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

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

The CIS limestone flux and limestone market contracted sharply to $X in 2022, declining by -56.1% against the previous year. In general, consumption showed a notable increase. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Production of Limestone Flux, Limestone And Calcareous Stone in CIS

In value terms, limestone flux and limestone production expanded to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 21%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Limestone Flux, Limestone And Calcareous Stone

Exports in CIS

In 2022, shipments abroad of limestone flux, limestone and calcareous stone increased by 3.1% to X tons, rising for the second consecutive year after two years of decline. Total exports indicated a slight increase from 2012 to 2022: its volume increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +15.4% against 2020 indices. The pace of growth appeared the most rapid in 2018 when exports increased by 26% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, limestone flux and limestone exports rose modestly to $X in 2022. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 39%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Kazakhstan (X tons) and Russia (X tons) dominates exports structure, together constituting 95% of total exports. It was distantly followed by Moldova (X tons), making up a 4.5% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Moldova (with a CAGR of +31.8%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Russia ($X) remains the largest limestone flux and limestone supplier in the CIS, comprising 64% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a 29% share of total exports.

In Russia, limestone flux and limestone exports expanded at an average annual rate of +3.7% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Kazakhstan (-4.9% per year) and Moldova (+24.1% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, leveling off at the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 16% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (-1.1%), while the other leaders experienced a decline in the export price figures.

Imports of Limestone Flux, Limestone And Calcareous Stone

Imports in CIS

In 2022, overseas purchases of limestone flux, limestone and calcareous stone increased by 9.5% to X tons, rising for the second year in a row after two years of decline. Total imports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +29.3% against 2020 indices. The pace of growth was the most pronounced in 2015 with an increase of 160%. Over the period under review, imports reached the peak figure at X tons in 2018; afterwards, it flattened through to 2022.

In value terms, limestone flux and limestone imports soared to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Kyrgyzstan (X tons) was the major importer of limestone flux, limestone and calcareous stone, creating 58% of total imports. Belarus (X tons) took a 36% share (based on physical terms) of total imports, which put it in second place, followed by Russia (4.6%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Kyrgyzstan (with a CAGR of +3.9%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Belarus ($X) constitutes the largest market for imported limestone flux, limestone and calcareous stone in the CIS, comprising 71% of total imports. The second position in the ranking was held by Kyrgyzstan ($X), with a 19% share of total imports.

In Belarus, limestone flux and limestone imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kyrgyzstan (+2.3% per year) and Russia (-2.0% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, increasing by 46% against the previous year. In general, the import price, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2014 an increase of 57% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+3.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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