Slaked Lime Price in Serbia - 2023

Contents:

  1. Slaked Lime Price in Serbia (CIF) - 2022
  2. Slaked Lime Price in Serbia (FOB) - 2022
  3. Slaked Lime Imports in Serbia
  4. Slaked Lime Exports in Serbia

Slaked Lime Price in Serbia (CIF) - 2022

In 2022, the average slaked lime import price amounted to $93 per ton, rising by 22% against the previous year. Overall, the import price, however, showed a mild setback. The import price peaked at $110 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Croatia ($142 per ton), while the price for Bosnia and Herzegovina stood at $92 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+2.6%).

Slaked Lime Price in Serbia (FOB) - 2022

The average slaked lime export price stood at $120 per ton in 2022, picking up by 30% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($252 per ton), while the average price for exports to Montenegro amounted to $117 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+3.6%).

Slaked Lime Imports in Serbia

In 2022, imports of slaked lime into Serbia shrank remarkably to 11K tons, waning by -46.7% on 2021 figures. In general, imports showed a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 61%. As a result, imports reached the peak of 20K tons, and then declined remarkably in the following year.

In value terms, slaked lime imports declined remarkably to $981K in 2022. Overall, imports recorded a slight downturn. The growth pace was the most rapid in 2021 with an increase of 71% against the previous year. As a result, imports reached the peak of $1.5M, and then dropped dramatically in the following year.

Import of Slaked Lime in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina9647851,452935-1.0%
Croatia38.689.145.645.05.2%
Others16.73.95.70.7-65.3%
Total1,0198781,503981-1.3%

Top Suppliers of Slaked Lime to Serbia in 2022:

  1. Bosnia and Herzegovina (10.2K tons)
  2. Croatia (0.3K tons)

Slaked Lime Exports in Serbia

In 2022, shipments abroad of slaked lime decreased by -0.6% to 4.2K tons, falling for the second consecutive year after two years of growth. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 5.5% against the previous year. As a result, the exports attained the peak of 4.3K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, slaked lime exports skyrocketed to $500K in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.8% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Slaked Lime in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro30931331947415.3%
Croatia4.210.720.821.973.4%
North Macedonia18.026.246.03.9-39.9%
Others7.020.42.5N/A-40.2%
Total33837038850013.9%

Top Export Markets for Slaked Lime from Serbia in 2022:

  1. North Macedonia (undefinedK tons)
  2. Montenegro (4.1K tons)
  3. Croatia (0.1K tons)

Source: IndexBox Market Intelligence Platform

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