Myanmar"s natural stones market, particularly in travertine, has shown dynamic shifts in trade volumes and pricing over recent years. As a calcareous stone, travertine is primarily imported into Myanmar as monumental or building stone, cut or sawn flat. The market"s import dynamics are driven by construction and infrastructure developments, which influence demand and pricing. In 2020, Myanmar imported an impressive 8,133,351 kg of travertine, valued at approximately $1,632,566. 45. This volume represented a significant market input, coinciding with large-scale construction projects. Moving to 2021, the import volume decreased to about 4,362,763 kg, reflecting a value of $824,152. 16, suggesting a potential slowdown in demand or changes in sourcing strategies.
Interestingly, 2022 saw an increase in import volumes, with 7,033,837 kg valued at $1,631,388. 88, indicating renewed interest or expanded projects utilizing travertine. The trend in 2023 presented a varied picture, with imports peaking at 2,475,871 kg valued at $736,214. 99 and showing fluctuations through the year. These shifts suggest potential variability in project timelines or budget allocations influencing the demand for travertine. Projected data for 2024 indicates consistent imports of 1,865,970 kg, valued at $613,270. 87, maintaining the trend seen in 2023. The stable quantities and values suggest Myanmar"s travertine market may have reached a new equilibrium, potentially due to stable construction market demands or changes in price sensitivity among consumers.
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