MERCOSUR: Calcium Carbonate Market 2024

Calcium Carbonate Market Size in MERCOSUR

In 2021, after three years of decline, there was significant growth in the MERCOSUR calcium carbonate market, when its value increased by 12% to $X. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2021 and is expected to retain growth in years to come.

Calcium Carbonate Production in MERCOSUR

In value terms, calcium carbonate production expanded sharply to $X in 2021 estimated in export price. Over the period under review, production, however, showed a slight reduction. The pace of growth appeared the most rapid in 2017 when the production volume increased by 42% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Calcium Carbonate Exports

Exports in MERCOSUR

In 2021, overseas shipments of calcium carbonate increased by 36% to X tons, rising for the third year in a row after six years of decline. In general, exports, however, saw a abrupt slump. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, calcium carbonate exports skyrocketed to $X in 2021. Overall, exports, however, showed a abrupt slump. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Brazil was the main exporting country with an export of around X tons, which reached 50% of total exports. It was distantly followed by Colombia (X tons), Argentina (X tons) and Peru (X tons), together committing a 47% share of total exports. Ecuador (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Brazil (with a CAGR of +7.6%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Brazil ($X) remains the largest calcium carbonate supplier in MERCOSUR, comprising 56% of total exports. The second position in the ranking was taken by Colombia ($X), with a 24% share of total exports. It was followed by Argentina, with a 13% share.

In Brazil, calcium carbonate exports remained relatively stable over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Colombia (-10.0% per year) and Argentina (-4.1% per year).

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per ton, remaining constant against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 24%. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (+4.6%), while the other leaders experienced mixed trends in the export price figures.

Calcium Carbonate Imports

Imports in MERCOSUR

In 2021, approx. X tons of calcium carbonate were imported in MERCOSUR; growing by 15% on 2020. In general, imports enjoyed a moderate expansion. The pace of growth appeared the most rapid in 2013 with an increase of 75%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, calcium carbonate imports skyrocketed to $X in 2021. Overall, imports, however, saw a pronounced downturn. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Brazil (X tons) and Chile (X tons) represented the largest importers of calcium carbonate in MERCOSUR, together comprising 61% of total imports. Ecuador (X tons) took a 14% share (based on physical terms) of total imports, which put it in second place, followed by Colombia (8.4%) and Argentina (5.5%). Paraguay (X tons) and Venezuela (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Ecuador (with a CAGR of +19.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Chile ($X) and Ecuador ($X) constituted the countries with the highest levels of imports in 2021, with a combined 70% share of total imports.

Ecuador, with a CAGR of +25.3%, recorded the highest rates of growth with regard to 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 MERCOSUR stood at $X per ton in 2021, jumping by 18% against the previous year. Over the period under review, the import price, however, recorded a abrupt decline. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Colombia ($X per ton), while Venezuela ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ecuador (+4.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform