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Written by elijah001 » Updated on: November 04th, 2024
The price of calcium carbonate in the United States for Q4 2023 reached 722/MT in December. The market in the United States remained stable, with no changes from the previous quarter.
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.
Calcium Carbonate Price Trend- Q4 2023
The calcium carbonate market is currently experiencing significant growth, driven by diverse applications across multiple industries such as construction, plastics, and pharmaceuticals. A key factor propelling the market is the increasing demand for calcium carbonate in the paper industry, where it is used as a filler to enhance the brightness and opacity of paper products. Additionally, the construction sector contributes to the demand increases, utilizing calcium carbonate extensively in cement production and as a construction material. The environmental shift towards sustainable practices has also elevated the use of calcium carbonate as it helps reduce carbon emissions in cement manufacturing. Moreover, advancements in processing technologies have improved the quality and efficiency of calcium carbonate production, further bolstering its market adoption.
Calcium Carbonate Market Analysis
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. During the first quarter of 2024, the North American market for calcium carbonate witnessed volatile pricing dynamics influenced by several pivotal factors. The quarter began with a sharp increase in prices due to global supply chain disruptions that impacted the availability of raw materials, including calcium carbonate. This scarcity led to heightened market competition and inventory challenges for manufacturers, pushing prices upward. The trend continued into February, driven by increasing demand from critical sectors such as food and pharmaceuticals, which strained supplies further and escalated prices. However, the situation reversed in March as prices for food-grade calcium carbonate dropped in response to seasonal demand shifts and ramped-up production levels.
In contrast, the APAC region, particularly in China, experienced a different trend with a generally bearish market for calcium carbonate prices. The decline was primarily due to a seasonal reduction in demand from key industries like construction and paper production, leading to lower consumption rates and downward pressure on prices. High inventory levels in China exacerbated the situation, as producers lowered prices to clear excess stocks amidst sluggish demand. Additionally, government policies promoting domestic production contributed to an oversupply in the market. The purchasing managers' index (PMI) indicated a contraction in China's manufacturing sector, which directly impacted the demand for calcium carbonate.
Browse Full Report: https://www.imarcgroup.com/calcium-carbonate-pricing-report
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:
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
About Us:
IMARC is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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