Indonesia: Lime Market Overview 2021

Lime Market Size in Indonesia

In 2019, the Indonesian lime market decreased by -X% to $X, falling for the second year in a row after three years of growth. Overall, the total consumption indicated a tangible increase 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 decreased by -X% against 2017 indices. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. Lime consumption peaked at $X in 2017; however, from 2018 to 2019, consumption failed to regain the momentum.

Lime Production in Indonesia

In value terms, lime production fell modestly to $X in 2019 estimated in export prices. In general, the total production indicated a tangible increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2016 when the production volume increased by X% year-to-year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2019, production remained at a lower figure.

Lime Exports

Exports from Indonesia

Lime exports from Indonesia expanded to X tonnes in 2019, with an increase of X% against the previous year's figure. Over the period under review, exports, however, showed a noticeable decline. The growth pace was the most rapid in 2017 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at X tonnes in 2010; however, from 2011 to 2019, exports remained at a lower figure.

In value terms, lime exports declined to $X in 2019. In general, exports, however, saw a perceptible decrease. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, exports reached the maximum at $X in 2010; however, from 2011 to 2019, exports failed to regain the momentum.

Exports by Country

The Philippines (X tonnes) was the main destination for lime exports from Indonesia, 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 Philippines stood at +X%.

In value terms, the Philippines ($X) also remains the key foreign market for lime exports from Indonesia.

From 2007 to 2019, the average annual growth rate of value to the Philippines totaled +X%.

Export Prices by Country

The average lime export price stood at $X per tonne in 2019, which is down by -X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by X% y-o-y. Over the period under review, average export prices reached the peak figure at $X per tonne in 2017; however, from 2018 to 2019, export prices stood at a somewhat lower figure.

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

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

Lime Imports

Imports into Indonesia

Lime imports into Indonesia surged to X tonnes in 2019, growing by X% on the year before. In general, imports saw a prominent expansion. The pace of growth appeared the most rapid in 2009 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2019 and are expected to retain growth in years to come.

In value terms, lime imports skyrocketed to $X in 2019. Over the period under review, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2019 and are expected to retain growth in the immediate term.

Imports by Country

Malaysia (X tonnes), Viet Nam (X tonnes) and Thailand (X tonnes) were the main suppliers of lime imports to Indonesia, with a combined X% share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Viet Nam ($X) and Thailand ($X) were the largest lime suppliers to Indonesia, with a combined X% share of total imports.

Viet Nam (+X% per year) saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average lime import price amounted to $X per tonne, surging by X% against the previous year. Over the period under review, the import price posted a slight increase. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. As a result, import price reached the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2019, the countries with the highest prices were Viet Nam ($X per tonne) and China ($X per tonne), while the price for Thailand ($X per tonne) and Malaysia ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Viet Nam, while the prices for the other major suppliers experienced mixed trend patterns.

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), together comprising 46% 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), together comprising 46% 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 Indonesia?

+

In value terms, Malaysia ($13M), Viet Nam ($6.7M) and Thailand ($1.4M) constituted the largest lime suppliers to Indonesia, with a combined 95% share of total imports.

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

+

In value terms, the Philippines ($3.6M) remains the key foreign market for lime exports from Indonesia.

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

+

In 2019, the average lime export price amounted to $130 per tonne, declining by -5.3% against the previous year.

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

+

In 2019, the average lime import price amounted to $113 per tonne, jumping by 20% against the previous year.