The latest report by IMARC, titled "Calcium Carbonate 𝐏𝐫𝐢𝐜𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭 𝟐𝟎𝟐𝟒: 𝐏𝐫𝐢𝐜𝐞 𝐓𝐫𝐞𝐧𝐝, 𝐂𝐡𝐚𝐫𝐭, 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬, 𝐍𝐞𝐰𝐬, 𝐃𝐞𝐦𝐚𝐧𝐝, 𝐇𝐢𝐬𝐭𝐨𝐫𝐢𝐜𝐚𝐥 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐃𝐚𝐭𝐚," delivers a comprehensive analysis of calcium carbonate prices on a global and regional scale, highlighting the pivotal factors contributing to price changes. This detailed examination includes spot price evaluations at key ports and an analysis of pricing structures, such as Ex Works, FOB, and CIF, across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Calcium Carbonate Prices December 2023:
Report Offering:
The study delves into the factors affecting calcium carbonate price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
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Calcium Carbonate Price Trend
The calcium carbonate market is driven by the increasing demand from the food and pharmaceutical sectors, where calcium carbonate is used extensively as a dietary supplement and an inactive ingredient. Additionally, the rise in construction activities worldwide boosts demand for calcium carbonate, used as a raw material in cement and as a white pigment in paints and coatings. However, supply chain disruptions have become a significant factor, often due to geopolitical tensions or logistic challenges, leading to shortages and price volatility. This scarcity intensifies market dynamics, promoting competitive trading environments and inventory challenges for manufacturers. Furthermore, the environmental regulations concerning mining and emissions also affect production rates and costs, thereby influencing market trends.
The global calcium carbonate market size reached US$ 47.5 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 78 Billion, at a projected CAGR of 5.70% during 2023-2032. In North America, the calcium carbonate market witnessed fluctuations during Q1 2024. Initially, prices surged due to limited supply paired with robust demand, particularly driven by the food and pharmaceutical industries. This bullish trend was further exacerbated by global supply chain disruptions, notably affecting the availability of calcium carbonate and escalating costs. However, as the quarter progressed, a reversal in this trend was observed due to seasonal shifts that increased production, especially in the food-grade calcium carbonate segment. Despite these fluctuations, the quarterly trend overall pointed upwards.
In the APAC region, particularly in China, the calcium carbonate market experienced a downturn in Q1 2024. The primary factors influencing this decline were a seasonal lull in demand from major industries such as construction and paper production, alongside sluggish demand that led to high inventory levels among producers. This oversupply situation forced manufacturers to lower prices in an effort to clear stock, which was compounded by stable or even increased production rates. Additionally, governmental policies promoting domestic production added to the already excessive supply, further depressing prices. The quarter concluded with calcium carbonate prices reflecting a bearish market influenced heavily by reduced demand, surplus supply, and the broader slowdown in China's manufacturing sector, as evidenced by a decreasing Purchasing Managers' Index (PMI).
The European market for calcium carbonate faced downward price pressures throughout Q1 2024, driven by an oversupply and diminished demand, particularly in the construction sector due to an economic slowdown. This created a bearish market situation where prices tended to drop. However, the stabilization of energy costs, especially natural gas which is crucial in calcium carbonate production, helped mitigate some cost-related challenges and eased supply constraints. Despite these stabilizing factors, trade disruptions caused by political tensions or logistical issues continued to adversely affect the calcium carbonate market. In Belgium, for instance, prices decreased by 4% from the previous quarter. This overall negative trend was primarily due to excess supply and declining demand across the region.
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Key Points Covered in the Calcium Carbonate Pricing Report:
The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:
Regional Price Analysis:
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Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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