Finland: Lime Market Overview 2021

Lime Market Size in Finland

The Finnish lime market contracted remarkably to $X in 2019, which is down by -X% against the previous year. In general, the total consumption indicated modest 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, consumption increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2019, consumption remained at a lower figure.

Lime Production in Finland

In value terms, lime production fell notably to $X in 2019 estimated in export prices. Overall, production saw a slight slump. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2009 to 2019, production growth remained at a somewhat lower figure.

Lime Exports

Exports from Finland

Lime exports from Finland soared to X tonnes in 2019, surging by X% against the year before. Overall, exports enjoyed a remarkable increase. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, lime exports soared to $X in 2019. In general, exports posted prominent growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X tonnes) and Russia (X tonnes) were the main destinations of lime exports from Finland, with a combined X% share of total exports.

From 2007 to 2019, the biggest increases were in Sweden.

In value terms, Sweden ($X) and Russia ($X) were the largest markets for lime exported from Finland worldwide, together comprising X% of total exports.

Among the main countries of destination, Sweden saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average lime export price stood at $X per tonne in 2019, increasing by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2019, the country with the highest price was Russia ($X per tonne), while the average price for exports to Sweden amounted to $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Sweden.

Lime Imports

Imports into Finland

Lime imports into Finland reduced to X tonnes in 2019, waning by -X% compared with the previous year. In general, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Imports peaked at X tonnes in 2018, and then dropped in the following year.

In value terms, lime imports contracted to $X in 2019. Overall, imports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, France (X tonnes) constituted the largest lime supplier to Finland, with a X% share of total imports. Moreover, lime imports from France exceeded the figures recorded by the second-largest supplier, Belgium (X tonnes), sevenfold. Norway (X tonnes) ranked third in terms of total imports with a X% share.

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

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

From 2007 to 2019, the average annual growth rate of value from France amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and Norway (+X% per year).

Import Prices by Country

The average lime import price stood at $X per tonne in 2019, rising by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. As a result, import price attained the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the average import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Spain ($X per tonne), while the price for Sweden ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by France, 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), together comprising 46% 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), together comprising 46% of global production. Indonesia, Brazil, Germany, Pakistan, Turkey, Mexico, Italy, Viet Nam, Russia and Iran lagged somewhat behind, together accounting for a further 27%.

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

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In value terms, France ($50M) constituted the largest supplier of lime to Finland, comprising 80% of total imports. The second position in the ranking was occupied by Belgium ($4.6M), with a 7.4% share of total imports. It was followed by Norway, with a 4.5% share.

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

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In value terms, the largest markets for lime exported from Finland were Sweden ($9.6M) and Russia ($7.8M), with a combined 98% share of total exports.

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

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The average lime export price stood at $138 per tonne in 2019, picking up by 4.3% against the previous year.

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

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The average lime import price stood at $152 per tonne in 2019, rising by 4.2% against the previous year.