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

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

After two years of growth, the Italian limestone flux and limestone market decreased by -71.4% to $X in 2022. Over the period under review, consumption recorded a abrupt curtailment. As a result, consumption attained the peak level of $X, and then shrank significantly in the following year.

Production of Limestone Flux, Limestone And Calcareous Stone in Italy

In value terms, limestone flux and limestone production fell significantly to $X in 2022 estimated in export price. In general, production recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when the production volume increased by 262% against the previous year. As a result, production attained the peak level of $X, and then dropped notably in the following year.

Exports of Limestone Flux, Limestone And Calcareous Stone

Exports from Italy

For the third year in a row, Italy recorded growth in overseas shipments of limestone flux, limestone and calcareous stone, which increased by 7% to X tons in 2022. Over the period under review, exports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 336%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, limestone flux and limestone exports skyrocketed to $X in 2022. In general, exports recorded a modest expansion. The pace of growth was the most pronounced in 2017 with an increase of 315%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Switzerland (X tons) was the main destination for limestone flux and limestone exports from Italy, with a 84% share of total exports. Moreover, limestone flux and limestone exports to Switzerland exceeded the volume sent to the second major destination, Thailand (X tons), more than tenfold. Albania (X tons) ranked third in terms of total exports with a 5.2% share.

From 2012 to 2022, the average annual growth rate of volume to Switzerland amounted to +45.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (0.0% per year) and Albania (0.0% per year).

In value terms, Switzerland ($X) remains the key foreign market for limestone flux, limestone and calcareous stone exports from Italy, comprising 74% of total exports. The second position in the ranking was taken by Thailand ($X), with a 16% share of total exports. It was followed by Albania, with an 8.2% share.

From 2012 to 2022, the average annual growth rate of value to Switzerland stood at +45.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (0.0% per year) and Albania (0.0% per year).

Export Prices by Country

The average limestone flux and limestone export price stood at $X per ton in 2022, increasing by 27% against the previous year. In general, the export price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 736% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to Romania ($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 Bangladesh (+24.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Limestone Flux, Limestone And Calcareous Stone

Imports into Italy

In 2022, approx. X tons of limestone flux, limestone and calcareous stone were imported into Italy; declining by -3% on 2021. Over the period under review, imports saw a precipitous decrease. The most prominent rate of growth was recorded in 2019 with an increase of 118%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, limestone flux and limestone imports soared to $X in 2022. In general, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2019 with an increase of 80% against the previous year. Imports peaked at $X in 2013; however, from 2014 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 Italy, accounting for a 63% share of total imports. Moreover, limestone flux and limestone imports from France exceeded the figures recorded by the second-largest supplier, India (X tons), fourfold. The third position in this ranking was held by Germany (X tons), with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from France amounted to -33.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-12.7% per year) and Germany (+25.2% per year).

In value terms, France ($X) constituted the largest supplier of limestone flux, limestone and calcareous stone to Italy, comprising 37% of total imports. The second position in the ranking was held by India ($X), with a 15% share of total imports. It was followed by the Netherlands, with an 8% share.

From 2012 to 2022, the average annual growth rate of value from France totaled -22.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-7.6% per year) and the Netherlands (-31.8% per year).

Import Prices by Country

In 2022, the average limestone flux and limestone import price amounted to $X per ton, jumping by 67% against the previous year. In general, the import price continues to indicate a strong increase. The growth pace was the most rapid in 2016 an increase of 104% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Germany ($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 (+33.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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