Australia and Oceania: Quicklime Market 2023

Quicklime Market Size in Australia and Oceania

In 2021, the quicklime market in Australia and Oceania increased by 31% to $X for the first time since 2018, thus ending a two-year declining trend. The total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +8.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2021 and is expected to retain growth in the near future.

Quicklime Production in Australia and Oceania

In value terms, quicklime production rose sharply to $X in 2021 estimated in export price. Overall, production, however, recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2018 with an increase of 43%. The level of production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Quicklime Exports

Exports in Australia and Oceania

In 2021, shipments abroad of quicklime increased by 185% to X tons, rising for the third consecutive year after three years of decline. Overall, exports, however, saw a abrupt decline. Over the period under review, the exports reached the maximum at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, quicklime exports soared to $X in 2021. In general, exports, however, showed a abrupt downturn. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from New Zealand (X tons), together reaching 100% of total export.

New Zealand was also the fastest-growing in terms of the quicklime exports, with a CAGR of -9.0% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, New Zealand ($X) also remains the largest quicklime supplier in Australia and Oceania.

From 2012 to 2021, the average annual growth rate of value in New Zealand stood at -7.7%.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, with a decrease of -17.1% against the previous year. Overall, the export price, however, enjoyed slight growth. The most prominent rate of growth was recorded in 2019 when the export price increased by 80% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for New Zealand amounted to +1.4% per year.

Quicklime Imports

Imports in Australia and Oceania

In 2021, quicklime imports in Australia and Oceania soared to X tons, rising by 29% on 2020 figures. Overall, imports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2013 when imports increased by 50%. Over the period under review, imports attained the maximum in 2021 and are likely to continue growth in the near future.

In value terms, quicklime imports soared to $X in 2021. In general, imports enjoyed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia was the key importer of quicklime in Australia and Oceania, with the volume of imports amounting to X tons, which was near 66% of total imports in 2021. It was distantly followed by Papua New Guinea (X tons), generating a 33% share of total imports.

Australia was also the fastest-growing in terms of the quicklime imports, with a CAGR of +32.2% from 2012 to 2021. At the same time, Papua New Guinea (+8.6%) displayed positive paces of growth. Australia (+42 p.p.) significantly strengthened its position in terms of the total imports, while Papua New Guinea saw its share reduced by -38.4% from 2012 to 2021, respectively.

In value terms, Australia ($X) constitutes the largest market for imported quicklime in Australia and Oceania, comprising 77% of total imports. The second position in the ranking was held by Papua New Guinea ($X), with a 21% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia totaled +33.0%.

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, picking up by 22% against the previous year. Overall, the import price, however, recorded a mild curtailment. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Australia ($X per ton), while Papua New Guinea totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+0.6%).

Source: IndexBox Market Intelligence Platform

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