Myanmar: Uncooked Pasta Market 2024

Uncooked Pasta Market Size in Myanmar

The Myanmar's uncooked pasta market shrank to $X in 2021, falling by -7.2% against the previous year. In general, consumption, however, recorded a perceptible descent. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Uncooked Pasta Production in Myanmar

In value terms, uncooked pasta production shrank to $X in 2021 estimated in export price. In general, production, however, continues to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of 28% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Uncooked Pasta Exports

Exports from Myanmar

After four years of growth, shipments abroad of uncooked pasta decreased by -10.3% to X tons in 2021. In general, total exports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when exports increased by 48% against the previous year. The exports peaked at X tons in 2020, and then reduced in the following year.

In value terms, uncooked pasta exports rose significantly to $X in 2021. Over the period under review, total exports indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +101.3% against 2018 indices. The pace of growth was the most pronounced in 2020 with an increase of 49%. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in years to come.

Exports by Country

India (X tons), Singapore (X tons) and Bangladesh (X tons) were the main destinations of uncooked pasta exports from Myanmar, together accounting for 60% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bangladesh (with a CAGR of +99.5%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Bangladesh ($X) and Singapore ($X) appeared to be the largest markets for uncooked pasta exported from Myanmar worldwide, together comprising 48% of total exports.

The United States, with a CAGR of +125.2%, saw the highest growth rate of the value of exports, in terms of 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 uncooked pasta export price stood at $X per ton in 2021, picking up by 28% against the previous year. Overall, export price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, uncooked pasta export price increased by +75.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 38%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; afterwards, it flattened through to 2021.

Prices varied noticeably country of destination: the country with the highest price was Thailand ($X per ton), while the average price for exports to India ($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 Portugal (+72.4%), while the prices for the other major destinations experienced more modest paces of growth.

Uncooked Pasta Imports

Imports into Myanmar

In 2021, the amount of uncooked pasta imported into Myanmar expanded slightly to X tons, picking up by 4% compared with the previous year's figure. Over the period under review, total imports indicated a noticeable expansion from 2012 to 2021: its volume increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +91.6% against 2016 indices. The most prominent rate of growth was recorded in 2015 with an increase of 35%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, uncooked pasta imports skyrocketed to $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 70% against the previous year. Imports peaked at $X in 2012; afterwards, it flattened through to 2021.

Imports by Country

Thailand (X tons), South Korea (X tons) and China (X tons) were the main suppliers of uncooked pasta imports to Myanmar, with a combined 92% share of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +63.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) constituted the largest supplier of uncooked pasta to Myanmar, comprising 64% of total imports. The second position in the ranking was taken by South Korea ($X), with a 27% share of total imports. It was followed by Australia, with a 3.4% share.

From 2012 to 2021, the average annual growth rate of value from Thailand stood at -4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+35.6% per year) and Australia (+35.0% per year).

Import Prices by Country

The average uncooked pasta import price stood at $X per ton in 2021, growing by 30% against the previous year. Over the period under review, the import price, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 when the average import price increased by 38% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, 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 (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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