Limestone flux, limestone and calcareous stone market in Sweden

Earlier Report Observations

The market for limestone flux, limestone and calcareous stone in Sweden expanded significantly from 2018 to 2022, with the market size growing from 43 million to 68 million US dollars. This growth was interrupted by a contraction in 2023, when the market dropped to 62 million dollars, before rebounding to 67 million in 2024.

Domestic production followed a similar pattern, increasing from 45 million dollars in 2018 to a peak of 58 million in 2022, then falling to 49 million in 2023. Imports played a growing role, rising sharply from 9.7 million dollars in 2021 to 24 million by 2024, while exports declined after 2021, contributing to the larger market size available domestically.

Production limestone flux, limestone and calcareous stone in Sweden

In value, 2017-2020, K $ US

Sweden's production of limestone flux, limestone, and calcareous stone has increased for the second consecutive year. In 2020, output was valued at 53 634 thousand US dollars, marking a controlled improvement of 5.9% compared to 2019. Over the period from 2017 to 2020, production decreased by 2.4%, which translates to an annualized rate of 0.8%. The lowest value was recorded in 2018 at 45 062 thousand US dollars, with the largest decline of 18.0% occurring that same year. The largest increase was observed in 2019, at 12.4%.

Annual dynamics of production in Sweden in value, 2017-2020, K $ US

In kind, 2017-2020, K t

In 2020, Sweden produced 2 509 thousand tonnes of limestone flux, limestone, and calcareous stone, which represents a 15.4% decrease compared to the previous year. From 2017 to 2020, production fell by 31.8%, with a compound annual growth rate of 12.0%. The largest decline occurred in 2018 at 25.9%, while the largest increase was recorded in 2019 at 8.8%.

Annual dynamics of production in Sweden in kind, 2017-2020, K t

Exports limestone flux, limestone and calcareous stone from Sweden

Exports in kind, K t

After a two-year decline, Sweden's export volume of limestone flux, limestone, and calcareous stone has increased. In 2020, exports reached 1 061 thousand tonnes, showing a gain of 6.1% relative to the prior year. Between 2017 and 2020, exports decreased by 18.1%, equating to an annualized rate of 6.4%. The minimum value was recorded in 2019 at 1 000 thousand tonnes, with the largest decline of 14.8% occurring that same year.

Annual dynamics of product's exports from Sweden in kind, 2017-2020, K t

From 2017 to 2020, Finland remained the primary market for Sweden's exports in kind, accounting for 86.2% of total flows. The remaining volume was distributed across numerous other destinations.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Sweden in kind, 2017-2020

Exports in value, K $ US

Following a two-year decline, shipments of limestone flux, limestone, and calcareous stone from Sweden to abroad have increased. In 2020, exports stood at 10 761 thousand US dollars, representing a substantial improvement of 16.5% compared to 2019. Over the period from 2017 to 2020, exports decreased by 25.7%, with a compound annual growth rate of 9.4%. The minimum value was recorded in 2019 at 9 233 thousand US dollars, with the largest decline of 20.6% occurring that same year.

Annual dynamics of product's exports from Sweden in value, 2017-2020, K $ US

Between 2017 and 2020, the structure of exports in value terms was dominated by a single market: Finland, which held a share of 93.2% of total flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Sweden in value, 2017-2020

Imports limestone flux, limestone and calcareous stone to Sweden

Imports in kind, K t

Sweden's import volumes of limestone flux, limestone, and calcareous stone have declined for the second consecutive year. In 2020, imports totalled 461 thousand tonnes, indicating a loss of 8.5% compared to the previous year. Between 2017 and 2020, imports increased by 13.6%, equating to an annualized rate of 4.3%. The maximum value was recorded in 2018 at 512 thousand tonnes, with the largest increase of 26.2% occurring that same year.

Annual dynamics of product's imports to Sweden in kind, 2017-2020, K t

Throughout 2017 to 2020, two countries—France and the United Kingdom—concentrated most of Sweden's imports in kind of limestone flux, limestone, and calcareous stone, while other markets were less significant individually.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Sweden in kind, 2017-2020

Imports in value, K $ US

In 2020, the volume of limestone flux, limestone, and calcareous stone imports into Sweden totalled 8 334 thousand US dollars, amounting to a small rise of 2.9% year-over-year. Over the period from 2017 to 2020, imports decreased by 5%, with a compound annual growth rate of 1.7%. The minimum value was recorded in 2019 at 8 097 thousand US dollars, and the maximum value was in 2018 at 9 833 thousand US dollars. The largest decline occurred in 2019 at 17.7%, while the largest increase was in 2018 at 12.1%.

Annual dynamics of product's imports to Sweden in value, 2017-2020, K $ US

From 2017 to 2020, France, with 59.3% of imports in value terms, Norway at 9.3%, and the United Kingdom at 8.2%, accounted for the largest share of Sweden's imports in value terms. Together, these three countries comprised 76.7% of total flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Sweden in value, 2017-2020