Pulse Market Situation in Myanmar Swiss Singapore Overseas Enterprises Pte. Ltd., S ingapore....
18
Pulse Market Situation in Myanmar Swiss Singapore Overseas Enterprises Pte. Ltd., Singapore. CICILS/IPTIC 2009 Convention April 17 – 20, 2009 ANTALYA, TURKEY. By L.K. Bangar
-
Upload
roderick-strickland -
Category
Documents
-
view
216 -
download
1
Transcript of Pulse Market Situation in Myanmar Swiss Singapore Overseas Enterprises Pte. Ltd., S ingapore....
Pulse Market Situation in Myanmar
Swiss Singapore Overseas Enterprises Pte. Ltd., Singapore.
CICILS/IPTIC 2009 Convention April 17 – 20, 2009 ANTALYA, TURKEY.
By L.K. Bangar
2 CICILS/IPTIC CONVENTION 2009 APRIL 17-20, 2009. ANTALYA, TURKEY,
Swiss Singapore – an introduction
Swiss Singapore Overseas Enterprises Pte. Ltd. (SSOE) incorporated in 1978 is GTP statuscompany in Singapore with paid up capital of over S$ 32 million. It is part of ADITYA BIRLA GROUP, a USD 24 Billion group, one of multi-faceted, largest & most widespread Industrial groups having a sizeable presence in India and South East Asian Countries.
SSOE, backed by professional team, is committed to provide professional trading services to all global associates with its presence in Dubai, China, Myanmar, Canada, Ivory Coast,Vietnam, Bangladesh, Sri Lanka and Indonesia.
SSOE is engaged in international trading of various commodities including Beans &Pulses, Corn, Rice, Wheat, Feed meal, Oilseeds, Raw Cashew Nuts, Fertilizers,Iron and Steel, Petro-products, timber & Teak Logs, Coal & Coke etc.
SSOE turnover was USD 552 Million in 2003-04, which rose to USD 892 Million in 2004-05, USD 1 Billion in 2005-06, USD 1.2 Billion in 2006-07, USD 1.65 Billion in 2007-08 andestimated to be over USD 2.4 Billion in 2008-09.
3 CICILS/IPTIC CONVENTION 2009 APRIL 17-20, 2009. ANTALYA, TURKEY,
LOCATIONSOUTHEASTERN ASIA
BORDERING ANDAMAN SEA, BAY OF BENGAL, BANGLADESH, CHINA, INDIA, LAOS AND
THAILANDCAPITAL: RANGOON (YANGON)
NOTE: NAY PYI DAW IS ADMINISTRATIVE CAPITALADMINISTRATIVE DIVISIONS: 7 DIVISIONS & 7
STATESMONETORY UNIT: KYAT
LITERACY: 83%ETHINIC GROUP: 135
AREA – LAND: 657,740 SQ. KMWATER: 20,760 SQ. KMPOPULATION: 47 MIL COASTLINE: 1,930 KM
LAND USE: AREABLE LAND : 14.92%PERMANENT CROPS: 1.31%
OTHER: 83.77%
GDP: $83.84 BILLION (2006 EST.)GDP – PER CAPITA (PPP): $1,800 (2006 EST.)
AGRICULTURAL PRODUCTS: RICE, PULSES, BEANS, SESAME, GROUNDNUTS, SUGARCANE, HARDWOOD, FISH & FISH PRODUCTS.
EXPORTS: About $5.0 BILLION F.O.B. (EST.)
AIRPORTS WITH PAVED RUNWAYS: 21
4 CICILS/IPTIC CONVENTION 2009 APRIL 17-20, 2009. ANTALYA, TURKEY,
Beans & Pulses MAJOR SOURCES :
MYANMAR : BLACK MATPE, PIGEON PEAS, GREEN MUNG BEANS, RED KIDNEY BEANS, CHICK PEAS
CANADA : YELLOW PEAS, GREEN PEAS, LENTILS, CHICK PEAS
AUSTRALIA : CHICK PEAS, YELLOW PEAS, LENTILS, DUN PEAS
TANZANIA : PIGEON PEAS, CHICK PEAS.
TURKEY : CHICK PEAS, LENTILS
CHINA : RED KIDNEY BEANS, GREEN MUNG BEANS
MAJOR MARKETS : INDIA : BLACK MATPE, PIGEON PEAS, GREEN MUNG BEANS,
RED KIDNEY BEANS, CHICK PEAS, YELLOW PEAS, GREEN PEAS, DUN PEAS & LENTILS
PAKISTAN : BLACK MATPE, RED KIDNEY BEANS, CHICK PEAS, YELLOW PEAS, LENTILS
U.A.E. : BLACK MATPE, PIGEON PEAS, GREEN MUNG BEANS, CHICK PEAS, YELLOW PEAS, GREEN PEAS & LENTILS
BANGLADESH : CHICK PEAS, BLACK MATPE, YELLOW PEAS & LENTILS
SRI LANKA : LENTILS, BLACK MATPE & GREEN MUNG BEANS
5 CICILS/IPTIC CONVENTION 2009 APRIL 17-20, 2009. ANTALYA, TURKEY,
Factors affecting Import of Pulses
Demand/Supply gap. Weather and Climatic Conditions. Prices in World Market. Emergence of Commodity Exchanges. Prices of other Commodities. Currency Exchange Rates. Changing Preferences. Market sentiments. Domestic Productions in different Countries. Govt. policies. Govt. buying.
6 CICILS/IPTIC CONVENTION 2009 APRIL 17-20, 2009. ANTALYA, TURKEY,
Changes of Sown Areas for Pulses
WORLD 70’s 80’s 90’s
China -5.2% 11.4% -1.1%
Australia -28.7% -30.0% -11.7%
India 272.2% 636.5% 60.1%
Pakistan 2.5% 2.2% -9.7%
USA 28.2% 2.7% -14.9%
Bangladesh 117.1% -24.9% -32.5%
Brazil 30.7% 0.1% -8.5%
Mexico -12.9% 29.0% -26.6%
Myanmar -8.0% 26.3% 247.8%
Source: FAO STAT
7 CICILS/IPTIC CONVENTION 2009 APRIL 17-20, 2009. ANTALYA, TURKEY,
Export of Pulses from Myanmar
Product 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09
Black Matpe 306,530 449,141 423,180 387,851 489,352 506,474 474,777
Toor Whole 362,440 335,018 193,870 203,225 266,660 269,877 371,417
Green Moong Beans 205,110 238,830 225,547 214,407 306,725 299,915 252,097
Chick Peas 73,093 85,500 53,677 31,006 58,521 114,838 82,776
Red Kidney Beans 15,215 25,238 13,967 22,214 24,283 17,814 20,218
Black Eyed Beans 40,930 33,592 51,248 40,172 46,185 50,998 43,976
Butter Beans 17,966 15,203 12,352 11,784 16,520 16,877 14,346
Others 17,104 32,130 28,739 18,834 23,965 35,757 29,763
Total 1,038,388 1,214,652 1,002,580 929,493 1,232,211 1,312,550 1,289,370
PRODUCTWISE EXPORTS: (Quantity in MT)
8 CICILS/IPTIC CONVENTION 2009 APRIL 17-20, 2009. ANTALYA, TURKEY,
Productwise Exports from Myanmar
34%
30%
20%
7% 1% 4% 2%2%
28%
36%
20%
7% 2%3%1%3%TW
BM
GMB
CP
RKB
BEB
BB
OTHERS
19%
43%
23%
5% 1% 5% 1%3%
2002-03 2003-04
2004-05
9 CICILS/IPTIC CONVENTION 2009 APRIL 17-20, 2009. ANTALYA, TURKEY,
22%
43%
23%
3%2% 4%1%2%
39%
25%22%
4%1%2%
2%5% TW
BM
GMB
CP
RKB
BEB
BB
OTHERS2005-06
2006-07
21%
38%
23%
9% 1%4%1%3%
2007-08
29%
37%
20%
6% 2%3%1%2%
2008-09
Productwise Exports from Myanmar
10 CICILS/IPTIC CONVENTION 2009 APRIL 17-20, 2009. ANTALYA, TURKEY,
Pattern of Export of Pulses by Variety
2002-03 to 2008-09 (Average)
38%
22%25%
4%1%2%
2%6%TW
BM
GMB
CP
RKB
BEB
BB
OTHERS
11 CICILS/IPTIC CONVENTION 2009 APRIL 17-20, 2009. ANTALYA, TURKEY,
Export of Pulses from Myanmar
COUNTRY 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09
INDIA 806,017 872,088 574,563 625,350 883,176 821,977 902,910
CHINA 3,198 26,832 138,661 65,094 82,141 178,135 82,338
PAKISTAN 39,532 51,895 58,647 48,257 67,795 58,998 31,030
INDONESIA 57,096 65,895 39,129 36,007 31,034 37,416 28,211
SINGAPORE 31,676 28,899 35,152 34,825 52,930 72,113 125,407
MALAYSIA 23,323 32,325 38,192 31,653 29,995 32,759 31,143
JAPAN 14,620 16,760 14,754 12,438 14,132 15,389 15,879
BANGLADESH 1,732 27,045 19,055 10,510 5,334 4,759 1,032
HONG KONG 8,049 11,773 12,410 8,503 9,019 4,633 1,955
REPUBLIC OF KOREA 9,716 9,371 8,889 8,585 9,986 8,305 7,192
UNITED ARAB EMIRATES 6,836 6,990 4,868 6,292 10,438 29,929 24,202
OTHERS 36,599 64,779 58,260 41,979 36,231 48,137 38,071
Total 1,038,388 1,214,652 1,002,580 929,493 1,232,211 1,312,550 1,289,370
COUNTRYWISE EXPORTS:
(Quantity in MT)
12 CICILS/IPTIC CONVENTION 2009 APRIL 17-20, 2009. ANTALYA, TURKEY,
Countrywise Exports from Myanmar
0%4%
5%3% 7%2%
78%
1%
2%
4%
5%2%3%1% 11%
72%
INDIA
CHINA
PAKISTAN
INDONESIA
SINGAPORE
MALAYSIA
U.A.E.
OTHERS
57%
14%
6%
4%4%
4% 11%0%2002-03 2003-04
2004-05
13 CICILS/IPTIC CONVENTION 2009 APRIL 17-20, 2009. ANTALYA, TURKEY,
Countrywise Exports from Myanmar
67%
7%
5%
4%4% 3%1% 9%
5%
6%
2%4%
2%1%7%
73%
INDIA
CHINA
PAKISTAN
INDONESIA
SINGAPORE
MALAYSIA
U.A.E.
OTHERS
2005-06 2006-07
64%
14%
4%3%
5% 2%2% 6%
71%
6%
2%
10% 2%2% 5%
2%
2007-08 2008-09
14 CICILS/IPTIC CONVENTION 2009 APRIL 17-20, 2009. ANTALYA, TURKEY,
Pattern of Export of Pulses by Country
2002-03 to 2008-09 (Average)
68%
7%
4%
4%5% 3%1% 8% INDIA
CHINA
PAKISTANINDONESIA
SINGAPORE
MALAYSIA
U.A.E.OTHERS
15 CICILS/IPTIC CONVENTION 2009 APRIL 17-20, 2009. ANTALYA, TURKEY,
COUNTRY Toor
Whole
Black Matpe
Green Mung Beans
Chick
Peas
Red Kidney Beans
Black Eye
Beans
Butter Beans
Others Total % of Total
INDIA 250,705 397,776 71,823 71,737 12,920 8,934 - 8,082 821,977 62.62
CHINA - 12,618 127,717 - - 18,288 2,907 16,604 178,135 13.57
PAKISTAN 1,417 37,365 123 14,970 2,227 1,972 - 924 58,998 4.49
INDONESIA 3,067 912 23,060 2,661 - 6,291 - 1,425 37,416 2.85
SINGAPORE 8,184 14,852 23,094 15,291 - 5,069 2,773 2,850 72,113 5.49
MALAYSIA 679 16,714 12,191 828 608 865 10 864 32,759 2.50
UNITED ARAB EMIRATES
4,871 9,524 7,897 5,806 166 1,634 - 32 29,929 2.28
OTHERS 954 16713 34,008 3,545 1,893 7,945 11,187 4,976 81,223 6.20
Total 269,877 506,474 299,915 114,838 17,814 50,998 16,877 35,757 1,312,550
% of Total 20.56 38.59 22.85 8.75 1.35 3.89 1.29 2.72
Export of Main Pulses to Main Countries Year 2007-08
16 CICILS/IPTIC CONVENTION 2009 APRIL 17-20, 2009. ANTALYA, TURKEY,
Export of Main Pulses to Main Countries Year 2008-09
COUNTRY Toor
Whole
Black Matpe
Green Mung Beans
Chick
Peas
Red Kidney Beans
Black Eye
Beans
Butter Beans
Others Total % of Total
INDIA 334,114 400,940 103,184 40,164 13,360 9,107 - 2,041 902,910 70.32
CHINA - 1,579 51,829 , 408 7,999 2,859 18,164 82,838 6.45
PAKISTAN 408 8,429 - 18,342 1,301 1,344 - 1,205 31,029 2.42
INDONESIA 1,567 599 21,015 648 - 4,290 - 92 28,211 2.20
SINGAPORE 27,358 29,750 34,972 17,701 2,072 11,117 1,438 999 125,407 9.76
MALAYSIA 1,490 15,061 11,599 671 507 756 57 1002 31,143 2.43
UNITED ARAB EMIRATES
5,984 5,390 7,712 3,463 121 1,384 101 48 24,203 1.88
OTHERS 496 13,029 21,786 1,787 2,449 8,079 4,455 6,212 58,293 4.54
Total 371,417 474,777 252,097 82,776 20,218 44,076 8,910 29,763 1,284,034
% of Total 28.93 36.98 19.63 6.45 1.57 3.43 0.70 2.31
17 CICILS/IPTIC CONVENTION 2009 APRIL 17-20, 2009. ANTALYA, TURKEY,
Matters of Concern for Myanmar Trade.
Unstable currency exchange rate.
Most of the trade on 100% advance payment basis.
Defaults by local suppliers in Myanmar from time to time.
Foreign companies are not allowed to procure locally in local currency.
Wide and drastic fluctuations in prices, at times 4 – 5 % intraday.
Financing Mechanism for Exports.
Very high informal interest rates.
Exports and Imports subject to Licences.
Frequent variation in Export licence prices.
Majority Banks not handling Myanmar documents.
Govt. direct buying.
18 CICILS/IPTIC CONVENTION 2009 APRIL 17-20, 2009. ANTALYA, TURKEY,
THANK YOU
FRIENDS
From
