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Report Myanmar - Gravel and Crushed Stone - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Myanmar - Gravel and Crushed Stone - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Market for Gravel And Crushed Stone 2024

Market Size for Gravel And Crushed Stone in Myanmar

The Myanmar's gravel and crushed stone market was finally on the rise to reach $X in 2021, after six years of decline. Overall, consumption, however, showed a deep slump. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Production of Gravel And Crushed Stone in Myanmar

In value terms, gravel and crushed stone production amounted to $X in 2021 estimated in export price. Over the period under review, production, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2014 when the production volume increased by 44%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Exports of Gravel And Crushed Stone

Exports from Myanmar

In 2021, overseas shipments of gravel and crushed stone increased by 0.8% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports showed measured growth. The most prominent rate of growth was recorded in 2015 with an increase of 287% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, gravel and crushed stone exports soared to $X in 2021. Over the period under review, exports saw a pronounced increase. The most prominent rate of growth was recorded in 2015 when exports increased by 511% against the previous year. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Thailand (X tons) was the main destination for gravel and crushed stone exports from Myanmar, accounting for a 99% share of total exports. It was followed by China (X tons), with a 1.5% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Thailand amounted to +4.1%.

In value terms, Thailand ($X) remains the key foreign market for gravel and crushed stone exports from Myanmar, comprising 99% of total exports. The second position in the ranking was held by China ($X), with a 0.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Thailand stood at +2.5%.

Export Prices by Country

The average gravel and crushed stone export price stood at $X per ton in 2021, with an increase of 18% against the previous year. In general, the export price, however, continues to indicate a slight reduction. The pace of growth was the most pronounced in 2014 when the average export price increased by 117% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to China stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+0.1%).

Imports of Gravel And Crushed Stone

Imports into Myanmar

After two years of decline, purchases abroad of gravel and crushed stone increased by 867% to X tons in 2021. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 920% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in the immediate term.

In value terms, gravel and crushed stone imports skyrocketed to $X in 2021. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) was the main gravel and crushed stone supplier to Myanmar, accounting for a 94% share of total imports. Moreover, gravel and crushed stone imports from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +76.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+21.5% per year) and Vietnam (-4.2% per year).

In value terms, China ($X) constituted the largest supplier of gravel and crushed stone to Myanmar, comprising 99% of total imports. The second position in the ranking was held by Japan ($X), with a 0.8% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at +35.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+34.7% per year) and Vietnam (+17.1% per year).

Import Prices by Country

The average gravel and crushed stone import price stood at $X per ton in 2021, increasing by 336% against the previous year. Over the period under review, the import price, however, saw a deep contraction. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+22.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of gravel and crushed stone consumption was China, comprising approx. 24% of total volume. Moreover, gravel and crushed stone consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fourfold. Japan ranked third in terms of total consumption with a 4.2% share.
China constituted the country with the largest volume of gravel and crushed stone production, comprising approx. 24% of total volume. Moreover, gravel and crushed stone production in China exceeded the figures recorded by the second-largest producer, the United States, fivefold. Japan ranked third in terms of total production with a 4.2% share.
In value terms, the largest gravel and crushed stone suppliers to Myanmar were China, Vietnam and Thailand, with a combined 88% share of total imports.
In value terms, the largest markets for gravel and crushed stone exported from Myanmar were China and Thailand.
The average gravel and crushed stone export price stood at $4.4 per ton in 2021, waning by -62.9% against the previous year.
In 2021, the average gravel and crushed stone import price amounted to $39 per ton, waning by -64.3% against the previous year.

This report provides an in-depth analysis of the market for gravel and crushed stone in Myanmar. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 08121210 - Gravel and pebbles of a kind used for concrete aggregates, f or road metalling or for railway or other ballast, shingle and flint
  • Prodcom 08121230 - Crushed stone of a kind used for concrete aggregates, for road metalling or for railway or other ballast (excluding gravel, p ebbles, shingle and flint)
  • Prodcom 08121250 - Granules, chippings and powder of marble
  • Prodcom 08121290 - Granules, chippings and powder of travertine, ecaussine, granite, porphyry, basalt, sandstone and other monumental stone
  • Prodcom 08121300 - Mixtures of slag and similar industrial waste products, w hether or not incorporating pebbles, gravel, shingle and flint for construction use

Country coverage:

  • Myanmar

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Myanmar
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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