Scandinavia: Market for Gypsum, Anhydrite And Limestone 2024

Market Size for Gypsum, Anhydrite And Limestone in Scandinavia

In 2021, the Scandinavia gypsum, anhydrite and limestone market decreased by -4.9% to $X, falling for the fourth consecutive year after two years of growth. In general, consumption, however, showed a noticeable contraction. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Production of Gypsum, Anhydrite And Limestone in Scandinavia

In value terms, gypsum, anhydrite and limestone production fell to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a pronounced setback. The pace of growth appeared the most rapid in 2013 when the production volume increased by 15% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Exports of Gypsum, Anhydrite And Limestone

Exports in Scandinavia

In 2021, shipments abroad of gypsum, anhydrite and limestone increased by 13% to X tons, rising for the second consecutive year after two years of decline. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 24% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, gypsum, anhydrite and limestone exports rose sharply to $X in 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 29% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Sweden was the main exporter of gypsum, anhydrite and limestone in Scandinavia, with the volume of exports amounting to X tons, which was near 68% of total exports in 2021. Norway (X tons) ranks second in terms of the total exports with a 23% share, followed by Denmark (8.2%).

Exports from Sweden decreased at an average annual rate of -1.7% from 2012 to 2021. At the same time, Denmark (+14.7%) and Norway (+6.8%) displayed positive paces of growth. Moreover, Denmark emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +14.7% from 2012-2021. Norway (+9.5 p.p.) and Denmark (+5.7 p.p.) significantly strengthened its position in terms of the total exports, while Sweden saw its share reduced by -15.7% from 2012 to 2021, respectively.

In value terms, Sweden ($X) remains the largest gypsum, anhydrite and limestone supplier in Scandinavia, comprising 55% of total exports. The second position in the ranking was held by Norway ($X), with a 22% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Sweden stood at -2.5%. In the other countries, the average annual rates were as follows: Norway (+7.6% per year) and Denmark (+7.5% per year).

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per ton, which is down by -2.3% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 7.1%. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

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 Denmark ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+0.8%), while the other leaders experienced a decline in the export price figures.

Imports of Gypsum, Anhydrite And Limestone

Imports in Scandinavia

In 2021, after two years of decline, there was significant growth in purchases abroad of gypsum, anhydrite and limestone, when their volume increased by 17% to X tons. In general, imports, however, saw a slight slump. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, gypsum, anhydrite and limestone imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a mild slump. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Sweden represented the key importer of gypsum, anhydrite and limestone in Scandinavia, with the volume of imports reaching X tons, which was approx. 45% of total imports in 2021. Finland (X tons) held the second position in the ranking, followed by Denmark (X tons) and Norway (X tons). All these countries together took approx. 55% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Denmark (with a CAGR of +7.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest gypsum, anhydrite and limestone importing markets in Scandinavia were Sweden ($X), Denmark ($X) and Norway ($X), together comprising 84% of total imports.

Denmark, with a CAGR of +5.1%, recorded the highest growth rate of the value of imports, among 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

In 2021, the import price in Scandinavia amounted to $X per ton, picking up by 3.9% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the import price increased by 25%. The level of import peaked in 2021 and is likely to see steady growth in the immediate term.

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 Norway ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (-0.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform