United Arab Emirates: Market for Limestone Flux, Limestone And Calcareous Stone 2024

Market Size for Limestone Flux, Limestone And Calcareous Stone in the United Arab Emirates

The limestone flux and limestone market in the United Arab Emirates soared to $X in 2022, jumping by 52% against the previous year. In general, consumption, however, recorded a drastic downturn. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Limestone Flux, Limestone And Calcareous Stone in the United Arab Emirates

In value terms, limestone flux and limestone production reduced slightly to $X in 2022 estimated in export price. In general, the total production indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +4.5% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of 45% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Limestone Flux, Limestone And Calcareous Stone

Exports from the United Arab Emirates

In 2022, approx. X tons of limestone flux, limestone and calcareous stone were exported from the United Arab Emirates; falling by -7.7% against the previous year's figure. In general, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2013 when exports increased by 65% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2021, and then reduced in the following year.

In value terms, limestone flux and limestone exports fell significantly to $X in 2022. Over the period under review, exports, however, enjoyed a strong increase. The growth pace was the most rapid in 2021 with an increase of 53%. As a result, the exports attained the peak of $X, and then dropped rapidly in the following year.

Exports by Country

India (X tons) was the main destination for limestone flux and limestone exports from the United Arab Emirates, with a approx. 99% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to India stood at +13.0%.

In value terms, India ($X) also remains the key foreign market for limestone flux, limestone and calcareous stone exports from the United Arab Emirates.

From 2012 to 2022, the average annual rate of growth in terms of value to India amounted to +11.0%.

Export Prices by Country

In 2022, the average limestone flux and limestone export price amounted to $X per ton, dropping by -10.4% against the previous year. Over the period under review, the export price recorded a noticeable slump. The growth pace was the most rapid in 2021 an increase of 28%. 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 remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for Kuwait amounted to +3.5% per year.

Imports of Limestone Flux, Limestone And Calcareous Stone

Imports into the United Arab Emirates

In 2022, supplies from abroad of limestone flux, limestone and calcareous stone decreased by -68.6% to X tons, falling for the second year in a row after four years of growth. Overall, imports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2017 with an increase of 2,220% against the previous year. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, limestone flux and limestone imports rose markedly to $X in 2022. Over the period under review, imports, however, posted prominent growth. The most prominent rate of growth was recorded in 2017 when imports increased by 749%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Jordan (X tons) was the main limestone flux and limestone supplier to the United Arab Emirates, with a 96% share of total imports. Moreover, limestone flux and limestone imports from Jordan exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Jordan stood at +60.4%.

In value terms, Jordan ($X) constituted the largest supplier of limestone flux, limestone and calcareous stone to the United Arab Emirates, comprising 94% of total imports. The second position in the ranking was held by India ($X), with a 6.2% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Jordan amounted to +79.4%.

Import Prices by Country

In 2022, the average limestone flux and limestone import price amounted to $X per ton, rising by 234% against the previous year. In general, the import price enjoyed a measured expansion. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 India ($X per ton), while the price for Jordan amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+11.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :