Key Market Indicators
Burmese cement imports are set to drop by 15.2% year-on-year from $61.9 million in 2021 to $24.6 million in 2026. Since 2015, demand has fallen by 23.1%. In 2021, Burmese cement imports ranked 41st in the world, with Switzerland overtaking the country at $61.9 million. The Philippines, Sri Lanka, and China ranked 2nd, 3rd, and 4th, respectively. Burmese cement exports skyrocketed by 840.9% year-on-year, from $32.6 million in 2017 to $306.2 million in 2018. In 2018, Burmese cement exports ranked 103rd in the world, with Bahrain overtaking the country at $306.2 million. Canada, Germany, and the United Arab Emirates ranked 2nd, 3rd and 4th, respectively.