Middle East: Slaked Lime Market 2024

Slaked Lime Market Size in the Middle East

In 2021, after seven years of growth, there was decline in the Middle Eastern slaked lime market, when its value decreased by -1.3% to $X. The market value increased at an average annual rate of +3.8% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2020, and then contracted modestly in the following year.

Slaked Lime Production in the Middle East

In value terms, slaked lime production fell modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.8% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 with an increase of 19%. The level of production peaked at $X in 2020, and then fell in the following year.

Slaked Lime Exports

Exports in the Middle East

In 2021, approx. X tons of slaked lime were exported in the Middle East; shrinking by -26% against the year before. Overall, exports saw a deep setback. The most prominent rate of growth was recorded in 2016 with an increase of 347%. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, slaked lime exports reduced markedly to $X in 2021. In general, exports continue to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2016 when exports increased by 461% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Turkey (X tons) and Oman (X tons) represented roughly 68% of total exports in 2021. Israel (X tons) held the next position in the ranking, followed by Saudi Arabia (X tons). All these countries together took near 29% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Israel (with a CAGR of +62.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Oman ($X), Turkey ($X) and Israel ($X) were the countries with the highest levels of exports in 2021, with a combined 79% share of total exports.

In terms of the main exporting countries, Israel, with a CAGR of +49.6%, saw the highest rates of growth with regard to 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

In 2021, the export price in the Middle East amounted to $X per ton, growing by 11% against the previous year. Over the last nine years, it increased at an average annual rate of +3.9%. The most prominent rate of growth was recorded in 2016 when the export price increased by 26% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Israel ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+2.9%), while the other leaders experienced more modest paces of growth.

Slaked Lime Imports

Imports in the Middle East

In 2021, the amount of slaked lime imported in the Middle East contracted rapidly to X tons, falling by -18.3% on the previous year's figure. Over the period under review, imports, however, saw resilient growth. The growth pace was the most rapid in 2014 when imports increased by 358%. The volume of import peaked at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, slaked lime imports dropped modestly to $X in 2021. In general, imports, however, recorded a strong expansion. The growth pace was the most rapid in 2014 with an increase of 160% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Oman (X tons), distantly followed by the United Arab Emirates (X tons), Palestine (X tons), Israel (X tons), Jordan (X tons) and Qatar (X tons) were the largest importers of slaked lime, together comprising 92% of total imports. Bahrain (X tons) held a relatively small share of total imports.

From 2012 to 2021, the biggest increases were recorded for Palestine (with a CAGR of +60.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest slaked lime importing markets in the Middle East were Oman ($X), the United Arab Emirates ($X) and Palestine ($X), together accounting for 56% of total imports.

In terms of the main importing countries, Palestine, with a CAGR of +65.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2021, with an increase of 19% against the previous year. Import price indicated modest growth from 2012 to 2021: its price increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 an increase of 41% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bahrain ($X per ton), while Jordan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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