Report Update Nov 1, 2024

Myanmar - Vaccines for Veterinary Medicine - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Veterinary Medicine Vaccines Market 2024

Veterinary Medicine Vaccines Market Size in Myanmar

For the fourth year in a row, the Myanmar's veterinary medicine vaccines market recorded decline in sales value, which decreased by -13.9% to $X in 2021. In general, consumption, however, continues to indicate significant growth. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Veterinary Medicine Vaccines Exports

Exports by Country

Kuwait (X kg) was the main destination for veterinary medicine vaccines exports from Myanmar, with a approx. 100% share of total exports.

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

From 2019 to 2019, the average annual growth rate of value to Kuwait was relatively modest.

Veterinary Medicine Vaccines Imports

Imports into Myanmar

Veterinary medicine vaccines imports into Myanmar shrank to X tons in 2021, declining by -3.5% compared with 2020. Over the period under review, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2017 with an increase of 476% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, veterinary medicine vaccines imports dropped remarkably to $X in 2021. In general, imports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2014 with an increase of 198% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

South Korea (X tons), India (X tons) and Thailand (X tons) were the main suppliers of veterinary medicine vaccines imports to Myanmar, together comprising 52% of total imports. China, Vietnam, Singapore, Hungary, Indonesia, the United States, the Netherlands, Japan and Italy lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +108.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest veterinary medicine vaccines suppliers to Myanmar were Hungary ($X), the Netherlands ($X) and South Korea ($X), together comprising 32% of total imports.

Among the main suppliers, Hungary, with a CAGR of +70.4%, recorded the highest growth rate of 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

In 2021, the average veterinary medicine vaccines import price amounted to $X per ton, declining by -22.5% against the previous year. Overall, the import price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2019 when the average import price increased by 81%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+3.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vaccines for veterinary medicine in the world?

The United States remains the largest veterinary medicine vaccines consuming country worldwide, comprising approx. 39% of total volume. Moreover, veterinary medicine vaccines consumption in the United States exceeded the figures recorded by the second-largest consumer, China, threefold. The third position in this ranking was occupied by India, with a 5.6% share.

What are the largest producers of vaccines for veterinary medicine in the world?

The country with the largest volume of veterinary medicine vaccines production was the United States, accounting for 44% of total volume. Moreover, veterinary medicine vaccines production in the United States exceeded the figures recorded by the second-largest producer, China, threefold. The third position in this ranking was occupied by India, with a 5.8% share.

What are the leading suppliers of vaccines for veterinary medicine to Myanmar?

In value terms, Thailand constituted the largest supplier of veterinary medicine vaccines to Myanmar, comprising 42% of total imports. The second position in the ranking was occupied by Indonesia, with a 7.8% share of total imports. It was followed by the United States, with a 6.2% share.

What is the average export price for vaccines for veterinary medicine in Myanmar?

In 2019, the average veterinary medicine vaccines export price amounted to $45,000 per ton, approximately equating the previous year.

What is the average import price for vaccines for veterinary medicine in Myanmar?

In 2020, the average veterinary medicine vaccines import price amounted to $176,104 per ton, dropping by -27.2% against the previous year.

This report provides an in-depth analysis of the veterinary medicine vaccines 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 21202160 - Vaccines for veterinary medicine

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