Southern Asia: Slaked Lime Market 2024

Slaked Lime Market Size in Southern Asia

After two years of growth, the South Asian slaked lime market decreased by -1.1% to $X in 2021. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2020, and then contracted modestly in the following year.

Slaked Lime Production in Southern Asia

In value terms, slaked lime production contracted modestly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 14% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Slaked Lime Exports

Exports in Southern Asia

In 2021, approx. X tons of slaked lime were exported in Southern Asia; with a decrease of -1.6% compared with 2020 figures. Over the period under review, exports showed a noticeable decline. The most prominent rate of growth was recorded in 2015 with an increase of 572%. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, slaked lime exports reached $X in 2021. In general, exports saw a abrupt setback. The growth pace was the most rapid in 2015 with an increase of 697%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

India dominates exports structure, accounting for X tons, which was approx. 96% of total exports in 2021. Pakistan (X tons) followed a long way behind the leaders.

Exports from India decreased at an average annual rate of -4.0% from 2012 to 2021. At the same time, Pakistan (+4.2%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +4.2% from 2012-2021. From 2012 to 2021, the share of Pakistan increased by +2.1 percentage points.

In value terms, India ($X) remains the largest slaked lime supplier in Southern Asia, comprising 97% of total exports. The second position in the ranking was held by Pakistan ($X), with a 2.5% share of total exports.

From 2012 to 2021, the average annual growth rate of value in India stood at -7.4%.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per ton, with an increase of 15% against the previous year. In general, the export price, however, showed a perceptible decline. The pace of growth was the most pronounced in 2019 when the export price increased by 20% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a 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 India ($X per ton), while Pakistan totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+9.3%).

Slaked Lime Imports

Imports in Southern Asia

In 2021, approx. X tons of slaked lime were imported in Southern Asia; jumping by 44% on the previous year. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by 115%. The volume of import peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, slaked lime imports surged to $X in 2021. In general, imports posted strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, India (X tons) represented the main importer of slaked lime, generating 63% of total imports. Sri Lanka (X tons) ranks second in terms of the total imports with a 21% share, followed by Bangladesh (12%). Pakistan (X tons) held a little share of total imports.

Imports into India decreased at an average annual rate of -2.8% from 2012 to 2021. At the same time, Pakistan (+21.8%), Sri Lanka (+12.8%) and Bangladesh (+6.4%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +21.8% from 2012-2021. While the share of Sri Lanka (+14 p.p.), Bangladesh (+4.8 p.p.) and Pakistan (+1.6 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of India (-20.3 p.p.) displayed negative dynamics.

In value terms, India ($X) constitutes the largest market for imported slaked lime in Southern Asia, comprising 73% of total imports. The second position in the ranking was taken by Sri Lanka ($X), with a 14% share of total imports. It was followed by Bangladesh, with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value in India totaled +4.4%. The remaining importing countries recorded the following average annual rates of imports growth: Sri Lanka (+17.0% per year) and Bangladesh (+12.2% per year).

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per ton, increasing by 46% against the previous year. Import price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, slaked lime import price increased by +83.3% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+7.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :