Russian Federation: Lime Market Overview 2021

Lime Market Size in the Russian Federation

The Russian lime market expanded slightly to $X in 2019, growing by X% against the previous year. In general, the total consumption indicated a measured expansion from 2007 to 2019: its value increased 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, consumption increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2010 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2019, consumption remained at a lower figure.

Lime Production in the Russian Federation

In value terms, lime production rose to $X in 2019 estimated in export prices. Over the period under review, the total production indicated a notable expansion from 2007 to 2019: its value 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, production increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2019, production stood at a somewhat lower figure.

Lime Exports

Exports from the Russian Federation

In 2019, overseas shipments of quicklime, slaked lime and hydraulic lime increased by X% to X tonnes, rising for the fifth year in a row after two years of decline. Overall, exports recorded a buoyant increase. The growth pace was the most rapid in 2012 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum in 2019 and are likely to see steady growth in years to come.

In value terms, lime exports skyrocketed to $X in 2019. In general, exports continue to indicate resilient growth. The growth pace was the most rapid in 2012 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum in 2019 and are likely to see gradual growth in the near future.

Exports by Country

Belarus (X tonnes), Kazakhstan (X tonnes) and Finland (X tonnes) were the main destinations of lime exports from Russia, together accounting for X% of total exports.

From 2007 to 2019, the biggest increases were in Finland (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X), Kazakhstan ($X) and Finland ($X) constituted the largest markets for lime exported from Russia worldwide, together accounting for X% of total exports.

Among the main countries of destination, Finland (+X% per year) recorded 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

The average lime export price stood at $X per tonne in 2019, falling by -X% against the previous year. Overall, the export price continues to indicate a noticeable setback. The pace of growth appeared the most rapid in 2011 an increase of X% against the previous year. The export price peaked at $X per tonne in 2013; however, from 2014 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Finland ($X per tonne), while the average price for exports to Belarus ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine, while the prices for the other major destinations experienced a decline.

Lime Imports

Imports into the Russian Federation

In 2019, purchases abroad of quicklime, slaked lime and hydraulic lime increased by X% to X tonnes for the first time since 2013, thus ending a five-year declining trend. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. As a result, imports reached the peak of X tonnes. From 2014 to 2019, the growth imports remained at a lower figure.

In value terms, lime imports reached $X in 2019. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by X% year-to-year. As a result, imports reached the peak of $X. From 2014 to 2019, the growth imports failed to regain the momentum.

Imports by Country

In 2019, Finland (X tonnes) constituted the largest lime supplier to Russia, accounting for a X% share of total imports. Moreover, lime imports from Finland exceeded the figures recorded by the second-largest supplier, Belarus (X tonnes), threefold. Kazakhstan (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 Finland amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (-X% per year) and Kazakhstan (+X% per year).

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

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

Import Prices by Country

In 2019, the average lime import price amounted to $X per tonne, reducing by -X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average import prices remained at a somewhat lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Poland, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for quicklime, slaked lime and hydraulic lime in the world?

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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?

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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 comprising 46% of global production. These countries were followed by Indonesia, Brazil, Germany, Pakistan, Turkey, Mexico, Italy, Viet Nam, Russia and Iran, which together accounted for a further 27%.

What are the leading suppliers of quicklime, slaked lime and hydraulic lime to the Russian Federation?

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In value terms, Finland ($11M) constituted the largest supplier of lime to Russia, comprising 80% of total imports. The second position in the ranking was occupied by Belarus ($1.5M), with a 11% share of total imports. It was followed by Poland, with a 1.8% share.

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

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In value terms, Belarus ($6.9M), Kazakhstan ($5.7M) and Finland ($1.2M) appeared to be the largest markets for lime exported from Russia worldwide, with a combined 96% share of total exports.

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

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In 2019, the average lime export price amounted to $76 per tonne, dropping by -2.3% against the previous year.

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

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The average lime import price stood at $152 per tonne in 2019, declining by -4.5% against the previous year.