Spain: Market for Limestone Flux, Limestone And Calcareous Stone 2025

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

After two years of growth, the Spanish limestone flux and limestone market decreased by -2.9% to $X in 2022. Overall, consumption, however, saw strong growth. As a result, consumption attained the peak level of $X, and then dropped modestly in the following year.

Production of Limestone Flux, Limestone And Calcareous Stone in Spain

In value terms, limestone flux and limestone production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of 245%. As a result, production reached the peak level of $X, and then shrank modestly in the following year.

Exports of Limestone Flux, Limestone And Calcareous Stone

Exports from Spain

In 2022, after three years of growth, there was significant decline in overseas shipments of limestone flux, limestone and calcareous stone, when their volume decreased by -13.9% to X tons. In general, exports, however, showed a significant increase. The growth pace was the most rapid in 2013 when exports increased by 204% against the previous year. The exports peaked at X tons in 2021, and then contracted in the following year.

In value terms, limestone flux and limestone exports declined notably to $X in 2022. Over the period under review, exports, however, showed a significant increase. The growth pace was the most rapid in 2013 when exports increased by 351%. Over the period under review, the exports attained the peak figure at $X in 2021, and then plummeted in the following year.

Exports by Country

Brazil (X tons) was the main destination for limestone flux and limestone exports from Spain, accounting for a 38% share of total exports. Moreover, limestone flux and limestone exports to Brazil exceeded the volume sent to the second major destination, the Netherlands (X tons), twofold. The third position in this ranking was taken by France (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to Brazil totaled +62.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+93.0% per year) and France (+175.7% per year).

In value terms, Brazil ($X) remains the key foreign market for limestone flux, limestone and calcareous stone exports from Spain, comprising 36% of total exports. The second position in the ranking was held by the Netherlands ($X), with an 18% share of total exports. It was followed by France, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Brazil amounted to +62.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+46.0% per year) and France (+104.9% per year).

Export Prices by Country

The average limestone flux and limestone export price stood at $X per ton in 2022, with a decrease of -10.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 48% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to France ($X per ton) and the Netherlands ($X per ton), while the average price for exports to Guinea ($X per ton) and Liberia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+2.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Limestone Flux, Limestone And Calcareous Stone

Imports into Spain

In 2022, overseas purchases of limestone flux, limestone and calcareous stone decreased by -25.8% to X tons, falling for the fourth consecutive year after two years of growth. Over the period under review, imports, however, saw resilient growth. The pace of growth was the most pronounced in 2013 when imports increased by 882% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, limestone flux and limestone imports fell notably to $X in 2022. In general, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2013 with an increase of 569%. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X tons) and the UK (X tons) were the main suppliers of limestone flux and limestone imports to Spain.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +29.4%).

In value terms, the UK ($X) constituted the largest supplier of limestone flux, limestone and calcareous stone to Spain, comprising 65% of total imports. The second position in the ranking was taken by Germany ($X), with a 24% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the UK totaled +67.6%.

Import Prices by Country

In 2022, the average limestone flux and limestone import price amounted to $X per ton, dropping by -24.2% against the previous year. Over the period under review, the import price, however, posted a notable expansion. The growth pace was the most rapid in 2021 an increase of 249% against the previous year. As a result, import price attained the peak level of $X per ton, and then dropped dramatically in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Germany amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+29.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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