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

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

The Australian limestone flux and limestone market shrank modestly to $X in 2022, standing approx. at the previous year. Over the period under review, consumption, however, saw a perceptible slump. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Limestone Flux, Limestone And Calcareous Stone in Australia

In value terms, limestone flux and limestone production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2016 when the production volume increased by 31% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Limestone Flux, Limestone And Calcareous Stone

Exports from Australia

In 2022, the amount of limestone flux, limestone and calcareous stone exported from Australia rose significantly to X tons, surging by 7% against 2021. Over the period under review, exports showed a prominent expansion. The pace of growth was the most pronounced in 2019 when exports increased by 834%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, limestone flux and limestone exports dropped sharply to $X in 2022. In general, exports, however, continue to indicate a pronounced descent. The pace of growth was the most pronounced in 2019 with an increase of 402% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then shrank notably in the following year.

Exports by Country

Vanuatu (X tons), Papua New Guinea (X tons) and French Polynesia (X tons) were the main destinations of limestone flux and limestone exports from Australia, together accounting for 94% of total exports.

From 2012 to 2022, the biggest increases were recorded for Vanuatu (with a CAGR of +8,538.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Papua New Guinea ($X), Vanuatu ($X) and French Polynesia ($X) constituted the largest markets for limestone flux and limestone exported from Australia worldwide, with a combined 78% share of total exports.

In terms of the main countries of destination, Vanuatu, with a CAGR of +6,811.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average limestone flux and limestone export price stood at $X per ton in 2022, shrinking by -40.5% against the previous year. In general, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of 209% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Fiji ($X per ton), while the average price for exports to Vanuatu ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to French Polynesia (-1.2%), while the prices for the other major destinations experienced a decline.

Imports of Limestone Flux, Limestone And Calcareous Stone

Imports into Australia

In 2022, overseas purchases of limestone flux, limestone and calcareous stone were finally on the rise to reach X tons after two years of decline. Over the period under review, imports showed a mild increase. The pace of growth was the most pronounced in 2018 with an increase of 42% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, limestone flux and limestone imports declined to $X in 2022. Overall, imports recorded temperate growth. The most prominent rate of growth was recorded in 2017 when imports increased by 49%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Japan (X tons) was the main supplier of limestone flux and limestone to Australia, accounting for a approx. 99% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Japan was relatively modest.

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

From 2012 to 2022, the average annual rate of growth in terms of value from Japan totaled +2.4%.

Import Prices by Country

The average limestone flux and limestone import price stood at $X per ton in 2022, reducing by -12.9% against the previous year. In general, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, limestone flux and limestone import price decreased by -24.0% against 2020 indices. The pace of growth appeared the most rapid in 2016 an increase of 36% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +1.7% per year.

Source: IndexBox Platform

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