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

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

The Europe limestone flux and limestone market reduced slightly to $X in 2022, therefore, remained relatively stable against the previous year. In general, consumption saw a slight decline. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Limestone Flux, Limestone And Calcareous Stone in Europe

In value terms, limestone flux and limestone production reduced to $X in 2022 estimated in export price. Overall, production showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Limestone Flux, Limestone And Calcareous Stone

Exports in Europe

In 2022, approx. X tons of limestone flux, limestone and calcareous stone were exported in Europe; dropping by -5.3% against 2021 figures. Total exports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -18.5% against 2018 indices. The most prominent rate of growth was recorded in 2015 when exports increased by 24%. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, limestone flux and limestone exports shrank to $X in 2022. The total export value increased at an average annual rate of +1.4% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when exports increased by 13% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Spain (X tons), Poland (X tons), Belgium (X tons), Russia (X tons), Sweden (X tons), Austria (X tons), France (X tons), Norway (X tons), Slovakia (X tons), Germany (X tons) and the Czech Republic (X tons) represented the main exporter of limestone flux, limestone and calcareous stone in Europe, constituting 96% of total export.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +42.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Spain ($X) and Russia ($X) were the countries with the highest levels of exports in 2022, together comprising 43% of total exports.

Spain, with a CAGR of +45.0%, recorded 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 2022, the export price in Europe amounted to $X per ton, leveling off at the previous year. In general, the export price continues to indicate a slight shrinkage. The pace of growth was the most pronounced in 2021 an increase of 6.7% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while Poland ($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 (+2.0%), while the other leaders experienced more modest paces of growth.

Imports of Limestone Flux, Limestone And Calcareous Stone

Imports in Europe

In 2022, the amount of limestone flux, limestone and calcareous stone imported in Europe contracted to X tons, falling by -14.5% against 2021. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by 30%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, limestone flux and limestone imports fell to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 27% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany represented the key importer of limestone flux, limestone and calcareous stone in Europe, with the volume of imports reaching X tons, which was near 46% of total imports in 2022. The Netherlands (X tons) took the second position in the ranking, followed by Sweden (X tons), Belarus (X tons) and the Czech Republic (X tons). All these countries together took near 38% share of total imports. The following importers - France (X tons) and Ukraine (X tons) - together made up 6.6% of total imports.

From 2012 to 2022, average annual rates of growth with regard to limestone flux and limestone imports into Germany stood at +4.7%. At the same time, Ukraine (+99.2%), Sweden (+14.9%), France (+9.2%), the Czech Republic (+1.7%) and Belarus (+1.1%) displayed positive paces of growth. Moreover, Ukraine emerged as the fastest-growing importer imported in Europe, with a CAGR of +99.2% from 2012-2022. By contrast, the Netherlands (-5.5%) illustrated a downward trend over the same period. While the share of Germany (+17 p.p.), Sweden (+8.2 p.p.), Ukraine (+2.9 p.p.) and France (+2.2 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the Netherlands (-8.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), the Netherlands ($X) and Belarus ($X) were the countries with the highest levels of imports in 2022, together comprising 56% of total imports. Sweden, France, the Czech Republic and Ukraine lagged somewhat behind, together comprising a further 22%.

Ukraine, with a CAGR of +67.4%, recorded the highest growth rate of the value of imports, in terms of 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 2022, rising by 10% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the import price increased by 22%. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belarus ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform