Europe: Dolomite Market 2024

Dolomite Market Size in Europe

In 2021, the Europe dolomite market increased by 11% to $X for the first time since 2018, thus ending a two-year declining trend. The total consumption indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -20.7% against 2018 indices. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Dolomite Production in Europe

In value terms, dolomite production expanded markedly to $X in 2021 estimated in export price. The total production indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -22.0% against 2018 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by 27%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Dolomite Exports

Exports in Europe

In 2021, the amount of dolomite exported in Europe surged to X tons, increasing by 16% compared with 2020. The total export volume increased at an average annual rate of +3.4% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, dolomite exports soared to $X in 2021. The total export value increased at an average annual rate of +2.9% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium (X tons) and Slovakia (X tons) represented roughly 55% of total exports in 2021. Spain (X tons) took the next position in the ranking, followed by Norway (X tons) and Germany (X tons). All these countries together held near 32% share of total exports. The following exporters - Belarus (X tons) and the Netherlands (X tons) - each reached a 6.2% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Belarus (with a CAGR of +26.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest dolomite supplying countries in Europe were Norway ($X), Belgium ($X) and Spain ($X), with a combined 50% share of total exports. Slovakia, Germany, the Netherlands and Belarus lagged somewhat behind, together comprising a further 34%.

Belarus, with a CAGR of +19.3%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Europe amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the export price increased by 8.4%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+2.3%), while the other leaders experienced more modest paces of growth.

Dolomite Imports

Imports in Europe

Dolomite imports rose significantly to X tons in 2021, increasing by 14% against the previous year. The total import volume increased at an average annual rate of +3.4% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, dolomite imports soared to $X in 2021. The total import value increased at an average annual rate of +3.7% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the four major importers of dolomite, namely Ukraine, the Netherlands, Germany and the Czech Republic, represented more than two-thirds of total import. The UK (X tons) ranks next in terms of the total imports with a 7.2% share, followed by Poland (6.7%). France (X tons) and Sweden (X tons) held a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Ukraine (with a CAGR of +21.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and the UK ($X) constituted the countries with the highest levels of imports in 2021, with a combined 43% share of total imports.

The UK, with a CAGR of +9.1%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Europe stood at $X per ton in 2021, with an increase of 5.4% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 9.5%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Sweden ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+4.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform