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

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

The SADC limestone flux and limestone market contracted to $X in 2022, falling by -6.4% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Limestone Flux, Limestone And Calcareous Stone in SADC

In value terms, limestone flux and limestone production fell to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 12% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Exports of Limestone Flux, Limestone And Calcareous Stone

Exports in SADC

In 2022, shipments abroad of limestone flux, limestone and calcareous stone increased by 7.9% to X tons, rising for the second year in a row after three years of decline. In general, exports posted a perceptible expansion. The pace of growth was the most pronounced in 2017 when exports increased by 394%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, limestone flux and limestone exports expanded markedly to $X in 2022. Over the period under review, exports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 234%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

Exports by Country

Tanzania (X tons) and South Africa (X tons) dominates exports structure, together mixing up 96% of total exports. Zimbabwe (X tons) took a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Zimbabwe (with a CAGR of +61.2%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Tanzania ($X) remains the largest limestone flux and limestone supplier in SADC, comprising 78% of total exports. The second position in the ranking was taken by South Africa ($X), with a 19% share of total exports.

In Tanzania, limestone flux and limestone exports expanded at an average annual rate of +36.2% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: South Africa (-7.0% per year) and Zimbabwe (+64.0% per year).

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, flattening at the previous year. Over the period under review, the export price, however, recorded a noticeable increase. The most prominent rate of growth was recorded in 2021 an increase of 109%. As a result, the export price reached the peak level of $X per ton, leveling off in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Tanzania ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zimbabwe (+1.8%), while the other leaders experienced a decline in the export price figures.

Imports of Limestone Flux, Limestone And Calcareous Stone

Imports in SADC

Limestone flux and limestone imports shrank significantly to X tons in 2022, which is down by -28% on the previous year's figure. Overall, imports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 142%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, limestone flux and limestone imports fell dramatically to $X in 2022. Over the period under review, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 204% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Madagascar dominates imports structure, amounting to X tons, which was approx. 94% of total imports in 2022. Zimbabwe (X tons) followed a long way behind the leaders.

Imports into Madagascar increased at an average annual rate of +7.2% from 2012 to 2022. At the same time, Zimbabwe (+23.9%) displayed positive paces of growth. Moreover, Zimbabwe emerged as the fastest-growing importer imported in SADC, with a CAGR of +23.9% from 2012-2022. Madagascar (+17 p.p.) and Zimbabwe (+2.5 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Madagascar ($X) constitutes the largest market for imported limestone flux, limestone and calcareous stone in SADC, comprising 82% of total imports. The second position in the ranking was held by Zimbabwe ($X), with a 6.7% share of total imports.

In Madagascar, limestone flux and limestone imports increased at an average annual rate of +2.6% over the period from 2012-2022.

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, falling by -4% against the previous year. Over the period under review, the import price continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 when the import price increased by 25% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Zimbabwe ($X per ton), while Madagascar totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Madagascar (-4.6%).

Source: IndexBox Platform