Cote d'Ivoire: Market for Limestone Flux, Limestone And Calcareous Stone 2024

Market Size for Limestone Flux, Limestone And Calcareous Stone in Cote d'Ivoire

The Cote d'Ivoire's limestone flux and limestone market rose to $X in 2022, with an increase of 3.6% against the previous year. The market value increased at an average annual rate of +5.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Limestone Flux, Limestone And Calcareous Stone in Cote d'Ivoire

In value terms, limestone flux and limestone production rose modestly to $X in 2022 estimated in export price. In general, the total production indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.6% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of 52% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Exports of Limestone Flux, Limestone And Calcareous Stone

Exports from Cote d'Ivoire

In 2018, approx. X tons of limestone flux, limestone and calcareous stone were exported from Cote d'Ivoire; stabilizing at 2017 figures. Overall, exports showed a abrupt downturn. The growth pace was the most rapid in 2013 with an increase of 264%. As a result, the exports reached the peak of X tons. From 2014 to 2018, the growth of the exports remained at a lower figure.

In value terms, limestone flux and limestone exports stood at $X in 2018. In general, exports saw a deep setback. The pace of growth was the most pronounced in 2013 when exports increased by 548%. As a result, the exports reached the peak of $X. From 2014 to 2018, the growth of the exports failed to regain momentum.

Exports by Country

Burkina Faso (X tons) was the main destination for limestone flux and limestone exports from Cote d'Ivoire, with a approx. 100% share of total exports.

From 2012 to 2018, the average annual rate of growth in terms of volume to Burkina Faso amounted to +165.2%.

From 2012 to 2018, the average annual rate of growth in terms of value to Burkina Faso totaled +165.1%.

Export Prices by Country

In 2018, the average limestone flux and limestone export price amounted to $X per ton, approximately mirroring the previous year. Overall, the export price recorded notable growth. The pace of growth appeared the most rapid in 2013 an increase of 78% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2018, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2018, the rate of growth in terms of prices for Burkina Faso amounted to -0.1% per year.

Imports of Limestone Flux, Limestone And Calcareous Stone

Imports into Cote d'Ivoire

For the fourth consecutive year, Cote d'Ivoire recorded growth in supplies from abroad of limestone flux, limestone and calcareous stone, which increased by 15% to X tons in 2022. In general, imports showed significant growth. The pace of growth was the most pronounced in 2014 with an increase of 259%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, limestone flux and limestone imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2014 with an increase of 208% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest limestone flux and limestone supplier to Cote d'Ivoire, accounting for a 37% share of total imports. Moreover, limestone flux and limestone imports from Spain exceeded the figures recorded by the second-largest supplier, Tunisia (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume from Spain amounted to +20.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Tunisia (+60.1% per year) and Turkey (+90.7% per year).

In value terms, Spain ($X), Tunisia ($X) and Turkey ($X) appeared to be the largest limestone flux and limestone suppliers to Cote d'Ivoire, with a combined 69% share of total imports.

Turkey, with a CAGR of +61.4%, recorded 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 limestone flux and limestone import price stood at $X per ton in 2022, growing by 15% against the previous year. In general, the import price, however, recorded a deep downturn. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Tunisia ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-8.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform