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

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

The MERCOSUR limestone flux and limestone market fell to $X in 2022, flattening at the previous year. Overall, consumption continues to indicate a slight descent. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Limestone Flux, Limestone And Calcareous Stone in MERCOSUR

In value terms, limestone flux and limestone production reached $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible descent. The pace of growth was the most pronounced in 2013 with an increase of 6.5%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Exports of Limestone Flux, Limestone And Calcareous Stone

Exports in MERCOSUR

In 2022, shipments abroad of limestone flux, limestone and calcareous stone decreased by -39.8% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 74% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, limestone flux and limestone exports declined remarkably to $X in 2022. Overall, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 96% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Brazil (X tons) represented the main exporter of limestone flux, limestone and calcareous stone, mixing up 66% of total exports. It was distantly followed by Argentina (X tons), mixing up a 34% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Brazil (with a CAGR of +24.1%).

In value terms, Argentina ($X) remains the largest limestone flux and limestone supplier in MERCOSUR, comprising 70% of total exports. The second position in the ranking was held by Brazil ($X), with a 29% share of total exports.

In Argentina, limestone flux and limestone exports decreased by an average annual rate of -17.0% over the period from 2012-2022.

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, with an increase of 13% against the previous year. In general, the export price, however, continues to indicate a perceptible descent. The growth pace was the most rapid in 2019 when the export price increased by 23%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Argentina ($X per ton), while Brazil amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+3.2%).

Imports of Limestone Flux, Limestone And Calcareous Stone

Imports in MERCOSUR

After four years of growth, supplies from abroad of limestone flux, limestone and calcareous stone decreased by -1.4% to X tons in 2022. Overall, imports, however, showed a modest increase. The pace of growth appeared the most rapid in 2013 with an increase of 72%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, limestone flux and limestone imports rose rapidly to $X in 2022. In general, imports, however, recorded a strong increase. The growth pace was the most rapid in 2013 with an increase of 53% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Imports by Country

Brazil represented the largest importer of limestone flux, limestone and calcareous stone in MERCOSUR, with the volume of imports resulting at X tons, which was near 81% of total imports in 2022. It was distantly followed by Peru (X tons) and Chile (X tons), together constituting a 19% share of total imports.

Imports into Brazil increased at an average annual rate of +1.6% from 2012 to 2022. At the same time, Peru (+35.9%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +35.9% from 2012-2022. By contrast, Chile (-3.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Peru increased by +10 percentage points.

In value terms, Brazil ($X) constitutes the largest market for imported limestone flux, limestone and calcareous stone in MERCOSUR, comprising 65% of total imports. The second position in the ranking was taken by Chile ($X), with a 30% share of total imports.

In Brazil, limestone flux and limestone imports increased at an average annual rate of +10.3% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Chile (+7.4% per year) and Peru (+14.2% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, rising by 14% against the previous year. Import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, limestone flux and limestone import price increased by +101.9% against 2013 indices. The pace of growth appeared the most rapid in 2017 when the import price increased by 19% against the previous year. Over the period under review, import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Chile ($X per ton), while Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+11.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform