Market for Limestone Flux And Limestone in Chile
Market Overview
After three years of growth, the Chilean limestone flux and limestone market decreased by -
% to $ in . Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $ in 2017; however, from 2018 to , consumption failed to regain momentum.
In value terms, limestone flux and limestone production dropped to $ in estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by %. Limestone flux and limestone production peaked at $ in 2017; however, from 2018 to , production stood at a somewhat lower figure.
% to $ in . Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $ in 2017; however, from 2018 to , consumption failed to regain momentum.In value terms, limestone flux and limestone production dropped to $
in estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by %. Limestone flux and limestone production peaked at $ in 2017; however, from 2018 to , production stood at a somewhat lower figure.Consumption
In , consumption of limestone flux, limestone and calcareous stone in Chile contracted slightly to tons, remaining stable against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Limestone flux and limestone consumption peaked at tons in 2017; however, from 2018 to , consumption remained at a lower figure.
The revenue of the limestone flux and limestone market in Chile dropped to $ in , remaining stable 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). Overall, consumption, however, saw a relatively flat trend pattern. Limestone flux and limestone consumption peaked at $ in 2017; however, from 2018 to , consumption remained at a lower figure.
, consumption of limestone flux, limestone and calcareous stone in Chile contracted slightly to tons, remaining stable against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Limestone flux and limestone consumption peaked at tons in 2017; however, from 2018 to , consumption remained at a lower figure.The revenue of the limestone flux and limestone market in Chile dropped to $
in , remaining stable 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). Overall, consumption, however, saw a relatively flat trend pattern. Limestone flux and limestone consumption peaked at $ in 2017; however, from 2018 to , consumption remained at a lower figure.Market Forecast
Driven by rising demand for limestone flux and limestone in Chile, the market is expected to start an upward consumption trend over the next eight years. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Over the period under review, imports of limestone flux and limestone in Chile were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for limestone flux and limestone.
Trade Balance
Chile remains a net importer of limestone flux and limestone; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $.
. In , there was a significant trade deficit of tons, which was equal to $.
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