Argentina: Lime Market Overview 2021

Lime Market Size in Argentina

In 2019, the Argentinian lime market was finally on the rise to reach $X after two years of decline. Overall, the total consumption indicated a perceptible increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2019, consumption stood at a somewhat lower figure.

Lime Production in Argentina

In value terms, lime production declined to $X in 2019 estimated in export prices. Overall, the total production indicated notable growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2019, production remained at a lower figure.

Lime Exports

Exports from Argentina

In 2019, the amount of quicklime, slaked lime and hydraulic lime exported from Argentina shrank to X tonnes, dropping by -X% against 2018 figures. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2009 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at X tonnes in 2013; however, from 2014 to 2019, exports stood at a somewhat lower figure.

In value terms, lime exports reduced to $X in 2019. Overall, exports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2012 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum at $X in 2016; however, from 2017 to 2019, exports failed to regain the momentum.

Exports by Country

Chile (X tonnes) was the main destination for lime exports from Argentina, accounting for a approx. X% share of total exports.

From 2007 to 2019, the average annual growth rate of volume to Chile totaled +X%.

In value terms, Chile ($X) also remains the key foreign market for lime exports from Argentina.

From 2007 to 2019, the average annual growth rate of value to Chile amounted to +X%.

Export Prices by Country

The average lime export price stood at $X per tonne in 2019, dropping by -X% against the previous year. Overall, export price indicated a notable expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, lime export price decreased by -X% against 2016 indices. The growth pace was the most rapid in 2012 an increase of X% against the previous year. Over the period under review, average export prices reached the peak figure at $X per tonne in 2016; however, from 2017 to 2019, export prices failed to regain the momentum.

As there is only one major export destination, the average price level is determined by prices for Chile.

From 2007 to 2019, the rate of growth in terms of prices for Chile amounted to +X% per year.

Lime Imports

Imports into Argentina

In 2019, purchases abroad of quicklime, slaked lime and hydraulic lime decreased by -X% to X tonnes, falling for the second consecutive year after three years of growth. Over the period under review, imports faced a deep reduction. The pace of growth appeared the most rapid in 2011 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

In value terms, lime imports shrank dramatically to $X in 2019. Overall, imports saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. As a result, imports attained the peak of $X. From 2012 to 2019, the growth imports failed to regain the momentum.

Imports by Country

In 2019, Brazil (X tonnes) constituted the largest lime supplier to Argentina, accounting for a X% share of total imports. Moreover, lime imports from Brazil exceeded the figures recorded by the second-largest supplier, Belgium (X tonnes), more than tenfold.

From 2007 to 2019, the average annual growth rate of volume from Brazil stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-X% per year) and the Netherlands (-X% per year).

In value terms, Brazil ($X) constituted the largest supplier of lime to Argentina, comprising X% of total imports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value from Brazil totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-X% per year) and the Netherlands (-X% per year).

Import Prices by Country

The average lime import price stood at $X per tonne in 2019, with an increase of X% against the previous year. In general, the import price posted a prominent increase. The pace of growth appeared the most rapid in 2010 an increase of X% year-to-year. The import price peaked at $X per tonne in 2012; however, from 2013 to 2019, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2019, the country with the highest price was the Netherlands ($X per tonne), while the price for Brazil ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Brazil, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for quicklime, slaked lime and hydraulic lime in the world?

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The countries with the highest volumes of lime consumption in 2019 were China (47M tonnes), Japan (25M tonnes) and the U.S. (15M tonnes), with a combined 46% share of global consumption.

What are the largest producers of quicklime, slaked lime and hydraulic lime in the world?

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The countries with the highest volumes of lime production in 2019 were China (47M tonnes), Japan (25M tonnes) and the U.S. (15M tonnes), with a combined 46% share of global production. Indonesia, Brazil, Germany, Pakistan, Turkey, Mexico, Italy, Viet Nam, Russia and Iran lagged somewhat behind, together comprising a further 27%.

What are the leading suppliers of quicklime, slaked lime and hydraulic lime to Argentina?

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In value terms, Brazil ($211K) constituted the largest supplier of lime to Argentina, comprising 86% of total imports. The second position in the ranking was occupied by Belgium ($23K), with a 9.2% share of total imports.

What are the leading importers of quicklime, slaked lime and hydraulic lime from Argentina?

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In value terms, Chile ($53M) remains the key foreign market for lime exports from Argentina.

What is the average export price for quicklime, slaked lime and hydraulic lime in Argentina?

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The average lime export price stood at $142 per tonne in 2019, shrinking by -4% against the previous year.

What is the average import price for quicklime, slaked lime and hydraulic lime in Argentina?

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The average lime import price stood at $264 per tonne in 2019, picking up by 2.7% against the previous year.