Latest Report Update: Sep 1, 2021

Nigeria - Quicklime, Slaked Lime And Hydraulic Lime - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Nigeria: Lime Market Overview 2021

Lime Market Size in Nigeria

The Nigerien lime market was finally on the rise to reach $X in 2020, after three years of decline. Over the period under review, consumption, however, recorded 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. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2020, consumption remained at a lower figure.

Lime Exports

Exports from Nigeria

In 2020, shipments abroad of quicklime, slaked lime and hydraulic lime increased by X% to X tonnes, rising for the fourth consecutive year after two years of decline. In general, exports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure in 2020 and are likely to continue growth in the near future.

In value terms, lime exports skyrocketed to $X in 2020. Over the period under review, exports posted a prominent increase. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, exports attained the maximum in 2020 and are expected to retain growth in the near future.

Exports by Country

Niger (X tonnes) was the main destination for lime exports from Nigeria, with a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Niger stood at +X%.

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

From 2007 to 2020, the average annual rate of growth in terms of value to Niger totaled +X%.

Export Prices by Country

In 2020, the average lime export price amounted to $X per tonne, increasing by X% against the previous year. Overall, the export price enjoyed strong growth. The pace of growth appeared the most rapid in 2011 an increase of X% y-o-y. Over the period under review, average export prices hit record highs at $X per tonne in 2013; however, from 2014 to 2020, export prices failed to regain the momentum.

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

From 2007 to 2020, the rate of growth in terms of prices for Niger amounted to +X% per year.

Lime Imports

Imports into Nigeria

In 2020, supplies from abroad of quicklime, slaked lime and hydraulic lime increased by X% to X tonnes for the first time since 2016, thus ending a three-year declining trend. Over the period under review, imports, however, continue to indicate a noticeable reduction. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports attained the peak of X tonnes. from 2017 to 2020, the growth imports failed to regain the momentum.

In value terms, lime imports skyrocketed to $X in 2020. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Imports peaked at $X in 2016; however, from 2017 to 2020, imports stood at a somewhat lower figure.

Imports by Country

France (X tonnes), Spain (X tonnes) and the UK (X tonnes) were the main suppliers of lime imports to Nigeria, with a combined X% share of total imports. These countries were followed by Botswana, Italy, the United Arab Emirates and Pakistan, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Pakistan, while imports for the other leaders experienced more modest paces of growth.

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

From 2007 to 2020, the average annual growth rate of value from Botswana stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and France (+X% per year).

Import Prices by Country

The average lime import price stood at $X per tonne in 2020, shrinking by -X% against the previous year. In general, import price indicated notable growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, lime import price increased by +X% against 2017 indices. The growth pace was the most rapid in 2010 an increase of X% y-o-y. The import price peaked at $X per tonne in 2013; however, from 2014 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Botswana ($X per tonne), while the price for Pakistan ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for quicklime, slaked lime and hydraulic lime in the world?
+
China (43M tonnes) remains the largest lime consuming country worldwide, comprising approx. 26% of total volume. Moreover, lime consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (16M tonnes), threefold. Japan (14M tonnes) ranked third in terms of total consumption with a 8.2% share.
What are the largest producers of quicklime, slaked lime and hydraulic lime in the world?
+
China (44M tonnes) remains the largest lime producing country worldwide, accounting for 26% of total volume. Moreover, lime production in China exceeded the figures recorded by the second-largest producer, the U.S. (16M tonnes), threefold. Japan (14M tonnes) ranked third in terms of total production with a 8.2% share.
What are the leading suppliers of quicklime, slaked lime and hydraulic lime to Nigeria?
+
In value terms, Botswana ($744K) constituted the largest supplier of lime to Nigeria, comprising 41% of total imports. The second position in the ranking was occupied by the UK ($218K), with a 12% share of total imports. It was followed by France, with a 11% share.
What are the leading importers of quicklime, slaked lime and hydraulic lime from Nigeria?
+
In value terms, Niger ($23K) remains the key foreign market for lime exports from Nigeria.
What is the average export price for quicklime, slaked lime and hydraulic lime in Nigeria?
+
In 2020, the average lime export price amounted to $308 per tonne, with an increase of 6.8% against the previous year.
What is the average import price for quicklime, slaked lime and hydraulic lime in Nigeria?
+
The average lime import price stood at $169 per tonne in 2020, which is down by -8.6% against the previous year.

Product coverage:
• Prodcom 23521033 - Quicklime
• Prodcom 23521035 - Slaked lime
• Prodcom 23521050 - Hydraulic lime

This report provides an in-depth analysis of the lime market in Nigeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Nigeria

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Nigeria
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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