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

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

In 2022, the ASEAN limestone flux and limestone market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption recorded a slight decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Limestone Flux, Limestone And Calcareous Stone in ASEAN

In value terms, limestone flux and limestone production amounted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Limestone Flux, Limestone And Calcareous Stone

Exports in ASEAN

Limestone flux and limestone exports declined rapidly to X tons in 2022, falling by X% on 2021 figures. Total exports indicated a modest increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, limestone flux and limestone exports reduced to $X in 2022. Total exports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Malaysia represented the key exporting country with an export of about X tons, which recorded X% of total exports. The Philippines (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Vietnam (X%) and Thailand (X%).

Malaysia experienced a relatively flat trend pattern with regard to volume of exports of limestone flux, limestone and calcareous stone. At the same time, Vietnam (X%) and the Philippines (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. By contrast, Thailand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Vietnam increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X) remains the largest limestone flux and limestone supplier in ASEAN, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

In Malaysia, limestone flux and limestone exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (X% per year) and Thailand (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2022, jumping by X% against the previous year. Export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced more modest paces of growth.

Imports of Limestone Flux, Limestone And Calcareous Stone

Imports in ASEAN

In 2022, the amount of limestone flux, limestone and calcareous stone imported in ASEAN declined remarkably to X tons, waning by X% on the previous year's figure. Over the period under review, imports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then reduced rapidly in the following year.

In value terms, limestone flux and limestone imports dropped remarkably to $X in 2022. Overall, imports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then fell rapidly in the following year.

Imports by Country

Indonesia was the main importer of limestone flux, limestone and calcareous stone in ASEAN, with the volume of imports finishing at X tons, which was near X% of total imports in 2022. Malaysia (X tons) took the second position in the ranking, distantly followed by Singapore (X tons). All these countries together took approx. X% share of total imports. Cambodia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to limestone flux and limestone imports into Indonesia stood at X%. At the same time, Malaysia (X%) and Cambodia (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer imported in ASEAN, with a CAGR of X% from 2012-2022. By contrast, Singapore (X%) illustrated a downward trend over the same period. Indonesia (X p.p.), Malaysia (X p.p.) and Cambodia (X p.p.) significantly strengthened its position in terms of the total imports, while Singapore saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Indonesia ($X) constitutes the largest market for imported limestone flux, limestone and calcareous stone in ASEAN, comprising X% of total imports. The second position in the ranking was held by Malaysia ($X), with a X% share of total imports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Indonesia amounted to X%. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and Singapore (X% per year).

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per ton, which is down by X% against the previous year. In general, the import price recorded a perceptible slump. The pace of growth was the most pronounced in 2017 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Cambodia ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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