EU: Hydraulic Lime Market 2024

Hydraulic Lime Market Size in the EU

In 2022, the EU hydraulic lime market increased by 7.2% to $X, rising for the third consecutive year after two years of decline. Overall, consumption saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 8.4%. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Hydraulic Lime Production in the EU

In value terms, hydraulic lime production reached $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by 14%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Hydraulic Lime Exports

Exports in the EU

In 2022, exports of hydraulic lime in the European Union stood at X tons, surging by 8.5% compared with the previous year. The total export volume increased at an average annual rate of +3.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 16% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, hydraulic lime exports shrank slightly to $X in 2022. Total exports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.5% against 2016 indices. The growth pace was the most rapid in 2021 when exports increased by 31%. As a result, the exports attained the peak of $X, and then declined modestly in the following year.

Exports by Country

The shipments of the three major exporters of hydraulic lime, namely France, the Netherlands and Germany, represented more than half of total export. Portugal (X tons) ranks next in terms of the total exports with a 9.7% share, followed by Austria (7.7%) and Italy (7%). Lithuania (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Lithuania (with a CAGR of +2,713.0%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), the Netherlands ($X) and Germany ($X) were the countries with the highest levels of exports in 2022, together accounting for 71% of total exports. Portugal, Italy, Austria and Lithuania lagged somewhat behind, together comprising a further 23%.

In terms of the main exporting countries, Lithuania, with a CAGR of +349.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, declining by -11.1% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the export price increased by 19% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per ton), while Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.0%), while the other leaders experienced more modest paces of growth.

Hydraulic Lime Imports

Imports in the EU

In 2022, supplies from abroad of hydraulic lime increased by 20% to X tons, rising for the second consecutive year after two years of decline. In general, imports posted buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of 90%. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, hydraulic lime imports soared to $X in 2022. Over the period under review, imports recorded resilient growth. The pace of growth appeared the most rapid in 2013 with an increase of 77% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the near future.

Imports by Country

In 2022, the Netherlands (X tons) represented the main importer of hydraulic lime, committing 48% of total imports. The Czech Republic (X tons) ranks second in terms of the total imports with a 23% share, followed by France (7%). Austria (X tons), Italy (X tons), Croatia (X tons), Slovenia (X tons), Spain (X tons), Germany (X tons), Sweden (X tons) and Belgium (X tons) followed a long way behind the leaders.

The Netherlands was also the fastest-growing in terms of the hydraulic lime imports, with a CAGR of +59.0% from 2012 to 2022. At the same time, the Czech Republic (+32.8%), France (+12.3%), Spain (+9.2%), Sweden (+7.1%) and Slovenia (+2.6%) displayed positive paces of growth. By contrast, Austria (-1.3%), Croatia (-3.2%), Belgium (-4.1%), Germany (-4.1%) and Italy (-9.5%) illustrated a downward trend over the same period. The Netherlands (+47 p.p.) and the Czech Republic (+19 p.p.) significantly strengthened its position in terms of the total imports, while Slovenia, Belgium, Germany, Croatia, Austria and Italy saw its share reduced by -3.3%, -6.1%, -7.1%, -9%, -11.1% and -23.6% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported hydraulic lime in the European Union, comprising 50% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 17% share of total imports. It was followed by France, with a 6.6% share.

From 2012 to 2022, the average annual growth rate of value in the Netherlands amounted to +65.1%. In the other countries, the average annual rates were as follows: the Czech Republic (+32.0% per year) and France (+14.5% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, increasing by 15% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the import price increased by 20% against the previous year. Over the period under review, import prices attained the maximum in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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