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  • What happened to Myanmar's soybean oil market in 2022?
  • The Myanmar's soybean oil market dropped to $X in 2022, shrinking by -5.7% against the previous year. In general, consumption recorded a abrupt descent. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.
  • Which country imports the most soybean oil to Myanmar?
  • In 2022, Malaysia (X tons) was the main supplier of soybean oil to Myanmar, with a approx. 100% share of total imports. From 2012 to 2022, the average annual rate of growth in terms of volume from Malaysia totaled +23.0%. In value terms, Malaysia ($X) constituted the largest supplier of soybean oil to Myanmar.
  • How did the soybean oil market perform in 2022?
  • Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure. In value terms, soybean oil production totaled $X in 2022 estimated in export price. Over the period under review, production faced a abrupt shrinkage.