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Myanmar - Frozen Catfish Fillets - Market Analysis, Forecast, Size, Trends and Insights
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Frozen Catfish Fillets Market Size in Myanmar
For the fourth year in a row, the Myanmar's frozen catfish fillets market recorded growth in sales value, which increased by X% to $X in 2020. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. As a result, consumption reached the peak level of $X. from 2014 to 2020, the growth of the market failed to regain the momentum.
Frozen Catfish Fillets Production in Myanmar
In value terms, frozen catfish fillets production rose remarkably to $X in 2020 estimated in export prices. In general, the total production indicated a pronounced increase from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, production reached the maximum level in 2020 and is likely to see steady growth in the immediate term.
Frozen Catfish Fillets Exports
Exports from Myanmar
For the third consecutive year, Myanmar recorded decline in overseas shipments of frozen catfish fillets, which decreased by -X% to X tons in 2020. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Exports peaked at X tons in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.
In value terms, frozen catfish fillets exports rose markedly to $X in 2020. Overall, exports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Exports peaked at $X in 2017; however, from 2018 to 2020, exports failed to regain the momentum.
Exports by Country
Saudi Arabia (X tons), the United Arab Emirates (X tons) and Malaysia (X tons) were the main destinations of frozen catfish fillets exports from Myanmar, with a combined X% share of total exports.
From 2007 to 2020, the biggest increases were in Saudi Arabia, while shipments for the other leaders experienced mixed trend patterns.
In value terms, the United Arab Emirates ($X) emerged as the key foreign market for frozen catfish fillets exports from Myanmar, comprising X% of total exports. The second position in the ranking was occupied by Saudi Arabia ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.
From 2007 to 2020, the average annual rate of growth in terms of value to the United Arab Emirates amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+X% per year) and Malaysia (+X% per year).
Export Prices by Country
The average frozen catfish fillets export price stood at $X per ton in 2020, growing by X% against the previous year. In general, the export price enjoyed buoyant growth. The pace of growth was the most pronounced in 2013 when the average export price increased by X% y-o-y. The export price peaked in 2020 and is likely to continue growth in years to come.
Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per ton), while the average price for exports to Greece ($X per ton) was amongst the lowest.
From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates, while the prices for the other major destinations experienced more modest paces of growth.
Frozen Catfish Fillets Imports
Imports into Myanmar
In 2020, purchases abroad of frozen catfish fillets increased by X% to X tons, rising for the third year in a row after two years of decline. In general, total imports indicated a temperate increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% year-to-year. Imports peaked in 2020 and are expected to retain growth in years to come.
In value terms, frozen catfish fillets imports skyrocketed to $X in 2020. Overall, imports continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.
Imports by Country
In 2020, Vietnam (X tons) was the main supplier of frozen catfish fillets to Myanmar, accounting for a X% share of total imports. Moreover, frozen catfish fillets imports from Vietnam exceeded the figures recorded by the second-largest supplier, Thailand (X tons), tenfold.
From 2007 to 2020, the average annual growth rate of volume from Vietnam totaled +X%.
In value terms, Vietnam ($X) constituted the largest supplier of frozen catfish fillets to Myanmar, comprising X% of total imports. The second position in the ranking was occupied by Thailand ($X), with a X% share of total imports.
From 2007 to 2020, the average annual rate of growth in terms of value from Vietnam stood at -X%.
Import Prices by Country
The average frozen catfish fillets import price stood at $X per ton in 2020, waning by -X% against the previous year. Over the period under review, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per ton in 2007; however, from 2008 to 2020, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was Thailand ($X per ton), while the price for Vietnam stood at $X per ton.
From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Thailand.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the frozen catfish fillets 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 2025.
Product coverage:
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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