Myanmar: Market for Limestone Flux, Limestone And Calcareous Stone 2025

Market Size for Limestone Flux, Limestone And Calcareous Stone in Myanmar

The Myanmar's limestone flux and limestone market dropped slightly to $X in 2022, waning by -2.9% against the previous year. In general, consumption saw a relatively flat trend pattern. Limestone flux and limestone consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Limestone Flux, Limestone And Calcareous Stone in Myanmar

In value terms, limestone flux and limestone production contracted to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 25%. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Exports of Limestone Flux, Limestone And Calcareous Stone

Exports from Myanmar

In 2019, limestone flux and limestone exports from Myanmar skyrocketed to X tons, picking up by 717% compared with 2018 figures. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 63,910% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2019, the growth of the exports remained at a somewhat lower figure.

In value terms, limestone flux and limestone exports soared to $X in 2019. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2017 when exports increased by 29,430%. As a result, the exports reached the peak of $X. From 2018 to 2019, the growth of the exports remained at a lower figure.

Exports by Country

Japan (X tons) was the main destination for limestone flux and limestone exports from Myanmar, with a 83% share of total exports. Moreover, limestone flux and limestone exports to Japan exceeded the volume sent to the second major destination, China (X tons), fivefold.

From 2016 to 2019, the average annual growth rate of volume to Japan totaled -36.0%.

In value terms, Japan ($X) remains the key foreign market for limestone flux, limestone and calcareous stone exports from Myanmar, comprising 90% of total exports. The second position in the ranking was held by China ($X), with a 5.9% share of total exports.

From 2016 to 2019, the average annual rate of growth in terms of value to Japan totaled -37.2%.

Export Prices by Country

The average limestone flux and limestone export price stood at $X per ton in 2019, declining by -23.8% against the previous year. Overall, the export price continues to indicate a precipitous shrinkage. The growth pace was the most rapid in 2018 when the average export price increased by 18% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2019, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2019, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to China stood at $X per ton.

From 2016 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to China (+6.9%).

Imports of Limestone Flux, Limestone And Calcareous Stone

Imports into Myanmar

In 2022, overseas purchases of limestone flux, limestone and calcareous stone decreased by 99.9% to X kg, falling for the second consecutive year after three years of growth. In general, imports showed a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of 982% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, limestone flux and limestone imports dropped sharply to $X in 2022. Over the period under review, imports recorded a significant contraction. The pace of growth was the most pronounced in 2020 when imports increased by 426%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Vietnam (X kg) was the main limestone flux and limestone supplier to Myanmar, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Vietnam stood at -74.8%.

In value terms, Vietnam ($X) constituted the largest supplier of limestone flux, limestone and calcareous stone to Myanmar.

From 2012 to 2022, the average annual growth rate of value from Vietnam stood at -65.0%.

Import Prices by Country

In 2022, the average limestone flux and limestone import price amounted to $X per ton, rising by 417% against the previous year. Over the period under review, the import price recorded a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Vietnam.

From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to +38.8% per year.

Source: IndexBox Platform

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