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

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

The Benelux limestone flux and limestone market shrank to $X in 2022, with a decrease of -14% against the previous year. The total consumption indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +9.0% against 2020 indices. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Limestone Flux, Limestone And Calcareous Stone in Benelux

In value terms, limestone flux and limestone production declined to $X in 2022 estimated in export price. In general, production, however, showed a perceptible increase. The pace of growth appeared the most rapid in 2016 with an increase of 62%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Limestone Flux, Limestone And Calcareous Stone

Exports in Benelux

In 2022, exports of limestone flux, limestone and calcareous stone in Benelux rose rapidly to X tons, picking up by 7.9% against 2021. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by 61%. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, limestone flux and limestone exports rose slightly to $X in 2022. The total export value increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of 35%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Belgium prevails in exports structure, finishing at X tons, which was approx. 97% of total exports in 2022. The Netherlands (X tons) held a minor share of total exports.

Belgium experienced a relatively flat trend pattern with regard to volume of exports of limestone flux, limestone and calcareous stone. The Netherlands (-16.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Belgium increased by +13 percentage points.

In value terms, Belgium ($X) remains the largest limestone flux and limestone supplier in Benelux, comprising 86% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 14% share of total exports.

In Belgium, limestone flux and limestone exports expanded at an average annual rate of +2.5% over the period from 2012-2022.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, reducing by -4.6% against the previous year. Export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% 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 export price increased by +92.4% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of 22% against the previous year. The level of export peaked at $X per ton in 2021, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+18.6%).

Imports of Limestone Flux, Limestone And Calcareous Stone

Imports in Benelux

In 2022, approx. X tons of limestone flux, limestone and calcareous stone were imported in Benelux; which is down by -43.4% against the previous year. Over the period under review, imports saw a perceptible slump. The pace of growth appeared the most rapid in 2021 when imports increased by 23% against the previous year. As a result, imports attained the peak of X tons, and then contracted dramatically in the following year.

In value terms, limestone flux and limestone imports declined markedly to $X in 2022. Overall, imports, however, recorded a noticeable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. As a result, imports reached the peak of $X, and then reduced markedly in the following year.

Imports by Country

The Netherlands represented the major importer of limestone flux, limestone and calcareous stone in Benelux, with the volume of imports accounting for X tons, which was near 79% of total imports in 2022. It was distantly followed by Belgium (X tons), committing a 19% share of total imports. Luxembourg (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to limestone flux and limestone imports into the Netherlands stood at -5.5%. At the same time, Belgium (+12.9%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing importer imported in Benelux, with a CAGR of +12.9% from 2012-2022. By contrast, Luxembourg (-2.9%) illustrated a downward trend over the same period. Belgium (+15 p.p.) significantly strengthened its position in terms of the total imports, while the Netherlands saw its share reduced by -15.2% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported limestone flux, limestone and calcareous stone in Benelux, comprising 69% of total imports. The second position in the ranking was taken by Belgium ($X), with a 29% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the Netherlands was relatively modest. In the other countries, the average annual rates were as follows: Belgium (+19.0% per year) and Luxembourg (-1.0% per year).

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, rising by 19% against the previous year. Over the last decade, it increased at an average annual rate of +6.3%. The most prominent rate of growth was recorded in 2013 when the import price increased by 27%. The level of import peaked in 2022 and is likely to continue growth in years to come.

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 Belgium ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform