Australia and Oceania: Market for Limestone Flux, Limestone And Calcareous Stone 2024

Market Size for Limestone Flux, Limestone And Calcareous Stone in Australia and Oceania

The limestone flux and limestone market in Australia and Oceania fell slightly to $X in 2022, flattening at the previous year. Overall, consumption saw a perceptible curtailment. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Limestone Flux, Limestone And Calcareous Stone in Australia and Oceania

In value terms, limestone flux and limestone production contracted to $X in 2022 estimated in export price. Overall, production showed a perceptible curtailment. The most prominent rate of growth was recorded in 2016 when the production volume increased by 24%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Limestone Flux, Limestone And Calcareous Stone

Exports in Australia and Oceania

Limestone flux and limestone exports skyrocketed to X tons in 2022, increasing by 15% on the year before. Overall, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 491% against the previous year. The volume of export peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, limestone flux and limestone exports dropped notably to $X in 2022. Over the period under review, exports, however, continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 333%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Australia prevails in exports structure, recording X tons, which was near 88% of total exports in 2022. It was distantly followed by New Zealand (X tons) and Micronesia (X tons), together comprising a 12% share of total exports.

Australia was also the fastest-growing in terms of the limestone flux, limestone and calcareous stone exports, with a CAGR of +11.8% from 2012 to 2022. At the same time, Micronesia (+6.0%) displayed positive paces of growth. By contrast, New Zealand (-12.0%) illustrated a downward trend over the same period. Australia (+37 p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by -36.8% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest limestone flux and limestone supplier in Australia and Oceania, comprising 88% of total exports. The second position in the ranking was held by New Zealand ($X), with a 9.8% share of total exports.

In Australia, limestone flux and limestone exports plunged by an average annual rate of -4.1% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: New Zealand (-8.3% per year) and Micronesia (+3.2% per year).

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, with a decrease of -38.4% against the previous year. In general, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2016 an increase of 130%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Micronesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+4.2%), while the other leaders experienced a decline in the export price figures.

Imports of Limestone Flux, Limestone And Calcareous Stone

Imports in Australia and Oceania

In 2022, imports of limestone flux, limestone and calcareous stone in Australia and Oceania contracted slightly to X tons, waning by -2.6% on 2021 figures. Overall, imports, however, continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 56%. As a result, imports attained the peak of X tons, and then reduced slightly in the following year.

In value terms, limestone flux and limestone imports contracted to $X in 2022. In general, imports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of 47% against the previous year. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Australia (X tons) and New Caledonia (X tons) was the major importer of limestone flux, limestone and calcareous stone in Australia and Oceania, committing 99% of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by New Caledonia (with a CAGR of +106.1%).

In value terms, Australia ($X) constitutes the largest market for imported limestone flux, limestone and calcareous stone in Australia and Oceania, comprising 70% of total imports. The second position in the ranking was taken by New Caledonia ($X), with a 26% share of total imports.

In Australia, limestone flux and limestone imports increased at an average annual rate of +2.1% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, dropping by -10.4% against the previous year. Overall, the import price saw a slight downturn. The pace of growth appeared the most rapid in 2016 when the import price increased by 71% against the previous year. The level of import peaked at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while New Caledonia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+1.1%).

Source: IndexBox Platform

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