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

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

The Danish limestone flux and limestone market skyrocketed to $X in 2022, jumping by 51% against the previous year. In general, the total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +3.8% 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 +43.9% against 2018 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Limestone Flux, Limestone And Calcareous Stone in Denmark

In value terms, limestone flux and limestone production soared to $X in 2022 estimated in export price. Over the period under review, the total production indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +69.1% against 2015 indices. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Limestone Flux, Limestone And Calcareous Stone

Exports from Denmark

After four years of growth, shipments abroad of limestone flux, limestone and calcareous stone decreased by -58.8% to X tons in 2022. Over the period under review, exports, however, recorded a notable expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 52%. Over the period under review, the exports hit record highs at X tons in 2021, and then shrank significantly in the following year.

In value terms, limestone flux and limestone exports reduced markedly to $X in 2022. Overall, exports, however, saw temperate growth. The growth pace was the most rapid in 2020 when exports increased by 34% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then shrank significantly in the following year.

Exports by Country

Sweden (X tons), Germany (X tons) and Latvia (X tons) were the main destinations of limestone flux and limestone exports from Denmark, together accounting for 75% of total exports. Finland, Poland and Norway lagged somewhat behind, together comprising a further 23%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +71.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for limestone flux and limestone exported from Denmark were Germany ($X), Sweden ($X) and Finland ($X), together accounting for 70% of total exports. Latvia, Norway and Poland lagged somewhat behind, together comprising a further 16%.

Poland, with a CAGR of +55.0%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average limestone flux and limestone export price stood at $X per ton in 2022, picking up by 85% against the previous year. In general, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (-0.4%), while the prices for the other major destinations experienced a decline.

Imports of Limestone Flux, Limestone And Calcareous Stone

Imports into Denmark

For the fourth year in a row, Denmark recorded growth in purchases abroad of limestone flux, limestone and calcareous stone, which increased by 33% to X tons in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 44% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, limestone flux and limestone imports soared to $X in 2022. Over the period under review, imports, however, continue to indicate a noticeable decline. The growth pace was the most rapid in 2017 with an increase of 48% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, France (X tons) constituted the largest supplier of limestone flux and limestone to Denmark, with a 66% share of total imports. Moreover, limestone flux and limestone imports from France exceeded the figures recorded by the second-largest supplier, the UK (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume from France was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+35.2% per year) and Germany (-3.6% per year).

In value terms, the largest limestone flux and limestone suppliers to Denmark were France ($X), the UK ($X) and Germany ($X), together comprising 99% of total imports.

In terms of the main suppliers, the UK, with a CAGR of +22.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average limestone flux and limestone import price amounted to $X per ton, which is down by -6.3% against the previous year. In general, the import price showed a noticeable curtailment. The most prominent rate of growth was recorded in 2020 an increase of 38% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-2.1%).

Source: IndexBox Platform

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