Malaysia: Lime Market Overview 2021

Lime Market Size in Malaysia

In 2019, the Malaysian lime market increased by X% to $X for the first time since 2016, thus ending a two-year declining trend. Over the period under review, consumption saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 when the market value increased by X% against the previous year. Lime consumption peaked at $X in 2016; however, from 2017 to 2019, consumption stood at a somewhat lower figure.

Lime Production in Malaysia

In value terms, lime production expanded slightly to $X in 2019 estimated in export prices. The total output 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 was the most pronounced in 2017 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2019, production growth failed to regain the momentum.

Lime Exports

Exports from Malaysia

In 2019, approx. X tonnes of quicklime, slaked lime and hydraulic lime were exported from Malaysia; increasing by X% against the previous year's figure. In general, total exports indicated a resilient increase from 2007 to 2019: its volume 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, exports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, exports hit record highs in 2019 and are expected to retain growth in years to come.

In value terms, lime exports rose markedly to $X in 2019. Overall, total exports indicated a pronounced expansion 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, exports decreased by -X% against 2017 indices. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, exports attained the peak of $X. From 2018 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

Indonesia (X tonnes), India (X tonnes) and Taiwan (Chinese) (X tonnes) were the main destinations of lime exports from Malaysia, with a combined X% share of total exports. These countries were followed by Australia, Singapore, the Philippines, Papua New Guinea and Bangladesh, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Australia (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), Indonesia ($X) and India ($X) appeared to be the largest markets for lime exported from Malaysia worldwide, with a combined X% share of total exports. Taiwan (Chinese), Australia, the Philippines, Papua New Guinea and Bangladesh lagged somewhat behind, together accounting for a further X the main countries of destination, Australia (+X% per year) recorded the highest growth rate of 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

The average lime export price stood at $X per tonne in 2019, standing approx. at the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 an increase of X% year-to-year. The export price peaked at $X per tonne in 2016; however, from 2017 to 2019, export prices failed to regain the momentum.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was Singapore ($X per tonne), while the average price for exports to India ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia, while the prices for the other major destinations experienced more modest paces of growth.

Lime Imports

Imports into Malaysia

In 2019, after three years of decline, there was significant growth in overseas purchases of quicklime, slaked lime and hydraulic lime, when their volume increased by X% to X tonnes. In general, imports, however, showed a perceptible downturn. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. As a result, imports reached the peak of X tonnes. From 2014 to 2019, the growth imports remained at a lower figure.

In value terms, lime imports surged to $X in 2019. Over the period under review, imports, however, showed a pronounced descent. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. As a result, imports reached the peak of $X. From 2014 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

Spain (X tonnes), Viet Nam (X tonnes) and Belgium (X tonnes) were the main suppliers of lime imports to Malaysia, with a combined X% share of total imports. Myanmar lagged somewhat behind, comprising a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Myanmar (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of lime to Malaysia, comprising X% of total imports. The second position in the ranking was occupied by Viet Nam ($X), with a X% share of total imports. It was followed by Myanmar, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from Spain totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Viet Nam (+X% per year) and Myanmar (+X% per year).

Import Prices by Country

In 2019, the average lime import price amounted to $X per tonne, waning by -X% against the previous year. Overall, import price indicated a mild expansion from 2007 to 2019: its price 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, lime import price decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2010 an increase of X% y-o-y. As a result, import price reached the peak level of $X per tonne. From 2011 to 2019, the growth in terms of the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Myanmar ($X per tonne), while the price for Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Myanmar, while the prices for the other major suppliers experienced more modest paces of growth.

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 accounting for 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 Malaysia?

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In value terms, Spain ($915K) constituted the largest supplier of lime to Malaysia, comprising 57% of total imports. The second position in the ranking was occupied by Viet Nam ($405K), with a 25% share of total imports. It was followed by Myanmar, with a 6.8% share.

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

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In value terms, Singapore ($9.5M), Indonesia ($9.1M) and India ($6.2M) constituted the largest markets for lime exported from Malaysia worldwide, together comprising 52% of total exports. Taiwan (Chinese), Australia, the Philippines, Papua New Guinea and Bangladesh lagged somewhat behind, together comprising a further 42%.

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

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In 2019, the average lime export price amounted to $100 per tonne, therefore, remained relatively stable against the previous year.

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

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The average lime import price stood at $152 per tonne in 2019, with a decrease of -7.3% against the previous year.