Ireland: Lime Market Overview 2021

Lime Market Size in Ireland

The Irish lime market declined slightly to $X in 2019, waning by -X% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the market value increased by X% against the previous year. Lime consumption peaked at $X in 2014; however, from 2015 to 2019, consumption stood at a somewhat lower figure.

Lime Production in Ireland

In value terms, lime production contracted slightly to $X in 2019 estimated in export prices. Over the period under review, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2019, production remained at a lower figure.

Lime Exports

Exports from Ireland

In 2019, the amount of quicklime, slaked lime and hydraulic lime exported from Ireland amounted to X tonnes, picking up by X% compared with the previous year's figure. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2016 when exports increased by X% year-to-year. Exports peaked in 2019 and are likely to see gradual growth in the near future.

In value terms, lime exports stood at $X in 2019. The total export value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, exports attained the peak of $X. From 2015 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

The UK (X tonnes) was the main destination for lime exports from Ireland, accounting for a X% share of total exports. It was followed by the Netherlands (X tonnes), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to the UK stood at +X%.

In value terms, the UK ($X) remains the key foreign market for lime exports from Ireland, comprising X% of total exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to the UK stood at +X%.

Export Prices by Country

In 2019, the average lime export price amounted to $X per tonne, which is down by -X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2008 an increase of X% year-to-year. Over the period under review, average export prices hit record highs at $X per tonne in 2014; however, from 2015 to 2019, export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2019, the country with the highest price was the UK ($X per tonne), while the average price for exports to the Netherlands stood at $X per tonne.

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

Lime Imports

Imports into Ireland

In 2019, the amount of quicklime, slaked lime and hydraulic lime imported into Ireland dropped rapidly to X tonnes, with a decrease of -X% against the previous year's figure. Overall, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at X tonnes in 2011; however, from 2012 to 2019, imports remained at a lower figure.

In value terms, lime imports contracted markedly to $X in 2019. Over the period under review, imports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2009; however, from 2010 to 2019, imports stood at a somewhat lower figure.

Imports by Country

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

From 2007 to 2019, the average annual rate of growth in terms of volume from the UK amounted to -X%.

In value terms, the largest lime suppliers to Ireland were the U.S. ($X) and the UK ($X), with a combined X% share of total imports.

The U.S. saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review.

Import Prices by Country

The average lime import price stood at $X per tonne in 2019, picking up by X% against the previous year. Overall, import price indicated temperate growth from 2007 to 2019: its price 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, lime import price decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. As a result, import price reached the peak level of $X per tonne. From 2018 to 2019, the growth in terms of the average import prices remained at a lower figure.

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

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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), with a combined 46% share 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. 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 Ireland?

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In value terms, the U.S. ($141K) and the UK ($85K) constituted the largest lime suppliers to Ireland, together comprising 98% of total imports.

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

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In value terms, the UK ($3.2M) remains the key foreign market for lime exports from Ireland, comprising 99% of total exports. The second position in the ranking was occupied by the Netherlands ($38K), with a 1.2% share of total exports.

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

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In 2019, the average lime export price amounted to $140 per tonne, waning by -2.1% against the previous year.

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

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The average lime import price stood at $88 per tonne in 2019, growing by 6.2% against the previous year.