Earlier Report Observations
Between 2018 and 2020, the market volume for sunflower or safflower oil in Myanmar grew rapidly from 49 100 t to over 73 000 t, driven primarily by a sharp rise in imports which more than doubled during this period.
From 2021 onwards, the market entered a contraction phase, with volume falling to 54 000 t in 2021 and further to 43 000 t in 2022. This decline coincided with a significant 57% increase in import prices per ton in 2022, making imported oil more expensive. Additionally, a reset of the custom duty for crude oils until mid-2022 affected import costs and market access, contributing to the drop in imports.
In 2023, market volume stabilized around 42 000 t as domestic production reached 35 000 t. Import prices began to moderate, with an 11.8% decrease in the average import price recorded in 2024, easing cost pressures on the market.
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
-
4.1. Key Market Indicators
-
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
-
4.1.1. In kind
- 4.2. Market Trends and Factors
-
4.1. Key Market Indicators
-
5. Production
-
5.1. Production in Myanmar
- 5.1.1. Annual dynamics of production in Myanmar in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Myanmar in value, 2018-2023, $ US
-
5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, 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, 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
-
5.1. Production in Myanmar
-
6. Imports
-
6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
-
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
-
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
-
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
-
6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
-
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
-
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
-
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
-
6.1. Imports (Direct Data)
-
7. Exports
-
7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
-
7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Myanmar in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Myanmar by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
-
7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Myanmar in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Myanmar by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
-
7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Myanmar, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Myanmar by countries, 2018-2024, $ US/t
-
7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
-
7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Myanmar in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Myanmar by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
-
7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Myanmar in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Myanmar by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
-
7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Myanmar, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Myanmar by countries, 2018-2024, $ US/t
-
7.1. Exports (Direct Data)
-
8. Trade balance
-
8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
-
8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
-
8.1. Trade balance (Direct Data)
-
9. Top buying and selling countries, 2018-2024
-
9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
-
9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
-
9.1. Direct Data
Production sunflower or safflower oil and fractions in Myanmar
In kind, 2017-2020, K t
Top producers of sunflower or safflower oil and fractions, 2017-2020
World map of production of sunflower or safflower oil and fractions, 2017-2020
Myanmar's production of sunflower or safflower oil and fractions has declined for the third year in a row. In 2020, the country produced 31.0 thousand tons, marking a 3.7% decrease compared to the previous year. Looking at the period from 2017 to 2020, production fell by 20.1%, with an average annual decline of 7.2%.
Annual dynamics of production in Myanmar in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (16.2%) | (0.9%) | (3.7%) | (7.2%) |
Exports sunflower or safflower oil and fractions from Myanmar
Exports in kind, t
In 2019, Myanmar exported 86 tons of sunflower or safflower oil and fractions, which represents a significant drop of 75.6% from the 2018 level.
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 | (75.6%) | n/a | - |
From 2017 to 2020, all of Myanmar's exports of sunflower or safflower oil and fractions in kind were sent to China, making this market completely dominant.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Myanmar in kind, 2017-2020
Exports in value, K $ US
In 2019, the value of Myanmar's sunflower or safflower oil and fractions exports was 51 thousand US dollars, showing a sharp decline of 78.6% compared to the year before.
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 | (78.6%) | n/a | - |
Between 2017 and 2020, Myanmar's exports of sunflower or safflower oil and fractions in value terms were almost entirely focused on China, which accounted for 100.0% of the total.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Myanmar in value, 2017-2020
Imports sunflower or safflower oil and fractions to Myanmar
Imports in kind, t
Myanmar's imports of sunflower or safflower oil and fractions have increased for the third consecutive year. In 2020, imports reached 42 456 tons, reflecting a substantial rise of 69.5% year-over-year. From 2017 to 2020, imports grew by 1 031.6%, translating to an average annual increase of 124.5%.
Annual dynamics of product's imports to Myanmar in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 351.8% | 47.7% | 69.5% | 124.5% |
During the 2017–2020 period, Turkey (with 29.9% of imports in kind), Ukraine (29.7%), and Thailand (16.9%) were the main suppliers of sunflower or safflower oil and fractions to Myanmar, together making up 76.5% of total imports in kind.
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, K $ US
Myanmar's imports of sunflower or safflower oil and fractions in value terms have risen for the third year in a row. In 2020, imports amounted to 42 400 thousand US dollars, indicating a 66.4% increase over the previous year. Over the 2017-2020 span, imports surged by 990.6%, with an average annual growth rate of 121.8%.
Annual dynamics of product's imports to Myanmar in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 350.5% | 45.5% | 66.4% | 121.8% |
From 2017 to 2020, Turkey (28.9% of imports in value terms), Ukraine (26.4%), and Thailand (20.6%) formed the core group of markets for Myanmar's imports in value terms, collectively accounting for 76.0% of the total.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Myanmar in value, 2017-2020
Related Reports
Beef, sheep or goat fat market in Myanmar
2026-03-28
Soybean oil and fractions market in Myanmar
2026-03-28
Sesame oil and fractions market in Myanmar
2026-03-28
Why Choose Us?
Only Verified Data
No Hidden Costs or Separate Fees
Smarter Subscription Pricing
Contact Our Team
Submit your inquiry using the form below — our team will get back to you within 24 hours.