Global Dolomite Market
In value terms, dolomite production stood at $ in estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of % against the previous year. Global production peaked at $ in 2018; however, from 2019 to , production remained at a lower figure.
The country with the largest volume of dolomite production was China ( tons), accounting for % of total volume. Moreover, dolomite production in China exceeded the figures recorded by the second-largest producer, the United States ( tons), twofold. Russia ( tons) ranked third in terms of total production with a % share.
In China, dolomite production expanded at an average annual rate of +% over the period from 2007-. In the other countries, the average annual rates were as follows: the United States (+% per year) and Russia (+% per year).
The global dolomite market size was estimated at $ in , picking up by % against 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). Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the global market attained the maximum level at $ in 2018; however, from 2019 to , consumption failed to regain momentum.
From 2007 to , the most notable rate of growth in terms of consumption, amongst the main consuming countries, was attained by Russia (with a CAGR of +%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, the largest dolomite markets worldwide were the United States ($), China ($) and India ($), together comprising % of the global market. These countries were followed by Indonesia, Pakistan, Russia, Nigeria, Democratic Republic of the Congo, Brazil, Japan, Poland, Spain and Hungary, which together accounted for a further %.
Russia, with a CAGR of +%, saw the highest growth rate of market size, among the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.
In , the highest levels of dolomite per capita consumption was registered in Hungary ( kg per person), followed by Spain ( kg per person), Poland ( kg per person) and Russia ( kg per person), while the world average per capita consumption of dolomite was estimated at kg per person.
From 2007 to , the average annual rate of growth in terms of the dolomite per capita consumption in Hungary amounted to +%. In the other countries, the average annual rates were as follows: Spain (-% per year) and Poland (+% per year).