Canada: Lime Market Overview 2021

Lime Market Size in Canada

In 2019, the Canadian lime market increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2008 when the market value increased by X% year-to-year. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2019, consumption stood at a somewhat lower figure.

Lime Production in Canada

In value terms, lime production expanded modestly to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Lime production peaked at $X in 2014; however, from 2015 to 2019, production failed to regain the momentum.

Lime Exports

Exports from Canada

For the fifth consecutive year, Canada recorded decline in overseas shipments of quicklime, slaked lime and hydraulic lime, which decreased by -X% to X tonnes in 2019. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 with an increase of X% y-o-y. Exports peaked at X tonnes in 2011; however, from 2012 to 2019, exports remained at a lower figure.

In value terms, lime exports contracted to $X in 2019. The total export value 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at $X in 2014; however, from 2015 to 2019, exports failed to regain the momentum.

Exports by Country

The U.S. (X tonnes) was the main destination for lime exports from Canada, accounting for a approx. X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to the U.S. was relatively modest.

In value terms, the U.S. ($X) also remains the key foreign market for lime exports from Canada.

From 2007 to 2019, the average annual rate of growth in terms of value to the U.S. totaled +X%.

Export Prices by Country

The average lime export price stood at $X per tonne in 2019, approximately equating the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% year-to-year. Over the period under review, average export prices hit record highs in 2019 and is likely to see steady growth in years to come.

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

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

Lime Imports

Imports into Canada

In 2019, purchases abroad of quicklime, slaked lime and hydraulic lime decreased by -X% to X tonnes for the first time since 2016, thus ending a two-year rising trend. Overall, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2018, and then shrank in the following year.

In value terms, lime imports dropped significantly to $X in 2019. Over the period under review, imports, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Imports peaked at $X in 2018, and then reduced dramatically in the following year.

Imports by Country

In 2019, the U.S. (X tonnes) was the main supplier of lime to Canada, with a X% share of total imports. Moreover, lime imports from the U.S. exceeded the figures recorded by the second-largest supplier, Turkey (X tonnes), more than tenfold.

From 2007 to 2019, the average annual rate of growth in terms of volume from the U.S. totaled +X%.

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

From 2007 to 2019, the average annual rate of growth in terms of value from the U.S. totaled +X%.

Import Prices by Country

In 2019, the average lime import price amounted to $X per tonne, with a decrease of -X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when the average import price increased by X% y-o-y. As a result, import price reached the peak level of $X per tonne. From 2010 to 2019, the growth in terms of the average import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while the price for Turkey amounted to $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S..

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

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

+

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?

+

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. These countries were followed by Indonesia, Brazil, Germany, Pakistan, Turkey, Mexico, Italy, Viet Nam, Russia and Iran, which together accounted for a further 27%.

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

+

In value terms, the U.S. ($42M) constituted the largest supplier of lime to Canada, comprising 94% of total imports. The second position in the ranking was occupied by Turkey ($2M), with a 4.4% share of total imports.

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

+

In value terms, the U.S. ($43M) remains the key foreign market for lime exports from Canada.

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

+

The average lime export price stood at $166 per tonne in 2019, approximately reflecting the previous year.

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

+

In 2019, the average lime import price amounted to $140 per tonne, falling by -11.9% against the previous year.