Limestone flux, limestone and calcareous stone market in Lithuania

Earlier Report Observations

The market volume for limestone flux, limestone and calcareous stone in Lithuania grew from 1.5 million tonnes in 2018 to a peak of over 2 million tonnes in 2022. This expansion was followed by a sharp decline in 2023, when consumption fell to 1.6 million tonnes, before partially recovering to 1.8 million tonnes in 2024.

In value terms, the market mirrored this volatile pattern. The market's value reached $10.3 million in 2021, then dropped to $8.9 million in 2022 despite higher physical volume, indicating shifting price levels or product mix. By 2024, the market value had risen to $11.5 million, reflecting the concurrent recovery in volume.

Production limestone flux, limestone and calcareous stone in Lithuania

In value, 2018-2021, K $ US

Lithuania's production of limestone flux, limestone, and calcareous stone has grown for the third year in a row. In 2021, the output value reached 8,823 thousand US dollars, marking a significant year-over-year increase of 21.6%. From 2018 to 2021, production rose by 47.8%, which translates to an average annual growth rate of 13.9%.

Annual dynamics of production in Lithuania in value, 2018-2021, K $ US

In kind, 2018-2021, K t

Lithuania's production of limestone flux, limestone, and calcareous stone has increased for the third consecutive year. In 2021, the country produced 1,838 thousand tonnes, reflecting a 15.0% rise compared to 2020. Over the period from 2018 to 2021, production grew by 23.5%, with a compound annual growth rate of 7.3%.

Annual dynamics of production in Lithuania in kind, 2018-2021, K t

Exports limestone flux, limestone and calcareous stone from Lithuania

Exports in kind, t

The data shows irregular changes, pointing to a volatile market environment. Export volumes dropped to their lowest point in 2019 and then surged to a peak in 2020, representing a 132-fold difference between these years. In 2021, Lithuania's export volume of limestone flux, limestone, and calcareous stone was 326 tonnes, indicating a sharp decline of 36.1% from 2020. The highest volume was recorded in 2020 at 511 tonnes, with the largest increase that year reaching 13,078.8%.

Annual dynamics of product's exports from Lithuania in kind, 2018-2021, t

From 2018 to 2021, Latvia was the overwhelmingly dominant buyer of limestone flux, limestone, and calcareous stone from Lithuania, accounting for 95.9% of total exports in volume terms.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Lithuania in kind, 2018-2021

Exports in value, K $ US

The data reveals irregular changes, suggesting a volatile market environment. Export values were at their lowest in 2019 and peaked in 2020, showing a 5.3-fold gap between these years. In 2021, Lithuania's cross-border shipments of limestone flux, limestone, and calcareous stone were valued at 5 thousand US dollars, a decrease of 62.3% from the previous year. The maximum value was recorded in 2020 at 13 thousand US dollars, with the largest increase that year at 428.6%.

Annual dynamics of product's exports from Lithuania in value, 2018-2021, K $ US

From 2018 to 2021, Latvia was the key buyer of limestone flux, limestone, and calcareous stone from Lithuania, taking 73.3% of total exports in value terms, while a diverse group of other countries accounted for the remainder.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Lithuania in value, 2018-2021

Imports limestone flux, limestone and calcareous stone to Lithuania

Imports in kind, t

In 2021, foreign supplies of limestone flux, limestone, and calcareous stone to Lithuania amounted to 40,546 tonnes, down by 0.8% from the previous year. Over the period from 2018 to 2021, imports increased by 23.7%, with a compound annual growth rate of 7.4%. The lowest volume was recorded in 2019 at 32,579 tonnes, while the highest was in 2020 at 40,864 tonnes, with the largest increase that year at 25.4%.

Annual dynamics of product's imports to Lithuania in kind, 2018-2021, t

From 2018 to 2021, Sweden (48.3% of imports in volume terms), Estonia (24.2%), and Poland (16.1%) were the main sources in the geographical breakdown of limestone flux, limestone, and calcareous stone imports to Lithuania, together representing 88.6% of total flows.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Lithuania in kind, 2018-2021

Imports in value, K $ US

Lithuania imported 1,496 thousand US dollars worth of limestone flux, limestone, and calcareous stone in 2021, showing a solid improvement of 18.8% compared to 2020. From 2018 to 2021, imports grew by 23.1%, with a compound annual growth rate of 7.2%. The largest decline was recorded in 2020 at 2.0%.

Annual dynamics of product's imports to Lithuania in value, 2018-2021, K $ US

From 2018 to 2021, Estonia (39.4% of imports in value terms), Sweden (26.2%), and Poland (20.0%) led the structure of imports in value terms, together accounting for 85.6% of total flows.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Lithuania in value, 2018-2021