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Myanmar - Crude Sunflower-Seed and Safflower Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMyanmar: Market for Crude Sunflower-Seed And Safflower Oil 2024
Market Size for Crude Sunflower-Seed And Safflower Oil in Myanmar
The Myanmar's market for crude sunflower-seed and safflower oil was estimated at less than $X in 2023, remaining relatively unchanged against the previous year. Over the period under review, consumption posted a significant expansion. The pace of growth was the most pronounced in 2019 with a decrease of X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2023, consumption failed to regain momentum.
Production of Crude Sunflower-Seed And Safflower Oil in Myanmar
In value terms, crude sunflower-seed and safflower oil production totaled less than $X in 2023 estimated in export price. Overall, production, however, continues to indicate a deep slump. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2023, production growth failed to regain momentum.
Exports of Crude Sunflower-Seed And Safflower Oil
Exports from Myanmar
In 2018, exports of crude sunflower-seed and safflower oil from Myanmar was estimated at X kg, approximately reflecting 2017 figures. Over the period under review, exports faced a significant contraction. The smallest decline of X% was in 2013. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2018, the exports stood at a somewhat lower figure.
In value terms, crude sunflower-seed and safflower oil exports totaled $X in 2018. Overall, exports recorded a dramatic descent. The smallest decline of X% was in 2013. The exports peaked at $X in 2012; however, from 2013 to 2018, the exports failed to regain momentum.
Exports by Country
Thailand (X kg) was the main destination for crude sunflower-seed and safflower oil exports from Myanmar, accounting for a approx. X% share of total exports.
From 2012 to 2018, the average annual growth rate of volume to Thailand was relatively modest.
From 2012 to 2018, the average annual growth rate of value to Thailand was relatively modest.
Export Prices by Country
The average export price for crude sunflower-seed and safflower oil stood at $X per ton in 2018, therefore, remained relatively stable against the previous year. In general, the export price saw a significant expansion. The most prominent rate of growth was recorded in 2013 a decrease of X%. The export price peaked in 2018 and is likely to see gradual growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Thailand.
From 2012 to 2018, the rate of growth in terms of prices for Thailand amounted to X% per year.
Imports of Crude Sunflower-Seed And Safflower Oil
Imports into Myanmar
In 2020, supplies from abroad of crude sunflower-seed and safflower oil decreased by X% to X tons, falling for the fourth year in a row after two years of growth. Overall, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, imports reached the peak of X tons. From 2017 to 2020, the growth of imports failed to regain momentum.
In value terms, crude sunflower-seed and safflower oil imports totaled $X in 2020. In general, imports faced a precipitous shrinkage. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2020, the growth of imports failed to regain momentum.
Imports by Country
In 2020, Thailand (X tons) was the main supplier of crude sunflower-seed and safflower oil to Myanmar, accounting for a X% share of total imports. Moreover, crude sunflower-seed and safflower oil imports from Thailand exceeded the figures recorded by the second-largest supplier, Malaysia (X kg), more than tenfold.
From 2013 to 2020, the average annual rate of growth in terms of volume from Thailand stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Singapore (X% per year).
In value terms, Thailand ($X) constituted the largest supplier of crude sunflower-seed and safflower oil to Myanmar, comprising X% of total imports. The second position in the ranking was taken by Singapore ($X), with a X% share of total imports.
From 2013 to 2020, the average annual growth rate of value from Thailand totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (X% per year) and Malaysia (X% per year).
Import Prices by Country
The average import price for crude sunflower-seed and safflower oil stood at $X per ton in 2020, standing approx. at the previous year. Over the period under review, the import price showed a abrupt shrinkage. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2020, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was Singapore ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.
From 2013 to 2020, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for crude sunflower-seed and safflower oil 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:
- FCL 268 - Oil of Sunflower Seed
- FCL 281 - Oil of Safflower Seed
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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