Spain: Calcium Carbonate Market 2024

Calcium Carbonate Market Size in Spain

The Spanish calcium carbonate market rose sharply to $X in 2021, with an increase of 8.3% against the previous year. Overall, consumption, however, continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2017 with an increase of 8.6% against the previous year. Calcium carbonate consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Calcium Carbonate Production in Spain

In value terms, calcium carbonate production expanded markedly to $X in 2021 estimated in export price. Overall, production, however, showed a deep contraction. The pace of growth appeared the most rapid in 2017 with an increase of 12%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Calcium Carbonate Exports

Exports from Spain

In 2021, the amount of calcium carbonate exported from Spain surged to X tons, jumping by 20% compared with the previous year. The total export volume increased at an average annual rate of +2.2% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, calcium carbonate exports soared to $X in 2021. Over the period under review, total exports indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +46.4% against 2018 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons), Morocco (X tons) and Germany (X tons) were the main destinations of calcium carbonate exports from Spain, with a combined 52% share of total exports. Cote d'Ivoire, Portugal, Saudi Arabia, South Africa, Algeria, Guatemala, Colombia, Italy, Brazil and Senegal lagged somewhat behind, together comprising a further 24%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Saudi Arabia (with a CAGR of +60.3%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Morocco ($X) were the largest markets for calcium carbonate exported from Spain worldwide, with a combined 46% share of total exports. Portugal, Colombia, Italy, Algeria, Saudi Arabia, Cote d'Ivoire, Guatemala, South Africa, Brazil and Senegal lagged somewhat behind, together accounting for a further 22%.

Saudi Arabia, with a CAGR of +58.9%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average calcium carbonate export price amounted to $X per ton, picking up by 40% against the previous year. In general, export price indicated a modest increase from 2012 to 2021: its price increased at an average annual rate of +1.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, calcium carbonate export price increased by +28.8% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($X per ton), while the average price for exports to Senegal ($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 Algeria (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Calcium Carbonate Imports

Imports into Spain

In 2021, the amount of calcium carbonate imported into Spain surged to X tons, increasing by 19% on 2020 figures. Over the period under review, imports saw resilient growth. The pace of growth was the most pronounced in 2016 when imports increased by 58% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, calcium carbonate imports skyrocketed to $X in 2021. In general, total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +89.4% against 2017 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Portugal (X tons) constituted the largest calcium carbonate supplier to Spain, with a 64% share of total imports. Moreover, calcium carbonate imports from Portugal exceeded the figures recorded by the second-largest supplier, France (X tons), fourfold. The Netherlands (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Portugal totaled +18.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+7.4% per year) and the Netherlands (+18.9% per year).

In value terms, the largest calcium carbonate suppliers to Spain were Portugal ($X), France ($X) and Germany ($X), together comprising 57% of total imports. These countries were followed by the Netherlands, the UK, Belgium and Turkey, which together accounted for a further 34%.

Among the main suppliers, Turkey, with a CAGR of +102.3%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average calcium carbonate import price amounted to $X per ton, with an increase of 16% against the previous year. Over the period under review, the import price, however, showed a abrupt decrease. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+19.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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