Eastern Europe: Calcium Carbonate Market 2024

Calcium Carbonate Market Size in Eastern Europe

The East European calcium carbonate market soared to $X in 2023, with an increase of X% against the previous year. The total consumption indicated pronounced growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2017 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Calcium Carbonate Production in Eastern Europe

In value terms, calcium carbonate production reached $X in 2023 estimated in export price. The total production indicated a moderate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Calcium Carbonate Exports

Exports in Eastern Europe

For the third consecutive year, Eastern Europe recorded decline in overseas shipments of calcium carbonate, which decreased by X% to X tons in 2023. In general, exports, however, continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The volume of export peaked at X tons in 2020; however, from 2021 to 2023, the exports remained at a lower figure.

In value terms, calcium carbonate exports reduced to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X tons) and Latvia (X tons) dominates exports structure, together constituting X% of total exports. Poland (X tons) held the next position in the ranking, followed by Romania (X tons). All these countries together took approx. X% share of total exports. The following exporters - the Czech Republic (X tons), Lithuania (X tons) and Bulgaria (X tons) - together made up X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Bulgaria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) remains the largest calcium carbonate supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a X% share of total exports. It was followed by Russia, with a X% share.

In Poland, calcium carbonate exports increased at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Russia (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2023, surging by X% against the previous year. In general, the export price, however, showed a perceptible reduction. The level of export peaked at $X per ton in 2015; however, from 2016 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per ton), while Latvia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Calcium Carbonate Imports

Imports in Eastern Europe

After three years of decline, supplies from abroad of calcium carbonate increased by X% to X tons in 2023. Total imports indicated a mild expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, calcium carbonate imports skyrocketed to $X in 2023. Total imports indicated slight growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2017 indices. The level of import peaked at $X in 2014; however, from 2015 to 2023, imports failed to regain momentum.

Imports by Country

Russia was the main importer of calcium carbonate in Eastern Europe, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2023. Romania (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Poland (X%), Slovakia (X%), Lithuania (X%) and Latvia (X%). The Czech Republic (X tons) followed a long way behind the leaders.

Imports into Russia decreased at an average annual rate of X% from 2012 to 2023. At the same time, Latvia (X%), Slovakia (X%), Romania (X%), Lithuania (X%) and Poland (X%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2023. By contrast, the Czech Republic (X%) illustrated a downward trend over the same period. Slovakia (X p.p.), Latvia (X p.p.) and Romania (X p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest calcium carbonate importing markets in Eastern Europe were Russia ($X), Poland ($X) and Romania ($X), with a combined X% share of total imports. Slovakia, the Czech Republic, Lithuania and Latvia lagged somewhat behind, together accounting for a further X%.

Slovakia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2023, shrinking by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Poland ($X per ton), while Latvia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Lithuania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform