Report Update Apr 1, 2024

Republic of Korea - Hydraulic Lime - Market Analysis, Forecast, Size, Trends and Insights

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Republic of Korea: Hydraulic Lime Market 2024

Hydraulic Lime Market Size in Republic of Korea

The South Korean hydraulic lime market rose modestly to $X in 2022, with an increase of 4.1% against the previous year. In general, consumption, however, showed a drastic downturn. Hydraulic lime consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Hydraulic Lime Production in Republic of Korea

In value terms, hydraulic lime production reached $X in 2022 estimated in export price. In general, production, however, recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 24% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Hydraulic Lime Exports

Exports from Republic of Korea

After two years of decline, shipments abroad of hydraulic lime increased by 34% to X tons in 2022. In general, exports saw a resilient expansion. The pace of growth was the most pronounced in 2013 with an increase of 366% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, hydraulic lime exports rose sharply to $X in 2022. Overall, exports continue to indicate a strong expansion. The growth pace was the most rapid in 2013 when exports increased by 199% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

China (X tons), Indonesia (X tons) and India (X kg) were the main destinations of hydraulic lime exports from South Korea.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Indonesia (with a CAGR of +117.6%), while the other leaders experienced mixed trend patterns.

In value terms, China ($X) remains the key foreign market for hydraulic lime exports from South Korea, comprising 90% of total exports. The second position in the ranking was taken by India ($X), with a 6.7% share of total exports.

From 2012 to 2022, the average annual growth rate of value to China stood at +13.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-6.7% per year) and Indonesia (+62.1% per year).

Export Prices by Country

The average hydraulic lime export price stood at $X per ton in 2022, waning by -17.5% against the previous year. Over the period under review, the export price saw a perceptible contraction. The growth pace was the most rapid in 2015 when the average export price increased by 106%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (-3.3%), while the prices for the other major destinations experienced a decline.

Hydraulic Lime Imports

Imports into Republic of Korea

In 2022, imports of hydraulic lime into South Korea skyrocketed to X tons, picking up by 2,141% against 2021. In general, imports, however, saw a abrupt descent. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, hydraulic lime imports soared to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt setback. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Vietnam (X tons) was the main hydraulic lime supplier to South Korea, accounting for a approx. 99.9% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Vietnam was relatively modest.

In value terms, Vietnam ($X) constituted the largest supplier of hydraulic lime to South Korea.

From 2012 to 2022, the average annual rate of growth in terms of value from Vietnam was relatively modest.

Import Prices by Country

The average hydraulic lime import price stood at $X per ton in 2022, reducing by -13.9% against the previous year. Over the period under review, the import price saw a pronounced reduction. The growth pace was the most rapid in 2015 when the average import price increased by 276%. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Vietnam.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +193.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hydraulic lime in the world?

The country with the largest volume of hydraulic lime consumption was China, comprising approx. 24% of total volume. Moreover, hydraulic lime consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 9.8% share.

What are the largest producers of hydraulic lime in the world?

The country with the largest volume of hydraulic lime production was China, comprising approx. 24% of total volume. Moreover, hydraulic lime production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 9.8% share.

What are the leading suppliers of hydraulic lime to Republic of Korea?

In value terms, Vietnam constituted the largest supplier of hydraulic lime to South Korea.

What are the leading importers of hydraulic lime from Republic of Korea?

In value terms, China remains the key foreign market for hydraulic lime exports from South Korea, comprising 90% of total exports. The second position in the ranking was taken by India $515), with a 6.7% share of total exports.

What is the average export price for hydraulic lime in Republic of Korea?

In 2022, the average hydraulic lime export price amounted to $657 per ton, declining by -17.5% against the previous year.

What is the average import price for hydraulic lime in Republic of Korea?

In 2022, the average hydraulic lime import price amounted to $166 per ton, declining by -13.9% against the previous year.

This report provides an in-depth analysis of the hydraulic lime market in Republic of Korea. 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 2030.

Product coverage:

Prodcom 23521050 - Hydraulic lime

Country coverage:

South Korea

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Republic of Korea
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023