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

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

In 2022, the Swedish limestone flux and limestone market increased by 73% to $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption continues to indicate prominent growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Limestone Flux, Limestone And Calcareous Stone in Sweden

In value terms, limestone flux and limestone production soared to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.0% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Limestone Flux, Limestone And Calcareous Stone

Exports from Sweden

In 2022, overseas shipments of limestone flux, limestone and calcareous stone decreased by -39.8% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports showed a deep reduction. The pace of growth appeared the most rapid in 2017 with an increase of 30%. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, limestone flux and limestone exports fell notably to $X in 2022. Over the period under review, exports showed a deep downturn. The most prominent rate of growth was recorded in 2017 with an increase of 42% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Finland (X tons) was the main destination for limestone flux and limestone exports from Sweden, accounting for a 82% share of total exports. Moreover, limestone flux and limestone exports to Finland exceeded the volume sent to the second major destination, Poland (X tons), tenfold. Latvia (X tons) ranked third in terms of total exports with a 5.1% share.

From 2012 to 2022, the average annual growth rate of volume to Finland totaled -7.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-6.0% per year) and Latvia (+4.3% per year).

In value terms, Finland ($X) remains the key foreign market for limestone flux, limestone and calcareous stone exports from Sweden, comprising 84% of total exports. The second position in the ranking was held by Germany ($X), with a 7.5% share of total exports. It was followed by Latvia, with a 5.2% share.

From 2012 to 2022, the average annual growth rate of value to Finland stood at -10.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-9.5% per year) and Latvia (+3.0% per year).

Export Prices by Country

In 2022, the average limestone flux and limestone export price amounted to $X per ton, which is down by -15.3% against the previous year. In general, the export price recorded a pronounced slump. The growth pace was the most rapid in 2014 an increase of 22%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.4%), while the prices for the other major destinations experienced a decline.

Imports of Limestone Flux, Limestone And Calcareous Stone

Imports into Sweden

After three years of decline, purchases abroad of limestone flux, limestone and calcareous stone increased by 67% to X tons in 2022. Over the period under review, imports recorded resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, limestone flux and limestone imports skyrocketed to $X in 2022. In general, imports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2016 with an increase of 72% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, France (X tons) constituted the largest supplier of limestone flux and limestone to Sweden, with a 82% share of total imports. Moreover, limestone flux and limestone imports from France exceeded the figures recorded by the second-largest supplier, the UK (X tons), more than tenfold. The third position in this ranking was held by Norway (X tons), with a 5.4% share.

From 2012 to 2022, the average annual growth rate of volume from France amounted to +15.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+26.8% per year) and Norway (+15.4% per year).

In value terms, France ($X) constituted the largest supplier of limestone flux, limestone and calcareous stone to Sweden, comprising 60% of total imports. The second position in the ranking was taken by the UK ($X), with a 14% share of total imports. It was followed by Norway, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from France totaled +11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+34.1% per year) and Norway (+17.1% per year).

Import Prices by Country

The average limestone flux and limestone import price stood at $X per ton in 2022, declining by -5.6% against the previous year. Over the period under review, the import price saw a noticeable shrinkage. The pace of growth appeared the most rapid in 2021 an increase of 24% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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