Myanmar: Preserved Pork Market Overview 2021

Preserved Pork Market Size in Myanmar

In 2019, the Myanmar's preserved pork market decreased by -X% to $X, falling for the fourth year in a row after two years of growth. In general, consumption showed a slight shrinkage. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. From 2016 to 2019, the growth of the market failed to regain the momentum.

Preserved Pork Production in Myanmar

In value terms, preserved pork production shrank to $X in 2019 estimated in export prices. Overall, production recorded a pronounced contraction. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. As a result, production attained the peak level of $X. From 2016 to 2019, production growth remained at a somewhat lower figure.

Preserved Pork Exports

Exports from Myanmar

In 2019, approx. X kg of pig meat salted (salted, in brine, dried or smoked) were exported from Myanmar; therefore, remained relatively stable against the previous year's figure. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2008 when exports increased by X% year-to-year. As a result, exports attained the peak of X kg. From 2009 to 2019, the growth exports remained at a lower figure.

In value terms, preserved pork exports totaled $X in 2019. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. As a result, exports attained the peak of $X. From 2009 to 2019, the growth exports remained at a lower figure.

Preserved Pork Imports

Imports into Myanmar

In 2019, supplies from abroad of pig meat salted (salted, in brine, dried or smoked) decreased by -X% to X tonnes for the first time since 2015, thus ending a three-year rising trend. In general, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tonnes in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

In value terms, preserved pork imports shrank dramatically to $X in 2019. Overall, imports showed a drastic downturn. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, Thailand (X tonnes) constituted the largest supplier of preserved pork to Myanmar, with a X% share of total imports. Moreover, preserved pork imports from Thailand exceeded the figures recorded by the second-largest supplier, Singapore (X tonnes), fivefold. The third position in this ranking was occupied by Italy (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Thailand totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (-X% per year) and Italy (+X% per year).

In value terms, Thailand ($X) constituted the largest supplier of preserved pork to Myanmar, comprising X% of total imports. The second position in the ranking was occupied by Singapore ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from Thailand amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+X% per year) and Italy (+X% per year).

Import Prices by Country

The average preserved pork import price stood at $X per tonne in 2019, falling by -X% against the previous year. In general, the import price, however, continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2008 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2018, and then dropped slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Italy ($X per tonne), while the price for Thailand ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Singapore, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pig meat salted (salted, in brine, dried or smoked) in the world?

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The countries with the highest volumes of preserved pork consumption in 2019 were China (1.6M tonnes), the U.S. (833K tonnes) and India (629K tonnes), with a combined 32% share of global consumption. The UK, Brazil, Russia, Indonesia, Japan, Pakistan, Bangladesh, Nigeria and Mexico lagged somewhat behind, together accounting for a further 25%.

What are the largest producers of pig meat salted (salted, in brine, dried or smoked) in the world?

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The countries with the highest volumes of preserved pork production in 2019 were China (1.6M tonnes), the U.S. (834K tonnes) and India (629K tonnes), with a combined 32% share of global production. Brazil, the UK, Russia, Indonesia, Japan, Pakistan, Bangladesh, Nigeria, Mexico and Germany lagged somewhat behind, together accounting for a further 25%.

What are the leading suppliers of pig meat salted (salted, in brine, dried or smoked) to Myanmar?

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In value terms, Thailand ($106K) constituted the largest supplier of preserved pork to Myanmar, comprising 64% of total imports. The second position in the ranking was occupied by Singapore ($35K), with a 21% share of total imports. It was followed by Italy, with a 10% share.

What is the average import price for pig meat salted (salted, in brine, dried or smoked) in Myanmar?

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In 2019, the average preserved pork import price amounted to $7,983 per tonne, falling by -3.4% against the previous year.