Swine; Live Price in Myanmar - 2022

Swine; Live Price in Myanmar (CIF) - 2022

In November 2022, the average swine; live import price amounted to $1,544 per unit, growing by 351% against the previous month. Overall, the import price showed a moderate expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Thailand.

From December 2021 to November 2022, the rate of growth in terms of prices for Thailand amounted to +2.1% per month.

Swine; Live Price in Myanmar (FOB) - 2022

The average swine; live export price stood at $53 per unit in 2022, standing approx. at the previous year. In general, the export price saw a sharp contraction. The most prominent rate of growth was recorded in 2019 a decrease of -8.7%. Over the period under review, the average export prices attained the maximum at $221 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2016 to 2022, the rate of growth in terms of prices for India amounted to -19.8% per year.

Swine; Live Imports in Myanmar

In 2022, approx. 2.3K units of swine; live were imported into Myanmar; which is down by -63.6% on the previous year's figure. In general, imports continue to indicate a sharp shrinkage. The smallest decline of -57.5% was in 2021. Imports peaked at 36K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, swine; live imports plummeted to $1.9M in 2022. Over the period under review, imports showed a significant contraction. Imports peaked at $9.2M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Swine; Live in Myanmar (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Thailand	8.2	3.8	2.8	1.9	-38.6%
Others	1.0	1.0	N/A	N/A	0.0%
Total	9.2	4.8	2.8	1.9	-40.9%

Top Suppliers of Swine; Live to Myanmar in 2022:

Thailand (2.3K units)

Swine; Live Exports in Myanmar

In 2022, the amount of swine; live exported from Myanmar was estimated at 123 units, almost unchanged from 2021 figures. Overall, exports showed a dramatic setback. The smallest decline of -86% was in 2020. Over the period under review, the exports reached the maximum at 1.8K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, swine; live exports stood at $6.5K in 2022. Over the period under review, exports saw a dramatic slump. The smallest decline of -89% was in 2020. Over the period under review, the exports reached the peak figure at $118K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.