Russian Federation: Calcium Carbonate Market 2024

Calcium Carbonate Market Size in the Russian Federation

The Russian calcium carbonate market rose markedly to $X in 2021, picking up by 12% against the previous year. In general, consumption saw a pronounced contraction. Calcium carbonate consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Calcium Carbonate Production in the Russian Federation

In value terms, calcium carbonate production surged to $X in 2021 estimated in export price. Overall, production enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by 32%. Over the period under review, production hit record highs in 2021 and is likely to see steady growth in the near future.

Calcium Carbonate Exports

Exports from the Russian Federation

In 2021, shipments abroad of calcium carbonate was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports recorded a prominent increase. The pace of growth appeared the most rapid in 2015 when exports increased by 108% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, calcium carbonate exports amounted to $X in 2021. Overall, exports, however, recorded a mild slump. The pace of growth was the most pronounced in 2015 with an increase of 84%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Belarus (X tons) was the main destination for calcium carbonate exports from Russia, with a 92% share of total exports. Moreover, calcium carbonate exports to Belarus exceeded the volume sent to the second major destination, Uzbekistan (X tons), more than tenfold. The third position in this ranking was held by Norway (X tons), with a 3.1% share.

From 2012 to 2021, the average annual growth rate of volume to Belarus amounted to +21.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+115.4% per year) and Norway (-30.8% per year).

In value terms, Belarus ($X) emerged as the key foreign market for calcium carbonate exports from Russia, comprising 47% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 19% share of total exports. It was followed by Norway, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Belarus totaled -6.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+79.4% per year) and Norway (-33.7% per year).

Export Prices by Country

In 2021, the average calcium carbonate export price amounted to $X per ton, shrinking by -43.8% against the previous year. Overall, the export price faced a deep contraction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 21%. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Norway (-4.2%), while the prices for the other major destinations experienced a decline.

Calcium Carbonate Imports

Imports into the Russian Federation

In 2021, overseas purchases of calcium carbonate decreased by -9.3% to X tons, falling for the seventh consecutive year after three years of growth. Overall, imports showed a significant curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 17%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, calcium carbonate imports expanded notably to $X in 2021. In general, imports continue to indicate a deep slump. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Turkey (X tons) constituted the largest supplier of calcium carbonate to Russia, with a 80% share of total imports. Moreover, calcium carbonate imports from Turkey exceeded the figures recorded by the second-largest supplier, Finland (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Turkey stood at -24.5%.

In value terms, Turkey ($X) constituted the largest supplier of calcium carbonate to Russia, comprising 40% of total imports. The second position in the ranking was held by Finland ($X), with a 6.4% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey totaled -18.5%.

Import Prices by Country

In 2021, the average calcium carbonate import price amounted to $X per ton, increasing by 24% against the previous year. Over the period under review, the import price saw a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 53%. Over the period under review, average import prices reached the maximum in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($X per ton), while the price for Turkey amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+13.5%).

Source: IndexBox Platform

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