Earlier Report Observations
The market volume of groundnut oil-cake in Myanmar expanded from 236 thousand tons in 2018 to 308 thousand tons in 2020, primarily due to the government's prohibition on groundnut exports. This ban increased the domestic availability of raw groundnuts for processing, supporting higher production levels. After a minor stabilization in 2021 at 303 thousand tons, the upward trend resumed.
Market volume grew to 334 thousand tons in 2022 and 387 thousand tons in 2023, driven largely by rising imports of oil-cake and solid residues from India. These imports, valued at $9.63 million in 2022 and $6.06 million in 2023, directly added to supply. During this period, regulation of palm oil prices reduced demand for groundnut oil, pressuring local oil-cake production, but increased imports offset this effect and fueled overall market growth.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Myanmar
- 5.1.1. Annual dynamics of production in Myanmar in kind, 2018-2023, K t
- 5.1.2. Annual dynamics of production in Myanmar in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Myanmar
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Myanmar in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Myanmar by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Myanmar in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Myanmar by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Myanmar, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Myanmar by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Myanmar in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Myanmar by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Myanmar in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Myanmar by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Myanmar, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Myanmar by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, t
- 7.1.2. In value, K $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, t
- 7.2.2. In value, K $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production groundnutoil-cake in Myanmar
In kind, 2017-2020, K t
From 2017 to 2020, Myanmar maintained the fourth position globally in groundnutoil-cake production volume.
Top producers of groundnutoil-cake, 2017-2020
World map of production of groundnutoil-cake, 2017-2020
Groundnutoil-cake production in Myanmar grew for the third consecutive year. In 2020, Myanmar produced 307.7 K t of groundnutoil-cake, marking a gradual increase of 7.4% compared to 2019. Over the 2017-2020 period, production rose by 31.9%, with a compound annual growth rate of 9.7%.
Annual dynamics of production in Myanmar in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 1.2% | 21.3% | 7.4% | 9.7% |
Exports groundnutoil-cake from Myanmar
Marketing research shows that Myanmar did not export any groundnutoil-cake between 2017 and 2020.
Imports groundnutoil-cake to Myanmar
Imports in kind, t
In 2020, Myanmar imported 200.1 t of groundnutoil-cake, remaining relatively stable compared to 2019. From 2018 to 2020, imports increased by 154.2%, with a compound annual growth rate of 36.5%.
Annual dynamics of product's imports to Myanmar in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Between 2017 and 2020, the structure of imports in kind was dominated by a single market: India, which accounted for 100.0% of total flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Myanmar in kind, 2017-2020
Imports in value, $ US
In 2020, Myanmar's groundnutoil-cake imports were recorded at 50 020 $ US, showing relative stability from the previous year. Between 2018 and 2020, imports increased by 323.7%, equating to an annualized rate of 61.8%.
Annual dynamics of product's imports to Myanmar in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
From 2017 to 2020, groundnutoil-cake imports to Myanmar were almost exclusively supplied by India, which absorbed 100.0% of total imports in value terms.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Myanmar in value, 2017-2020
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