Mexico: Lime Market Overview 2021

Lime Market Size in Mexico

In 2019, the Mexican lime market increased by X% to $X, rising for the third year in a row after two years of decline. Over the period under review, consumption continues to indicate modest growth. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2019, consumption stood at a somewhat lower figure.

Lime Production in Mexico

In value terms, lime production stood at $X in 2019 estimated in export prices. Over the period under review, production showed a slight increase. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Lime production peaked at $X in 2014; however, from 2015 to 2019, production failed to regain the momentum.

Lime Exports

Exports from Mexico

In 2019, lime exports from Mexico declined notably to X tonnes, with a decrease of -X% on 2018 figures. In general, exports showed a drastic downturn. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. As a result, exports attained the peak of X tonnes. From 2017 to 2019, the growth exports failed to regain the momentum.

In value terms, lime exports contracted remarkably to $X in 2019. Over the period under review, total exports indicated mild growth from 2007 to 2019: its value decreased 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. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, exports reached the peak of $X, and then contracted remarkably in the following year.

Exports by Country

The U.S. (X tonnes) was the main destination for lime exports from Mexico, with a approx. X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to the U.S. stood at -X%.

In value terms, the U.S. ($X) also remains the key foreign market for lime exports from Mexico.

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

Export Prices by Country

In 2019, the average lime export price amounted to $X per tonne, surging by X% against the previous year. Overall, export price indicated a remarkable increase 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 export price increased by +X% against 2016 indices. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The export price peaked in 2019 and is expected to retain growth in the near future.

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

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

Lime Imports

Imports into Mexico

In 2019, supplies from abroad of quicklime, slaked lime and hydraulic lime was finally on the rise to reach X tonnes after five years of decline. Overall, imports, however, recorded a perceptible reduction. The pace of growth was the most pronounced in 2009 with an increase of X% against the previous year. Imports peaked at X tonnes in 2013; however, from 2014 to 2019, imports failed to regain the momentum.

In value terms, lime imports rose sharply to $X in 2019. Over the period under review, total imports indicated a moderate expansion from 2007 to 2019: its value decreased 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, imports decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, the U.S. (X tonnes) constituted the largest lime supplier to Mexico, with a X% share of total imports. Moreover, lime imports from the U.S. exceeded the figures recorded by the second-largest supplier, Japan (X tonnes), fourfold. Switzerland (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from the U.S. amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+X% per year) and Switzerland (+X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of lime to Mexico, comprising X% of total imports. The second position in the ranking was occupied by the UK ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from the U.S. stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-X% per year) and Japan (+X% per year).

Import Prices by Country

The average lime import price stood at $X per tonne in 2019, with an increase of X% against the previous year. Over the period under review, the import price continues to indicate strong growth. The growth pace was the most rapid in 2017 when the average import price increased by X% against the previous year. The import price peaked in 2019 and is expected to retain growth in the immediate term.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S., 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?

+

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?

+

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 Mexico?

+

In value terms, the U.S. ($673K) constituted the largest supplier of lime to Mexico, comprising 61% of total imports. The second position in the ranking was occupied by the UK ($238K), with a 22% share of total imports. It was followed by Japan, with a 7.2% share.

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

+

In value terms, the U.S. ($4.1M) remains the key foreign market for lime exports from Mexico.

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

+

The average lime export price stood at $234 per tonne in 2019, jumping by 16% against the previous year.

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

+

The average lime import price stood at $240 per tonne in 2019, growing by 4.1% against the previous year.