Earlier Report Observations
The market for sunflower, safflower or cottonseed oil in Myanmar experienced substantial shifts between 2018 and 2023. Volume grew from 69 212 metric tons in 2018 to a high of 91 256 metric tons in 2020, an increase of nearly 32% over two years.
This expansion was followed by a marked contraction, with market volume falling by 22% to 71 049 metric tons in 2021. The decline continued through 2023, when volume reached 60 698 metric tons. The market's fluctuations aligned with volatile import levels, which peaked at over 42 000 tons in 2020 before dropping sharply in subsequent years, while domestic production remained in a stable range of 48 800 to 54 000 tons.
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, 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, 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
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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. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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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
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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
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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
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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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
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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
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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
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production sunflower, safflower or cottonseed oil and fractions in Myanmar
In kind, 2017-2020, K t
Top producers of sunflower, safflower or cottonseed oil and fractions, 2017-2020
World map of production of sunflower, safflower or cottonseed oil and fractions, 2017-2020
Myanmar's production of sunflower, safflower, or cottonseed oil and fractions has declined for the third year in a row. In 2020, the country produced 48.8 thousand tonnes, which was 5.1% lower than in 2019. Over the period from 2017 to 2020, production fell by 20.4%, with a compound annual growth rate of -7.3%.
Annual dynamics of production in Myanmar in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (14.0%) | (2.5%) | (5.1%) | (7.3%) |
Exports sunflower, safflower or cottonseed oil and fractions from Myanmar
Exports in kind, t
In 2019, Myanmar exported 194 tonnes of sunflower, safflower, or cottonseed oil and fractions, marking a 55.9% decrease from the previous year.
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 | (55.9%) | n/a | - |
From 2017 to 2020, China was the dominant buyer of these oils from Myanmar, accounting for 93.4% of total exports in volume.
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, Myanmar's exports of sunflower, safflower, or cottonseed oil and fractions were valued at 169 thousand US dollars, showing a sharp decline of 51.8% 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 | (51.8%) | n/a | - |
Between 2017 and 2020, China and Singapore were the primary buyers of these oils from Myanmar in value terms, together making up 100.0% of total exports.
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, safflower or cottonseed oil and fractions to Myanmar
Imports in kind, t
Myanmar's imports of sunflower, safflower, or cottonseed oil and fractions have risen for the third consecutive year. In 2020, the country imported 42 456 tonnes, which was 69.5% higher than in 2019. Over the 2017-2020 period, imports surged by 800.3%, with a compound annual growth rate of 108.0%.
Annual dynamics of product's imports to Myanmar in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 259.5% | 47.7% | 69.5% | 108.0% |
From 2017 to 2020, Turkey, Ukraine, and Thailand were the key sources for Myanmar's imports in volume, with shares of 30.6%, 29.4%, and 16.7%, respectively. Together, they accounted for 76.6% of total import 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, K $ US
Myanmar's imports of sunflower, safflower, or cottonseed oil and fractions have increased for the third year in a row. In 2020, the import value reached 42 400 thousand US dollars, representing a significant rise of 66.4% from 2019. Over the 2017-2020 span, imports grew by 780.3%, with a compound annual growth rate of 106.5%.
Annual dynamics of product's imports to Myanmar in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 263.7% | 45.5% | 66.4% | 106.5% |
During 2017-2020, Turkey, Ukraine, and Thailand were the main destinations for these oil imports to Myanmar in value terms, with shares of 29.5%, 26.1%, and 20.4%, respectively. Combined, they made up 76.1% of total imports.
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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