Spain: Lime Market Overview 2021

Lime Market Size in Spain

In 2019, the Spanish lime market increased by X% to $X, rising for the third consecutive year after three years of decline. Over the period under review, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Lime consumption peaked at $X in 2008; however, from 2009 to 2019, consumption remained at a lower figure.

Lime Production in Spain

In value terms, lime production stood at $X in 2019 estimated in export prices. In general, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the production volume increased by X% year-to-year. As a result, production reached the peak level of $X. From 2009 to 2019, production growth remained at a lower figure.

Lime Exports

Exports from Spain

In 2019, lime exports from Spain surged to X tonnes, jumping by X% compared with the previous year. In general, total exports indicated buoyant growth from 2007 to 2019: its volume 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, exports increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Exports peaked in 2019 and are likely to continue growth in years to come.

In value terms, lime exports soared to $X in 2019. Overall, total exports indicated strong growth 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, exports increased by +X% against 2015 indices. The growth pace was the most rapid in 2009 with an increase of X% against the previous year. Over the period under review, exports attained the maximum in 2019 and are likely to see steady growth in the immediate term.

Exports by Country

France (X tonnes) was the main destination for lime exports from Spain, with a X% share of total exports. Moreover, lime exports to France exceeded the volume sent to the second major destination, Ghana (X tonnes), fourfold. Finland (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual growth rate of volume to France stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ghana (+X% per year) and Finland (+X% per year).

In value terms, France ($X) remains the key foreign market for lime exports from Spain, comprising X% of total exports. The second position in the ranking was occupied by Ghana ($X), with a X% share of total exports. It was followed by Finland, with a X% share.

From 2007 to 2019, the average annual growth rate of value to France amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ghana (+X% per year) and Finland (+X% per year).

Export Prices by Country

In 2019, the average lime export price amounted to $X per tonne, growing by X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% year-to-year. Over the period under review, average export prices attained the peak figure at $X per tonne in 2014; however, from 2015 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per tonne), while the average price for exports to Ghana ($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 France, while the prices for the other major destinations experienced more modest paces of growth.

Lime Imports

Imports into Spain

For the fourth year in a row, Spain recorded growth in purchases abroad of quicklime, slaked lime and hydraulic lime, which increased by X% to X tonnes in 2019. Over the period under review, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked in 2019 and are likely to see steady growth in years to come.

In value terms, lime imports soared to $X in 2019. In general, imports showed prominent growth. The pace of growth appeared the most rapid in 2014 when imports increased by X% year-to-year. Imports peaked in 2019 and are likely to continue growth in the near future.

Imports by Country

Portugal (X tonnes), France (X tonnes) and Germany (X tonnes) were the main suppliers of lime imports to Spain, 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 more modest paces of growth.

In value terms, the largest lime suppliers to Spain were Portugal ($X), France ($X) and Germany ($X), together accounting for X% of total imports.

France saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average lime import price stood at $X per tonne in 2019, growing by X% against the previous year. Overall, the import price, however, recorded a mild contraction. The pace of growth appeared the most rapid in 2010 an increase of X% against the previous year. The import price peaked at $X per tonne in 2013; however, from 2014 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Germany ($X per tonne), while the price for Portugal ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced mixed trend patterns.

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), with a combined 46% share 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), 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 Spain?

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In value terms, the largest lime suppliers to Spain were Portugal ($3.3M), France ($3.2M) and Germany ($780K), together comprising 97% of total imports.

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

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In value terms, France ($16M) remains the key foreign market for lime exports from Spain, comprising 41% of total exports. The second position in the ranking was occupied by Ghana ($3.4M), with a 8.5% share of total exports. It was followed by Finland, with a 7.3% share.

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

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In 2019, the average lime export price amounted to $121 per tonne, surging by 5.7% against the previous year.

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

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The average lime import price stood at $143 per tonne in 2019, surging by 26% against the previous year.