Market research

Soybean oil and fractions market in Myanmar

$Soybean oil and fractions market in Myanmar$

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:

Report language:

Submission method: to your account

File format: docx, xlsx

Single Report

$500

Instant access to detailed data on one specific market
Ideal for one-off tasks: niche assessments, presentations, investment decisions
Available in Excel and Word in 15 minutes after purchase
Cheaper than subscription, but each market requires a separate purchase

Best if you know exactly what you need

Buy a single report

Platform Subscription

from$600

Complete and unlimited data access across products and regions
Includes continuous data updates during subscription period
Download reports instantly in Word, and Excel formats
More cost-effective for multiple markets or regular analysis

Ideal for regular data users

View pricing plans

Earlier Report Observations

Myanmar's market for soybean oil and fractions saw a steady decline in volume from 19 475 т in 2018 to 14 868 т in 2022, with domestic production falling each year and imports fluctuating without reversing the overall contraction.

The market rebounded in 2023, reaching 16 286 т, as imports jumped to 886 т from a low of 168 т in 2022. This recovery was driven by increased shipments from Thailand, which strengthened its role as Myanmar's largest supplier of soybean oil.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Myanmar
  1. 5.1.1. Annual dynamics of production in Myanmar in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Myanmar in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Myanmar in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Myanmar by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Myanmar in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Myanmar by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Myanmar, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Myanmar by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Myanmar in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Myanmar by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Myanmar in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Myanmar by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Myanmar, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Myanmar by countries, 2018-2024, $ US/t
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, t
  2. 7.1.2. In value, K $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, t
  2. 7.2.2. In value, K $ US
8. Top buying and selling countries, 2018-2024
1. 8.1. Direct Data
  1. 8.1.1. Import in Value by Countries-buyers
  2. 8.1.2. Export in Value by Countries-suppliers
2. 8.2. Mirror Data
  1. 8.2.1. Import in Value by Countries-buyers
  2. 8.2.2. Export in Value by Countries-suppliers

Production soybean oil and fractions in Myanmar

In kind, 2017-2020, t

Top producers of soybean oil and fractions, 2017-2020

Source: SHEV.io

World map of production of soybean oil and fractions, 2017-2020

Source: SHEV.io

Myanmar's production of soybean oil and fractions has declined for two consecutive years. In 2020, the country produced 16,800 tonnes, representing a 6.7% decrease compared to the previous year. Looking at the period from 2017 to 2020, overall production fell by 5.6%, which translates to an average annual decline of 1.9%. Production peaked in 2018 at 19,000 tonnes, with that year also seeing the largest increase of 6.7%.

Annual dynamics of production in Myanmar in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	6.7%	(5.3%)	(6.7%)	(1.9%)

Source: SHEV.io

Exports soybean oil and fractions from Myanmar

Exports in kind, t

Annual dynamics of product's exports from Myanmar in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

From 2017 to 2020, Singapore was consistently the primary destination for Myanmar's soybean oil and fractions exports in volume terms, accounting for 100.0% of total shipments.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Myanmar in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Annual dynamics of product's exports from Myanmar in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

During the 2017–2020 period, Singapore overwhelmingly dominated as the main market for Myanmar's soybean oil and fractions exports in value terms, representing 100.0% of total export revenue.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Myanmar in value, 2017-2020

Source: SHEV.io

Imports soybean oil and fractions to Myanmar

Imports in kind, t

The data shows irregular fluctuations, pointing to a volatile market environment. Import volumes reached their lowest point in 2018 at 475 tonnes, then rebounded to 1,302 tonnes in 2020—a 66.6% increase from 2019. Between the peak in 2017 and the trough in 2018, volumes varied by a factor of 4.4. The sharpest decline occurred in 2018, dropping by 77.3%.

Annual dynamics of product's imports to Myanmar in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(77.3%)	64.6%	66.6%	(14.6%)

Source: SHEV.io

Between 2017 and 2020, Thailand and Malaysia were the dominant sources for Myanmar's soybean oil and fractions imports in volume terms, together accounting for 81.5% of total imports, while other countries held significantly smaller shares.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Myanmar in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

The data indicates irregular changes, reflecting a volatile market environment. Import values hit their lowest level in 2018 at 563,000 US dollars, then rose to an unspecified amount in 2020, marking a 68.8% increase from the previous year. From the high in 2017 to the low in 2018, values varied by a factor of 4.2. The most substantial decline was recorded in 2018, falling by 76.2%.

Annual dynamics of product's imports to Myanmar in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(76.2%)	29.7%	68.8%	(19.6%)

Source: SHEV.io

From 2017 to 2020, Thailand and Malaysia were the key markets for Myanmar's soybean oil and fractions imports in value terms, jointly representing 82.5% of total import spending, with the remainder distributed among other destinations.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Myanmar in value, 2017-2020

Source: SHEV.io