Dolomite Prices

Dolomite Prices December 2023

The dolomite price in the USA settled at 200 USD/MT by the end of December 2023.

In France, the price of dolomite reached 229 USD/MT at the end of December 2023.

Dolomite Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Dolomite Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of dolomite pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of dolomite at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of dolomite price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing dolomite price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Dolomite Market Analysis

The global dolomite market size reached 176.6 million tons in 2023. By 2032, IMARC Group expects the market to reach 258.02 million tons, at a projected CAGR of 4.30% during 2023-2032.

• The widespread product utilization in the construction sector as an aggregate in concrete and asphalt, as well as a filler in various building materials. The global building construction industry is expected to grow by 5.13% between 2024 and 2032. Furthermore, the real estate business is expected to reach $562 billion by 2032, with an annual growth rate of 8.03%. Furthermore, growing urbanization and infrastructure development in emerging nations are fuelling demand for construction materials like dolomite.
• Dolomite plays a crucial role in the steel manufacturing process, serving as a flux material to remove impurities during the production of steel. The need for dolomite is directly increasing due to the growth of the global steel industry, which is being driven by rising demand from the manufacturing, construction, and automotive sectors. The World Steel Association estimates that in 2022, there will be 1840.2 Mt of demand for steel, an increase of 0.4%. In 2023, it grew by 2.2% to 1881.4 Mt. Furthermore, the IMARC Group predicts that the steel sector will grow at a rate of 3.3% between 2024 and 2032, reaching a value of US$ 1279 billion.
• Environmental regulations aimed at reducing carbon emissions and promoting sustainable practices have also increased the use of dolomite in soil conditioning and agriculture. Dolomite is used to neutralize acidic soils, boost fertility, and increase crop yields. In developing countries such as India, the agriculture industry is growing at a 10.5% annual rate. This industry is expected to generate INR 227059.9 billion in revenue by 2032. Furthermore, the increased emphasis on sustainable agriculture, as well as the requirement for high agricultural productivity to feed the world's growing population, is pushing demand for dolomite as a soil amendment.
• Dolomite is employed in water treatment processes to neutralize acidic water and remove impurities, making it safe for consumption and industrial use. The increasing concerns over water pollution and the stringent regulations to ensure safe drinking water standards are propelling the adoption of dolomite in water treatment facilities. The latest data by WHO and UNICEF reveals that 8 out of 10 people do not have access to clean drinking water in rural areas. Moreover, children under the age of five report 1.7 billion instances of diarrhea annually. These alarming facts highlight how crucial dolomite is to ensuring the safety of water for a range of everyday applications, thereby driving up demand for it.
• In the pharmaceutical and healthcare sectors, dolomite is used as a source of magnesium and calcium in the formulation of dietary supplements and medications. Moreover, the increasing awareness about health and wellness, coupled with the growing prevalence of nutritional deficiencies, has led to a surge in demand for supplements containing essential minerals. This trend boosts the demand for dolomite in pharmaceutical applications, thus driving the market growth.

Dolomite News

The report covers the latest developments, updates, and trends impacting the global dolomite market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in dolomite production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the dolomite price trend.

Latest developments in the dolomite industry:

• In March 2023: REFRACTARIOS KELSEN S.A., an European leader in the production of dolomite bricks and mixes, launched a new fired brick plant in Aduna (Gipuzkoa).

Product Description

Dolomite is a naturally occurring mineral composed of calcium magnesium carbonate (CaMg(CO3)2). It is found in sedimentary rock formations and is known for its distinct crystal structure and chemical properties. It comes in different forms like calcite dolomite, dolomitic limestone, dolostone, and marble.

Dolomite is a typical gray, white, pink, or brown color material with a trigonal-rhombohedral crystalline structure. Its physical properties include hardness (3.5 to 4 on the Mohs scale), density (2.85 g/cm³), and lustrous appearance. The manufacturing process of dolomite involves different stages, such as extraction, crushing, screening, calcination, grinding, and packaging.

It is used in construction aggregates, steel manufacturing, soil conditioning, water treatment, ceramic production, paint fillers, dietary supplements, pharmaceutical formulations, and landscaping. It enhances the properties of concrete, improves soil fertility, provides essential nutrients, increases the hardness of glass, and neutralizes acidic water.

Regional Coverage

The report provides a detailed analysis of the dolomite market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the dolomite price trend. 

Global Dolomite Price

The report offers a holistic view of the global dolomite pricing trends in the form of dolomite price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of dolomite but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed dolomite demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Dolomite Price

European dolomite prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.

This analysis can be extended to include detailed dolomite price information for a comprehensive list of countries.

North America Dolomite Price

The analysis of dolomite prices in North America delves into the regional industry dynamics, encompassing the impact of local production capacities and the trade flows between North America and other significant global markets.

Specific dolomite historical data within the United States and Canada can also be provided.

Middle East and Africa Dolomite Price

The report explores the dolomite pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on dolomite prices for countries can also be provided.

Asia Pacific Dolomite Price

The dolomite pricing trends in Asia Pacific are examined, reflecting the role of the region as a major global production hub and consumer market, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.

This dolomite price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Dolomite Price

The analysis of dolomite prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of dolomite pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting dolomite price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The dolomite price charts ensure our clients remain at the forefront of the industry.