Turkey: Lime Market Overview 2021

Lime Market Size in Turkey

In 2019, the Turkish lime market increased by X% to $X, rising for the fourth consecutive year after four years of decline. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2010 when the market value increased by X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2011; however, from 2012 to 2019, consumption stood at a somewhat lower figure.

Lime Production in Turkey

In value terms, lime production rose modestly to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, production attained the maximum level at $X in 2011; however, from 2012 to 2019, production remained at a lower figure.

Lime Exports

Exports from Turkey

In 2019, overseas shipments of quicklime, slaked lime and hydraulic lime increased by X% to X tonnes, rising for the second year in a row after three years of decline. Over the period under review, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Exports peaked at X tonnes in 2014; however, from 2015 to 2019, exports remained at a lower figure.

In value terms, lime exports skyrocketed to $X in 2019. In general, exports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2012; however, from 2013 to 2019, exports failed to regain the momentum.

Exports by Country

Ghana (X tonnes), Canada (X tonnes) and Israel (X tonnes) were the main destinations of lime exports from Turkey, together comprising X% of total exports. Guinea, Mali, Madagascar and Mauritania lagged somewhat behind, together accounting for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Madagascar (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for lime exported from Turkey were Ghana ($X), Guinea ($X) and Canada ($X), together comprising X% of total exports. Mali, Israel, Madagascar and Mauritania lagged somewhat behind, together accounting for a further X the main countries of destination, Madagascar (+X% per year) saw the highest growth rate of 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, flattening at the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the average export price increased by X% year-to-year. As a result, export price attained the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

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

Lime Imports

Imports into Turkey

In 2019, purchases abroad of quicklime, slaked lime and hydraulic lime decreased by -X% to X tonnes, falling for the second consecutive year after eight years of growth. Overall, imports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, imports reached the maximum at X tonnes in 2017; however, from 2018 to 2019, imports stood at a somewhat lower figure.

In value terms, lime imports declined remarkably to $X in 2019. Over the period under review, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, France (X tonnes) constituted the largest lime supplier to Turkey, with a X% share of total imports. Moreover, lime imports from France exceeded the figures recorded by the second-largest supplier, Portugal (X tonnes), threefold. The third position in this ranking was occupied by Switzerland (X tonnes), with a X% share.

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

In value terms, the largest lime suppliers to Turkey were France ($X), Portugal ($X) and Switzerland ($X), with a combined X% share of total imports.

Among the main suppliers, Switzerland (+X% per year) recorded the highest rates of growth with regard to the value of imports, 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, reducing by -X% against the previous year. Over the period under review, the import price showed a mild setback. The most prominent rate of growth was recorded in 2009 an increase of X% y-o-y. The import price peaked at $X per tonne in 2012; however, from 2013 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 Germany ($X per tonne), while the price for France ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Portugal, 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?

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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 comprising 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), with a combined 46% share 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 Turkey?

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In value terms, the largest lime suppliers to Turkey were France ($511K), Portugal ($268K) and Switzerland ($106K), together comprising 88% of total imports.

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

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In value terms, Ghana ($2.4M), Guinea ($1.9M) and Canada ($1.4M) were the largest markets for lime exported from Turkey worldwide, together accounting for 48% of total exports. These countries were followed by Mali, Israel, Madagascar and Mauritania, which together accounted for a further 35%.

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

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In 2019, the average lime export price amounted to $92 per tonne, flattening at the previous year.

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

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The average lime import price stood at $220 per tonne in 2019, declining by -9.8% against the previous year.