total imports.

In terms of the main suppliers, Indonesia, with a CAGR of +73.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sweet biscuit import price stood at $X per ton in 2021, shrinking by -8.9% against the previous year. Overall, the import price showed a perceptible decrease. The most prominent rate of growth was recorded in 2013 an increase of 13% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Singapore ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+8.9%), 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 sweet biscuits in the world?

The countries with the highest volumes of sweet biscuit consumption in 2020 were China, the U.S. and India, together accounting for 43% of global consumption. Russia, Pakistan, Indonesia, Japan, Brazil, Mexico, Bangladesh, France, Italy and Iran lagged somewhat behind, together accounting for a further 29%.

What are the largest producers of sweet biscuits in the world?

The countries with the highest volumes of sweet biscuit production in 2020 were China, the U.S. and India, together comprising 41% of global production. Mexico, Russia, Indonesia, Pakistan, Brazil, Japan, Bangladesh, Canada, Italy and Spain lagged somewhat behind, together comprising a further 31%.

What are the leading suppliers of sweet biscuits to Myanmar?

In value terms, Indonesia, Malaysia and Vietnam appeared to be the largest sweet biscuit suppliers to Myanmar, together comprising 87% of total imports.

What are the leading importers of sweet biscuits from Myanmar?

In value terms, Malaysia emerged as the key foreign market for sweet biscuit exports from Myanmar, comprising 92% of total exports. The second position in the ranking was occupied by Singapore, with a 4.2% share of total exports.

What is the average export price for sweet biscuits in Myanmar?

The average sweet biscuit export price stood at $2,154 per ton in 2020, dropping by -3.9% against the previous year.

What is the average import price for sweet biscuits in Myanmar?

The average sweet biscuit import price stood at $2,354 per ton in 2020, surging by 5.7% against the previous year.

This report provides an in-depth analysis of the sweet biscuit 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 10721255 - Sweet biscuits (including sandwich biscuits, excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa)

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