Chalk And Dolomite Market

The article discusses the global market trends for chalk and dolomite, highlighting consumption, production, imports, and exports from 2012 to 2022. It provides insights into the market performance, including forecasts for the period up to 2030, with an anticipated growth in market volume and value. The article also covers the major consuming and producing countries, importers, and exporters, along with trends in pricing. Various growth rates, trends, and fluctuations in the market are analyzed, offering a comprehensive overview of the global chalk and dolomite market.

Market Forecast

Driven by increasing demand for chalk and dolomite worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +3.0% for the period from 2022 to 2030, which is projected to bring the market volume to 308M tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +5.3% for the period from 2022 to 2030, which is projected to bring the market value to $31.5B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Chalk And Dolomite

Global chalk and dolomite consumption amounted to 243M tons in 2022, remaining stable against 2021. The total consumption volume increased at an average annual rate of +2.2% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 8.8%. Over the period under review, global consumption reached the maximum volume at 244M tons in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

The global chalk and dolomite market value declined modestly to $20.9B in 2022, leveling off at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.4% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of 8.5% against the previous year. As a result, consumption attained the peak level of $21.4B. From 2020 to 2022, the growth of the global market failed to regain momentum.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were Peru (43M tons), China (40M tons) and Russia (24M tons), with a combined 44% share of global consumption. The United States, Brazil, India, Mexico, Poland, the Philippines and Hungary lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +13.3%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, Peru ($5.7B) led the market, alone. The second position in the ranking was held by the United States ($2.4B). It was followed by Russia.

In Peru, the chalk and dolomite market expanded at an average annual rate of +9.5% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United States (+4.8% per year) and Russia (+0.8% per year).

In 2022, the highest levels of chalk and dolomite per capita consumption was registered in Peru (1,290 kg per person), followed by Hungary (409 kg per person), Russia (168 kg per person) and Poland (147 kg per person), while the world average per capita consumption of chalk and dolomite was estimated at 31 kg per person.

In Peru, chalk and dolomite per capita consumption expanded at an average annual rate of +9.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Hungary (+6.9% per year) and Russia (+0.7% per year).

Production

World Production of Chalk And Dolomite

Global chalk and dolomite production reduced slightly to 238M tons in 2022, approximately equating the year before. The total output volume increased at an average annual rate of +2.0% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of 7.9% against the previous year. Global production peaked at 239M tons in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

In value terms, chalk and dolomite production stood at $20.1B in 2022 estimated in export price. The total output value increased at an average annual rate of +2.0% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2019 with an increase of 11%. As a result, production attained the peak level of $21.9B. From 2020 to 2022, global production growth failed to regain momentum.

Production By Country

The countries with the highest volumes of production in 2022 were Peru (43M tons), China (41M tons) and Russia (24M tons), together accounting for 45% of global production. The United States, Brazil, Mexico, Poland, the Philippines, Canada and Hungary lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +13.0%), while production for the other global leaders experienced more modest paces of growth.

Imports

World Imports of Chalk And Dolomite

In 2022, global imports of chalk and dolomite rose rapidly to 18M tons, surging by 9.3% on 2021. The total import volume increased at an average annual rate of +3.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 27%. Global imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, chalk and dolomite imports declined modestly to $725M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 29%. Global imports peaked at $831M in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports By Country

In 2022, India (5.8M tons) represented the largest importer of chalk and dolomite, mixing up 31% of total imports. It was distantly followed by the United States (2.6M tons), Japan (2.2M tons), the Netherlands (1.2M tons) and Indonesia (0.9M tons), together generating a 38% share of total imports. The following importers - Taiwan (Chinese) (767K tons), Germany (631K tons), Belgium (540K tons), the Czech Republic (493K tons) and the UK (326K tons) - together made up 15% of total imports.

Imports into India increased at an average annual rate of +12.2% from 2012 to 2022. At the same time, Indonesia (+78.5%), the United States (+8.6%), the UK (+7.8%), Belgium (+2.6%) and the Czech Republic (+2.1%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing importer imported in the world, with a CAGR of +78.5% from 2012-2022. Taiwan (Chinese) and the Netherlands experienced a relatively flat trend pattern. By contrast, Germany (-1.3%) and Japan (-4.1%) illustrated a downward trend over the same period. While the share of India (+18 p.p.), the United States (+5.8 p.p.) and Indonesia (+4.9 p.p.) increased significantly in terms of the global imports from 2012-2022, the share of Germany (-1.9 p.p.), the Netherlands (-3.1 p.p.) and Japan (-12.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($118M), Japan ($97M) and the Netherlands ($45M) appeared to be the countries with the highest levels of imports in 2022, together accounting for 36% of global imports. Belgium, Germany, the United States, the UK, Indonesia, Taiwan (Chinese) and the Czech Republic lagged somewhat behind, together comprising a further 24%.

Indonesia, with a CAGR of +40.2%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Imports By Type

Dolomite dominates imports structure, reaching 16M tons, which was near 91% of total imports in 2022. It was distantly followed by chalk (1.6M tons), making up an 8.9% share of total imports.

Dolomite was also the fastest-growing in terms of imports, with a CAGR of +3.3% from 2012 to 2022. chalk (-5.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of dolomite increased by +9.8 percentage points.

In value terms, dolomite ($545M) constitutes the largest type of chalk and dolomite imported worldwide, comprising 78% of global imports. The second position in the ranking was taken by chalk ($151M), with a 22% share of global imports.

From 2012 to 2022, the average annual growth rate of the value of dolomite imports was relatively modest.

Import Prices By Type

In 2022, the average chalk and dolomite import price amounted to $39 per ton, falling by -13.1% against the previous year. In general, the import price saw a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by 10% against the previous year. Over the period under review, average import prices hit record highs at $59 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by the product type; the product with the highest price was chalk ($95 per ton), while the price for dolomite stood at $34 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by chalk (+1.5%).

Import Prices By Country

The average chalk and dolomite import price stood at $39 per ton in 2022, waning by -13.1% against the previous year. Over the period under review, the import price showed a perceptible decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 10% against the previous year. Global import price peaked at $59 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 the UK ($79 per ton), while the United States ($10 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.1%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Chalk And Dolomite

In 2022, global chalk and dolomite exports contracted to 13M tons, with a decrease of -8.7% on the year before. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 41% against the previous year. As a result, the exports attained the peak of 16M tons. From 2021 to 2022, the growth of the global exports failed to regain momentum.

In value terms, chalk and dolomite exports rose to $430M in 2022. The total export value increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when exports increased by 14% against the previous year. The global exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports By Country

Canada (2.5M tons) and the United Arab Emirates (2.4M tons) represented the major exporters of chalk and dolomite in 2022, recording near 18% and 18% of total exports, respectively. China (1.2M tons) took the next position in the ranking, followed by Belgium (1,221K tons), Thailand (1,120K tons), Slovakia (879K tons) and the Philippines (636K tons). All these countries together took approx. 38% share of total exports. Spain (487K tons), Norway (393K tons), France (320K tons), Germany (319K tons), Belarus (296K tons) and South Korea (288K tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of +33.4%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest chalk and dolomite supplying countries worldwide were the United Arab Emirates ($51M), Belgium ($38M) and France ($32M), together accounting for 28% of global exports. China, Spain, Canada, Norway, Germany, Slovakia, Thailand, South Korea, Belarus and the Philippines lagged somewhat behind, together accounting for a further 40%.

Belarus, with a CAGR of +28.7%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Exports By Type

Dolomite prevails in exports structure, recording 12M tons, which was near 94% of total exports in 2022. It was distantly followed by chalk (836K tons), making up a 6.4% share of total exports.

Dolomite experienced a relatively flat trend pattern with regard to volume of exports. chalk (-5.2%) illustrated a downward trend over the same period. While the share of dolomite (+4.8 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of chalk (-4.8 p.p.) displayed negative dynamics.

In value terms, dolomite ($316M) remains the largest type of chalk and dolomite supplied worldwide, comprising 77% of global exports. The second position in the ranking was taken by chalk ($95M), with a 23% share of global exports.

For dolomite, exports increased at an average annual rate of +3.8% over the period from 2012-2022.

Export Prices By Type

In 2022, the average chalk and dolomite export price amounted to $32 per ton, rising by 12% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 20% against the previous year. The global export price peaked at $32 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by the product type; the product with the highest price was chalk ($113 per ton), while the average price for exports of dolomite totaled $26 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by dolomite (+3.0%).

Export Prices By Country

The average chalk and dolomite export price stood at $32 per ton in 2022, picking up by 12% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 20% against the previous year. Over the period under review, the average export prices reached the maximum at $32 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was France ($99 per ton), while the Philippines ($8.2 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.4%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform