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

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

The Tanzanian limestone flux and limestone market stood at $X in 2022, increasing by 1.8% against the previous year. In general, consumption, however, showed a pronounced curtailment. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Limestone Flux, Limestone And Calcareous Stone in Tanzania

In value terms, limestone flux and limestone production amounted to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2017 when the production volume increased by 21% against the previous year. Limestone flux and limestone production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Limestone Flux, Limestone And Calcareous Stone

Exports from Tanzania

In 2022, after six years of growth, there was significant decline in overseas shipments of limestone flux, limestone and calcareous stone, when their volume decreased by -24.9% to X tons. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,042%. As a result, the exports reached the peak of X tons, and then fell rapidly in the following year.

In value terms, limestone flux and limestone exports amounted to $X in 2022. In general, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 1,682%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

Burundi (X tons) was the main destination for limestone flux and limestone exports from Tanzania, with a 92% share of total exports. Moreover, limestone flux and limestone exports to Burundi exceeded the volume sent to the second major destination, Kenya (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Burundi stood at +208.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (+121.1% per year) and Democratic Republic of the Congo (-1.6% per year).

In value terms, Burundi ($X) remains the key foreign market for limestone flux, limestone and calcareous stone exports from Tanzania, comprising 99% of total exports. The second position in the ranking was held by Kenya ($X), with a 0.9% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Burundi totaled +231.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (+79.0% per year) and Democratic Republic of the Congo (-13.6% per year).

Export Prices by Country

The average limestone flux and limestone export price stood at $X per ton in 2022, with an increase of 37% against the previous year. Over the period under review, the export price, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2021 an increase of 56%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Burundi ($X per ton), while the average price for exports to Kenya ($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 Burundi (+7.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Limestone Flux, Limestone And Calcareous Stone

Imports into Tanzania

In 2022, overseas purchases of limestone flux, limestone and calcareous stone were finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 71% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, limestone flux and limestone imports surged to $X in 2022. Overall, imports, however, continue to indicate a noticeable descent. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Mauritius (X tons) constituted the largest supplier of limestone flux and limestone to Tanzania, with a 60% share of total imports. Moreover, limestone flux and limestone imports from Mauritius exceeded the figures recorded by the second-largest supplier, Kenya (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume from Mauritius amounted to +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Kenya (-1.5% per year) and Zambia (+10.2% per year).

In value terms, Mauritius ($X) constituted the largest supplier of limestone flux, limestone and calcareous stone to Tanzania, comprising 97% of total imports. The second position in the ranking was taken by Kenya ($X), with a 2% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Mauritius totaled -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Kenya (+2.3% per year) and Zambia (+15.5% per year).

Import Prices by Country

The average limestone flux and limestone import price stood at $X per ton in 2022, picking up by 86% against the previous year. Overall, the import price enjoyed prominent growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 182%. The import price peaked in 2022 and is likely to see steady growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zambia (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform