U.S.: Market for Limestone Flux, Limestone And Calcareous Stone 2024

Market Size for Limestone Flux, Limestone And Calcareous Stone in the U.S.

The U.S. limestone flux and limestone market declined to $X in 2022, stabilizing at the previous year. The market value increased at an average annual rate of +2.5% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Limestone flux and limestone consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Limestone Flux, Limestone And Calcareous Stone in the U.S.

In value terms, limestone flux and limestone production fell slightly to $X in 2022. The total output value increased at an average annual rate of +2.5% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2014 when the production volume increased by 13%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Limestone Flux, Limestone And Calcareous Stone

Exports from the U.S.

In 2022, approx. X tons of limestone flux, limestone and calcareous stone were exported from the United States; growing by 23% compared with the year before. In general, exports, however, saw a abrupt decrease. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, limestone flux and limestone exports expanded rapidly to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 52%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Canada (X tons) was the main destination for limestone flux and limestone exports from the United States, accounting for a 94% share of total exports. Moreover, limestone flux and limestone exports to Canada exceeded the volume sent to the second major destination, Bahamas (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Canada stood at -8.3%.

In value terms, Canada ($X) remains the key foreign market for limestone flux, limestone and calcareous stone exports from the United States, comprising 86% of total exports. The second position in the ranking was held by Bahamas ($X), with a 2.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada was relatively modest.

Export Prices by Country

In 2022, the average limestone flux and limestone export price amounted to $X per ton, waning by -8.9% against the previous year. Over the period under review, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +9.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, limestone flux and limestone export price increased by +27.5% against 2018 indices. The pace of growth was the most pronounced in 2013 an increase of 87% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then declined in the following year.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Bahamas totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+9.2%).

Imports of Limestone Flux, Limestone And Calcareous Stone

Imports into the U.S.

In 2022, limestone flux and limestone imports into the United States contracted dramatically to X tons, shrinking by -18.8% against the previous year's figure. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 70%. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, limestone flux and limestone imports amounted to $X in 2022. Overall, total imports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.8% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of 54% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Canada (X tons) constituted the largest supplier of limestone flux and limestone to the United States, accounting for a 65% share of total imports. Moreover, limestone flux and limestone imports from Canada exceeded the figures recorded by the second-largest supplier, the Dominican Republic (X tons), threefold. The third position in this ranking was held by India (X tons), with a 5.2% share.

From 2012 to 2022, the average annual growth rate of volume from Canada was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Dominican Republic (+4.6% per year) and India (+12.8% per year).

In value terms, Canada ($X) constituted the largest supplier of limestone flux, limestone and calcareous stone to the United States, comprising 74% of total imports. The second position in the ranking was held by the Dominican Republic ($X), with a 16% share of total imports. It was followed by India, with a 2.8% share.

From 2012 to 2022, the average annual growth rate of value from Canada stood at +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Dominican Republic (+2.6% per year) and India (+10.0% per year).

Import Prices by Country

The average limestone flux and limestone import price stood at $X per ton in 2022, jumping by 24% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Canada ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+3.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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