The Limestone Materials market in Sweden has experienced varied growth from 2012 to 2022. After a continuous increase reaching its peak in 2017 at $29.883 million, the market saw a decline in the following three years, hitting a low in 2020 at $22.607 million. However, it rebounded slightly between 2021 and 2022, growing from $26.34 million to $28.206 million. The fluctuations in year-on-year variations reflect this trend, showing significant growth in early years, a period of decline, and then partial recovery in the last two years.
- 2012-2017: Consistent growth with a positive average annual CAGR of 9.11%.
- 2018-2020: Decline, with the lowest point in 2020, accompanied by a negative CAGR of -2.21%.
- 2021-2022: Recovery phase with an upward trend, the CAGR of -1.15% over the last five years shows the overall impact of the market's volatility.
Future trends to watch for include sustainable and environmentally-friendly limestone products, potential new applications in construction and manufacturing, and the impact of regulatory policies aimed at reducing carbon emissions in Sweden. Keeping an eye on technological advancements and shifts in consumer demand will also be crucial for anticipating market dynamics.
| # | 6 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 340,610,000 | 2023 | -1.06% | -0.39% | View data |
| 2 | 2 South Korea | 158,050,000 | 2023 | +1.62% | +2.51% | View data |
| 3 | 3 Canada | 41,945,000 | 2023 | -2.38% | -2.61% | View data |
| 4 | 4 Sweden | 28,675,000 | 2023 | +1.66% | +0.65% | |
| 5 | 5 Singapore | 7,839,400 | 2023 | -1.2% | -0.41% | View data |
| 6 | 6 Ireland | 6,926,700 | 2023 | -0.15% | +3.69% | View data |