CIS: Agglomerated Dolomite Market 2024

Agglomerated Dolomite Market Size in CIS

The CIS agglomerated dolomite market expanded notably to $X in 2022, rising by 11% against the previous year. The total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -10.1% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Agglomerated Dolomite Production in CIS

In value terms, agglomerated dolomite production soared to $X in 2022 estimated in export price. Over the period under review, production showed prominent growth. The pace of growth appeared the most rapid in 2020 when the production volume increased by 170%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Agglomerated Dolomite Exports

Exports in CIS

Agglomerated dolomite exports expanded markedly to X tons in 2022, growing by 10% compared with the year before. Over the period under review, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 1,719% against the previous year. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, agglomerated dolomite exports soared to $X in 2022. Overall, exports saw a resilient increase. The pace of growth appeared the most rapid in 2015 with an increase of 372% against the previous year. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

The shipments of the one major exporters of agglomerated dolomite, namely Russia, represented more than two-thirds of total export.

Russia was also the fastest-growing in terms of the agglomerated dolomite exports, with a CAGR of +54.0% from 2012 to 2022. While the share of Russia (+98 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) also remains the largest agglomerated dolomite supplier in the CIS.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia amounted to +36.7%.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, picking up by 16% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the export price increased by 408%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -11.3% per year.

Agglomerated Dolomite Imports

Imports in CIS

After two years of growth, purchases abroad of agglomerated dolomite decreased by -8.8% to X tons in 2022. Overall, imports, however, saw a perceptible increase. The most prominent rate of growth was recorded in 2013 when imports increased by 95%. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, agglomerated dolomite imports declined slightly to $X in 2022. In general, imports recorded a pronounced reduction. The pace of growth appeared the most rapid in 2016 with an increase of 39%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Russia represented the major importing country with an import of around X tons, which amounted to 65% of total imports. Kazakhstan (X tons) ranks second in terms of the total imports with a 28% share, followed by Moldova (6.2%).

From 2012 to 2022, average annual rates of growth with regard to agglomerated dolomite imports into Russia stood at +10.9%. At the same time, Moldova (+57.1%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest-growing importer imported in the CIS, with a CAGR of +57.1% from 2012-2022. By contrast, Kazakhstan (-6.4%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia and Moldova increased by +36 and +6.2 percentage points, respectively.

In value terms, Kazakhstan ($X), Russia ($X) and Moldova ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 99% share of total imports.

Moldova, with a CAGR of +98.1%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, surging by 6.2% against the previous year. Overall, the import price, however, continues to indicate a abrupt contraction. The growth pace was the most rapid in 2018 an increase of 18%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Moldova ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (+26.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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