Myanmar"s sandstone market in 2024 shows significant trade activity, primarily centered on the importation of monumental and building stones, which are cut or sawn. The data reveals a substantial increase in the import volume of these stones compared to previous years, reflecting a robust demand in the construction sector. Specifically, imports amounted to over 7 million kg in 2024, with a total value exceeding $2. 7 million for monumental stones alone. This upward trend contrasts with the import figures from 2021, where the quantities totaled approximately 17 million kg, but with a significantly higher aggregate value of over $2. 8 million, indicating a decrease in per-unit pricing over time. This suggests increased competition and possibly more efficient sourcing strategies in the sandstone sector. Notably, export volumes remain modest, with consistent shipments of just over 10,400 kg per transaction, each valued at approximately $20,368.
This disparity between import and export indicates that Myanmar is primarily a consumer rather than a producer of these processed stones, relying heavily on imports to meet domestic demand. The price per kilogram for imported sandstone appears relatively stable, fluctuating between $0. 34 and $0. 36, demonstrating minimal price volatility. For granite, another significant import, prices have shown a slight increase, with values reaching up to $1. 27 million for approximately 4 million kg. Such trends highlight Myanmar"s growing infrastructure and construction demands, aligning with broader regional development plans, particularly in West Asia, where the demand for high-quality building materials is rising. For businesses looking to navigate this dynamic market, Aritral.
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