Latest Report Update: Jan 9, 2021

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

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Nigeria: Lime Market Overview 2021

Lime Market Size in Nigeria

The Nigerien lime market reduced rapidly to $X in 2019, dropping by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a pronounced descent. The pace of growth appeared the most rapid in 2014 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2019, consumption failed to regain the momentum.

Lime Exports

Exports from Nigeria

For the fifth consecutive year, Nigeria recorded decline in overseas shipments of quicklime, slaked lime and hydraulic lime, which decreased by X% to X kg in 2019. Overall, exports saw a precipitous contraction. The growth pace was the most rapid in 2008 when exports increased by X% year-to-year. As a result, exports reached the peak of X tonnes. From 2009 to 2019, the growth exports failed to regain the momentum.

In value terms, lime exports totaled $X in 2019. In general, exports saw a abrupt setback. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. As a result, exports attained the peak of $X. From 2009 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

China (X tonnes) was the main destination for lime exports from Nigeria, with a X% share of total exports. Moreover, lime exports to China exceeded the volume sent to the second major destination, the Netherlands (X kg), fivefold.

From 2007 to 2017, the average annual rate of growth in terms of volume to China amounted to +X%.

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

From 2007 to 2017, the average annual rate of growth in terms of value to China amounted to +X%.

Export Prices by Country

In 2017, the average lime export price amounted to $X per tonne, with an increase of X% against the previous year. Overall, the export price recorded significant growth. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2017, the country with the highest price was China ($X per tonne), while the average price for exports to the Netherlands stood at $X per tonne.

From 2007 to 2017, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+X% per year).

Lime Imports

Imports into Nigeria

In 2019, overseas purchases of quicklime, slaked lime and hydraulic lime decreased by -X% to X tonnes, falling for the third consecutive year after three years of growth. In general, imports recorded a deep reduction. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of X tonnes. From 2017 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, lime imports fell rapidly to $X in 2019. Overall, imports showed a perceptible setback. The pace of growth was the most pronounced in 2014 when imports increased by X% y-o-y. Imports peaked at $X in 2016; however, from 2017 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Spain (X tonnes), the UK (X tonnes) and France (X tonnes) were the main suppliers of lime imports to Nigeria, together accounting for X% of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France, while imports for the other leaders experienced a decline.

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

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

Import Prices by Country

In 2019, the average lime import price amounted to $X per tonne, growing by X% against the previous year. In general, the import price saw a tangible expansion. The growth pace was the most rapid in 2009 an increase of X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per tonne in 2011; however, from 2012 to 2019, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per tonne), while the price for Spain ($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 UK, 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), together accounting for 46% 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), with a combined 46% share 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 Nigeria?
+
In value terms, the UK ($666K) constituted the largest supplier of lime to Nigeria, comprising 48% of total imports. The second position in the ranking was occupied by Spain ($292K), with a 21% share of total imports. It was followed by France, with a 19% share.
What are the leading importers of quicklime, slaked lime and hydraulic lime from Nigeria?
+
In value terms, China ($1.5K) emerged as the key foreign market for lime exports from Nigeria, comprising 91% of total exports. The second position in the ranking was occupied by the Netherlands ($159), with a 9.4% share of total exports.
What is the average export price for quicklime, slaked lime and hydraulic lime in Nigeria?
+
In 2017, the average lime export price amounted to $815 per tonne, jumping by 284% 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 $197 per tonne in 2019, increasing by 24% 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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
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, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

Webinar: Global Animal Feed Market - Global Outlook & Insights



Join our live webinar to get insights into the global animal feed market.



Thursday, February 11th, 2021 @ 10:00 am ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data