Georgia: Lime Market 2020

Lime Market Size in Georgia

The revenue of the lime market in Georgia amounted to $X in 2018, lowering by -X% against the previous year. Over the period under review, the total market indicated a noticeable expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 when the market value increased by X% year-to-year. In that year, the lime market attained its peak level of $X. From 2012 to 2018, the growth of the lime market remained at a somewhat lower figure.

Lime Production in Georgia

In value terms, lime production totaled $X in 2018 estimated in export prices. Over the period under review, the total output indicated resilient growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, lime production increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2011 when production volume increased by X% against the previous year. Over the period under review, lime production attained its peak figure level in 2018 and is expected to retain its growth in the near future.

Lime Exports

Exports from Georgia

In 2018, approx. X tons of quicklime, slaked lime and hydraulic lime were exported from Georgia; picking up by X% against the previous year. Overall, lime exports continue to indicate an extraordinary expansion. The pace of growth was the most pronounced in 2014 when exports increased by X% y-o-y. Over the period under review, lime exports attained their peak figure in 2018 and are expected to retain its growth in the near future.

In value terms, lime exports totaled $X in 2018. In general, lime exports continue to indicate a skyrocketing increase. The growth pace was the most rapid in 2014 when exports increased by X% year-to-year. Georgia exports peaked in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

In 2018, France (X tons), Germany (X tons), Vietnam (X tons), Belgium (X tons), Malaysia (X tons), Argentina (X tons), the U.S. (X tons), the Czech Republic (X tons), Canada (X tons), Spain (X tons), China (X tons) and Norway (X tons) were the main exporters of quicklime, slaked lime and hydraulic lime in the world, mixing up X% of total export.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Georgia, while the other leaders experienced more modest paces of growth.

In value terms, the largest lime markets from Georgia were France ($X), Germany ($X) and Belgium ($X), with a combined X% share of total exports. These countries were followed by Vietnam, the U.S., Argentina, Malaysia, Canada, the Czech Republic, Spain, China, Norway and Georgia, which together accounted for a further X experienced the highest rates of growth with regard to exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the lime export price in Georgia amounted to $X per ton, lowering by -X% against the previous year. In general, the lime export price continues to indicate a deep drop. The pace of growth was the most pronounced in 2009 when the export price increased by X% against the previous year. Over the period under review, the export prices for quicklime, slaked lime and hydraulic lime attained their peak figure at $X per ton in 2010; however, from 2011 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Lime Imports

Imports into Georgia

In 2018, the imports of quicklime, slaked lime and hydraulic lime into Georgia stood at X tons, declining by -X% against the previous year. Overall, lime imports continue to indicate an abrupt downturn. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. Over the period under review, lime imports reached their peak figure at X tons in 2013; however, from 2014 to 2018, imports failed to regain their momentum.

In value terms, lime imports amounted to $X in 2018. Overall, lime imports continue to indicate a deep contraction. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. Georgia imports peaked at $X in 2013; however, from 2014 to 2018, imports remained at a lower figure.

Imports by Country

The Netherlands (X tons) and India (X tons) represented the key importers of quicklime, slaked lime and hydraulic lime in 2018, accounting for approx. X% and X% of total imports, respectively. Finland (X tons) held the next position in the ranking, followed by Taiwan, Chinese (X tons), Germany (X tons), Chile (X tons) and France (X tons). All these countries together occupied approx. X% share of total imports. Canada (X tons), the U.S. (X tons), Democratic Republic of the Congo (X tons), Belgium (X tons) and Poland (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Democratic Republic of the Congo, while the other leaders experienced more modest paces of growth.

In value terms, the largest lime importing markets into Georgia were the Netherlands ($X), India ($X) and Chile ($X), with a combined X% share of total imports.

India experienced the highest rates of growth with regard to imports, among the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The lime import price in Georgia stood at $X per ton in 2018, jumping by X% against the previous year. Overall, the lime import price, however, continues to indicate a slight drop. The pace of growth appeared the most rapid in 2011 an increase of X% year-to-year. In that year, the import prices for quicklime, slaked lime and hydraulic lime attained their peak level of $X per ton. From 2012 to 2018, the growth in terms of the import prices for quicklime, slaked lime and hydraulic lime remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the U.S. ($X per ton), while Taiwan, Chinese ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Taiwan, Chinese, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform