Calcite Price Trend and Forecast

Calcite Regional Price Overview

Get the latest insights on price movement and trend analysis of Calcite in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

 

Calcite Price Trend for the First Half of 2023

Asia

Mixed price sentiments were observed in the Asian market for Calcite in the first half of 2023. Prices had a good start in Q1 2023 owing to limited supplies since the slow manufacturing activities in the Chinese markets amidst the recovery period from the Covid-19 lockdown and Lunar New Year holidays added to the supply curtailments.
 

Calcite Price Chart

Calcite Price Trends

Please Login or Subscribe to Access the Calcite Price Chart Data
 

But as the manufacturing ramped up in mid-Q1, prices started declining as the inventories rose, and demands were very limited to accommodate this product overflow. Thus, the prices mostly declined from mid-Q1 till the end of the second quarter.

Europe

The European Calcite market appeared affected by rising inflation. As the purchasing behaviors changed because of the cost-of-living crisis in Europe, there were very few offtakes from the downstream and the end user sections. The upstream costs were unsustainably high. Around Q2, the upstream costs normalized, but the demands were still limited. Overall muted market sentiments were observed for Calcite amidst dull trade activities.

North America

Like other global markets, Calcite prices in the North American market were also driven by dull downstream demands. Q1 began with high inventory levels, and the stocks couldn’t clear up by the end of Q2. The production scale was cut to prevent excess oversupply, but the market sentiments remained bearish.

Analyst Insight

According to the Procurement Resource, the Calcite prices are expected to oscillate in the coming quarter, given the current uncertainties in the regional demand and supply dynamics.
 

Calcite Price Trend for the Second Half of 2022

Asia

Owing to the reduced offtakes and muted market transactions the price of calcite suffered in the Chinese domestic market. With the economy still dealing with the aftermath of covid shutdowns, the construction sector suffered the most. The lowered construction activities coupled with the reduced prices of upstream pet coke added to the price decline of calcite. The enhanced supply/inventories and less demand disturbed the market equilibrium causing the price trend for calcite to decline during the said period.

Europe

Calcite prices kept volatile in the European region owing to the limited enquiries and the buffer supply in the market. Despite the rising costs, the market demand kept steady, hence the manufacturers were still able to make a profit.

North America

The price trend in the US closely followed the global outlook. The prices fell owing to the relaxation in the upstream supply and ease in logistics. Despite this ease, the market exhibited a dull trend due to the fears of recession. However, a momentary rise was seen in the calcite prices towards the end of the said period.

Analyst Insight

According to Procurement Resource, the calcite prices are expected to gain some momentum. With the manufacturing activities gathering pace steadily after the economic backlash, the calcite prices are likely to incline.
 

Calcite Price Trend For the Second Quarter of 2022

Asia

Due to fluctuating projections for demand from the building industry downstream, the price trend for calcite in Asia in the second quarter have been inconsistent. International trade has been significantly impeded by China's COVID laws, which has decreased the calcite  market's value.

Furthermore, downstream cement prices have declined as a result of the slowdown in construction activity. Due to robust downstream demand, calcite price realisations in India surged at the start of Q2. But as the quarter came to a close, increased energy costs and a labour shortage lowered the market value of calcite on the domestic market.

Europe

Prices for calcite rose in the second quarter of 2022 along with the cost of key raw materials related to energy. The supply disruption brought on by the conflict between Russia and Ukraine seriously hurt Germany's economic activity. In April, the market experienced high demand from the construction sector, which increased the price of calcite in the core European economy.

However, as Q2 came to a conclusion, concerns about inflation and the rise in raw material prices made it difficult to predict the terminal demand for the downstream construction industry. The market scenario that has been observed indicates that there has been a severe reduction in construction projects.

North America

Prices for calcite skyrocketed in the first half of the second quarter of 2022 as a result of strong downstream demand. There was a limited supply of calcite as a result of the industrial sectors' decreased ability to function due to a lack of domestic labour. Prices for calcite were also significantly impacted by supply chain disruptions brought on by a scarcity of truck drivers. Furthermore, May saw a marked fall in building activity near the conclusion of Q2 as a result of ongoing supply disruptions of crucial input materials.
 

Calcite Price Trend For the First Quarter of 2022

Asia

Domestic calcite prices in China grew from 331.27 USD/MT in mid-January to 332.02 USD/MT in the month's final week.

Europe

Omya International, a significant producer of calcite in Switzerland, declared a rise in the chemical's price due to increased input expenses such as raw materials, energy, packaging, shipping, and chemicals. Inflation in several nations and supply chain volatility both contributed significantly to the increase in calcite prices.
 

Calcite Price Trend For the Fourth Quarter of 2021

Product Category Region Price Time Period
Calcite Energy, Metals and Minerals Asia 9677 USD/MT Dec'2021
Calcite Energy, Metals and Minerals North America 9295 USD/MT Dec'2021


Stay updated with the latest Calcite prices, historical data, and tailored regional analysis
 

Asia

In general, the Asia Pacific market remained stable throughout Q4 2021, thanks to appropriate cost support from the demand forecast and supply constraints in China. Dual-energy management, along with China's power limitation, compelled suppliers to cut factory run rates.

However, the situation improved somewhat in the second half, despite the fact that COVID's revival boosted demand in Asia's home market. As a result of the ripple effect, the FOB Qingdao calcite prices (USP grade) were valued at 9677 USD/MT in the December quarter.

Europe

In the fourth quarter of 2021, despite the supply-demand mismatch, the market sentiments in Europe remained buoyant. Operating loads remained stagnant in the face of Europe's protracted energy crisis which resulted in curtailed supply in the domestic market. Additionally, domestic firms were cautious to enquire from the international market due to the higher freight rates and restricted supply of freight boats. The return of COVID bolstered the domestic market in Europe.

North America

The market activity was muted in the North American area during the fourth quarter of 2021. Although offers declined marginally in the second part of the quarter due to improved operating loads at industrial facilities following Hurricane Ida's effect. Demand growth was flat in the fourth quarter, and the area saw a little excess. As a result of the ripple effect, FOB US Gulf calcite prices (USP grade) were valued at 9295 USD/MT during the December quarter.
 

Calcite Price Trend For First, Second and Third Quarters of 2021

Asia

Asian market sentiments were mixed due to fluctuating demand and supply fundamentals that differed by nation. Whereas China experienced strong demand while maintaining an adequate supply to meet the need, high demand supported prices, which increased modestly by 1.7% in Q1 2021. On the other hand, India's strong demand from the cement and pharmaceutical industries resulted in a 14.87% and 14.98% increase in the price of construction and pharma grade calcium carbonate during this period.

Consumption from the building sector remained down as a result of the second wave of the epidemic, lowering total demand for the compound. In June, calcite prices recovered on the back of renewed economic confidence, as new cases began to decline successfully. As a result, in India, prices recovered sharply in June. In Asia, the third quarter of 2021 saw an exponential increase in calcite prices. Calcium carbonate industrial grade price ex-Mumbai was estimated at 208.89 USD/MT in September and finished at 165.05 USD /MT for Industrial grade.

Europe

Throughout Q1 2021, demand remained steady across Europe, driven by downstream sectors such as construction and medicine. Due to the fact that local supply was insufficient to meet this demand, prices in several European nations trended upward.

FOB prices in Germany increased by 3.44% in Q1 2021 to 150 USD/MT as growing freight and energy costs continued to impact prices. As a result, the European region saw a little increase in the price of the compound. Calcite prices in the European market increased gradually in Q3 2021, affected by Asian market dynamics. Additionally, rising freight costs and a scarcity of available containers impacted pricing.

North America

In mid-February, a devastating winter storm that swept throughout North America interrupted practically all manufacturing operations. Demand for calcite from the downstream cement sector decreased, while demand from the pharmaceutical sector increased, supporting its pricing. Calcite prices increased from 485 USD/MT in January 2021 to 495 USD/MT in February 2021.

The rebound in the North American construction industry boosted demand in second quarter. Calcite prices climbed significantly in the United States of America, rising from 509 USD /MT to 520 USD /MT between mid-April and May. Later that month, prices began to fall, owing to abundant supply availability in the face of stagnant demand in the United States.

The market in North America remained subdued in Q3 of 2021, owing to the product's restricted availability in the face of strong demand from downstream industries. The supply became constrained in North America as a result of the Ida storm, which created an abrupt supply chain imbalance in the region. In September, USP grade calcium carbonate FOB Gulf Coast prices were 9300 USD/MT.


Calcite Price Trend For the Year 2020

Asia

Calcite consumption in Asia increased significantly in Q4 2020, as various countries such as China and India prioritized pharmaceutical and infrastructure development in response to 2020 Coronavirus worries. With the resurgence of infrastructure activity in India over the November festival season, demand for paints, coatings, and adhesives experienced a much-needed comeback.

Thus, calcite prices stabilized at 320 USD/MT in Q4 2020. With the revival of industrial and civic activity, demand from the paper sector also increased, contributing to the price increase of calcite throughout Southeast Asia.

Europe

Market sentiments in Europe had been buoyed by consistent growth in demand from the pharmaceutical, paper, and plastic industries. The increased emphasis on the green economy in Q4 as a result of several government programmes necessitated infrastructure investment in Europe, which drove the regional market even higher. Calcite price in Europe remained stable for Q4 2020 due to strong demand from downstream sectors. Increased demand from the steel and glass production industries also contributed to the price increase.

North America

Calcite prices increased in the December quarter as a result of the increase in the price of calcium feedstock. Thus, the primary factor driving the increase in prices in the fourth quarter of 2020 was a raw material supply constraint. Due to the increased focus on the healthcare sector, demand increased significantly in the pharmaceutical industry, further bolstering the market fundamentals.

Latin America

For Mexico the entire commercial exchange (which includes both foreign imports and sales) was US$5.53 million in 2020. The states with the highest overseas sales of calcite were Mexico (US$2.62 million), Nuevo León (US$234 thousand), San Luis Potos (US$50.3 thousand), Mexico City (US$17.4 thousand), and Tamaulipas (US$7.08 thousand).

Procurement Resource provides latest prices of Calcite. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

Platform Sample

Please Login or Subscribe to explore our dashboard.

About Calcite

Calcite is a mineral that forms rocks. It's quite prevalent and can be found in sedimentary, metamorphic, and igneous rocks all around the world. Calcite is the most common mineral found in limestone and marble. These rocks are very prevalent and account for a large amount of the Earth's crust. They are one of the world's largest carbon repositories.

Calcite Product Details

Report Features Details
Product Name Calcite
Chemical Formula CaCO3
Industrial Uses Construction, Acid Water Treatment, Sugar Processing, Agriculture, Paper Industry, Plastic Industry, Ceramic Industry
Synonyms Mexican Onyx, Chalk, Onyx Marble, Iceland Spar, Calcium Carbonate, Limestone
Supplier Database BASF SE, Gulf Cryo, Linde, Praxair Technology Inc., SINOPEC, Chengdu Xinju, Chemical Co. Ltd.
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Calcite Production Processes

  • Calcite Production from Quick Lime; and from Soda Lime

In the process using quick lime, calcium hydroxide is formed when water is added to calcium oxide, and carbon dioxide is passed through the solution to produce the desired calcite.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

Assistance from Experts

Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.

Client's Satisfaction

Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.

Assured Quality

Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.

Related News

Table Of Contents

Our Clients

client-image

Get in Touch With Us

flag
UNITED STATES

Phone:+1 307 363 1045

flag
INDIA

Phone: +91 1203185500

flag
UNITED KINGDOM

Phone: +44 7537 171117

Email: sales@procurementresource.com

NEWSLETTER

Get latest News About Procurement Resource
Subscribe for news

This site uses cookies (including third-party cookies) to record user’s preferences. See our Privacy PolicyFor more.