Sweden: Dolomite Market 2024

Dolomite Market Size in Sweden

In 2021, the Swedish dolomite market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption continues to indicate a perceptible reduction. Dolomite consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Dolomite Production in Sweden

In value terms, dolomite production totaled $X in 2021 estimated in export price. In general, production, however, continues to indicate a pronounced decrease. The growth pace was the most rapid in 2013 with an increase of 12%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

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Dolomite Exports

Exports from Sweden

In 2021, the amount of chalk and dolomite exported from Sweden rose rapidly to X tons, increasing by 11% compared with the previous year. The total export volume increased at an average annual rate of +5.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 13%. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, dolomite exports soared to $X in 2021. Overall, total exports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +75.1% against 2016 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Denmark (X tons), Norway (X tons) and Finland (X tons) were the main destinations of dolomite exports from Sweden, with a combined 91% share of total exports. These countries were followed by Latvia and Estonia, which together accounted for a further 4.6%.

From 2012 to 2021, the biggest increases were recorded for Latvia (with a CAGR of +16.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Denmark ($X) and Finland ($X) constituted the largest markets for dolomite exported from Sweden worldwide, together accounting for 87% of total exports. These countries were followed by Latvia and Estonia, which together accounted for a further 7%.

Among the main countries of destination, Latvia, with a CAGR of +28.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average dolomite export price amounted to $X per ton, picking up by 18% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Latvia ($X per ton), while the average price for exports to Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Dolomite Imports

Imports into Sweden

In 2021, the amount of chalk and dolomite imported into Sweden amounted to X tons, therefore, remained relatively stable against the previous year's figure. The total import volume increased at an average annual rate of +1.5% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2014 when imports increased by 28% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, dolomite imports expanded significantly to $X in 2021. Over the period under review, imports, however, saw a slight contraction. The pace of growth was the most pronounced in 2018 with an increase of 20% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Denmark (X tons), Norway (X tons) and Germany (X tons) were the main suppliers of dolomite imports to Sweden, together comprising 93% of total imports. Spain and the UK lagged somewhat behind, together comprising a further 4.1%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +43.7%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest dolomite suppliers to Sweden were Denmark ($X), Norway ($X) and Germany ($X), together accounting for 87% of total imports. Spain and the UK lagged somewhat behind, together accounting for a further 6.6%.

Among the main suppliers, Spain, with a CAGR of +29.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average dolomite import price stood at $X per ton in 2021, increasing by 8.8% against the previous year. In general, the import price, however, saw a pronounced reduction. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+1.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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