Belgium: Calcium Carbonate Market 2024

Calcium Carbonate Market Size in Belgium

In 2021, the Belgian calcium carbonate market increased by 131% to $X, rising for the second year in a row after four years of decline. Over the period under review, consumption continues to indicate resilient growth. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Calcium Carbonate Production in Belgium

In value terms, calcium carbonate production dropped significantly to $X in 2021 estimated in export price. Overall, production continues to indicate a abrupt downturn. The growth pace was the most rapid in 2020 when the production volume increased by 1,118% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Calcium Carbonate Exports

Exports from Belgium

In 2021, overseas shipments of calcium carbonate decreased by -2.2% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports recorded a slight setback. The most prominent rate of growth was recorded in 2019 with an increase of 698%. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, calcium carbonate exports declined slightly to $X in 2021. Overall, exports saw a noticeable shrinkage. The pace of growth appeared the most rapid in 2019 with an increase of 1,039% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for calcium carbonate exports from Belgium, with a 50% share of total exports. Moreover, calcium carbonate exports to Germany exceeded the volume sent to the second major destination, Finland (X tons), threefold. The third position in this ranking was held by the Netherlands (X tons), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled -1.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+35.3% per year) and the Netherlands (+8.0% per year).

In value terms, Germany ($X) remains the key foreign market for calcium carbonate exports from Belgium, comprising 46% of total exports. The second position in the ranking was taken by Finland ($X), with a 17% share of total exports. It was followed by France, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to -4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+36.6% per year) and France (-8.8% per year).

Export Prices by Country

In 2021, the average calcium carbonate export price amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the export price saw a mild contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 50% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Calcium Carbonate Imports

Imports into Belgium

In 2021, calcium carbonate imports into Belgium soared to X tons, picking up by 87% against 2020 figures. In general, imports enjoyed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, calcium carbonate imports soared to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 53% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X tons), France (X tons) and Slovenia (X tons) were the main suppliers of calcium carbonate imports to Belgium, together accounting for 93% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia (with a CAGR of +157.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest calcium carbonate suppliers to Belgium were Germany ($X), France ($X) and the UK ($X), together accounting for 81% of total imports. Greece, Slovenia and the Netherlands lagged somewhat behind, together accounting for a further 12%.

Slovenia, with a CAGR of +149.1%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average calcium carbonate import price stood at $X per ton in 2021, which is down by -25.3% against the previous year. Over the period under review, the import price recorded a abrupt curtailment. The pace of growth was the most pronounced in 2020 when the average import price increased by 46%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Greece ($X per ton), while the price for Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (+19.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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