Asia-Pacific: Lime Market 2025

Lime Market Size in Asia-Pacific

The Asia-Pacific lime market expanded slightly to $X in 2021, increasing by 2.2% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Lime Production in Asia-Pacific

In value terms, lime production amounted to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 11% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Lime Exports

Exports in Asia-Pacific

After two years of decline, shipments abroad of quicklime, slaked lime and hydraulic lime increased by 6.2% to X tons in 2021. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by 13%. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, lime exports stood at $X in 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from Malaysia (X tons), Vietnam (X tons) and Thailand (X tons), together finishing at 86% of total export. It was distantly followed by China (X tons), achieving a 7% share of total exports. The following exporters - New Zealand (X tons) and India (X tons) - each amounted to a 4% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +5.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Vietnam ($X) and Thailand ($X) were the countries with the highest levels of exports in 2021, with a combined 77% share of total exports.

In terms of the main exporting countries, Malaysia, with a CAGR of +4.0%, 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 export price in Asia-Pacific stood at $X per ton in 2021, with an increase of 6.3% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 23% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 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, the country with the highest price was China ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+7.0%), while the other leaders experienced more modest paces of growth.

Lime Imports

Imports in Asia-Pacific

After two years of decline, supplies from abroad of quicklime, slaked lime and hydraulic lime increased by 7.9% to X tons in 2021. The total import volume increased at an average annual rate of +1.1% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when imports increased by 17% against the previous year. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, lime imports soared to $X in 2021. The total import value increased at an average annual rate of +2.3% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Australia (X tons), Taiwan (Chinese) (X tons), Papua New Guinea (X tons), Indonesia (X tons), India (X tons) and Bangladesh (X tons) represented the major importer of quicklime, slaked lime and hydraulic lime in Asia-Pacific, achieving 79% of total import. The Philippines (X tons) took the next position in the ranking, followed by Singapore (X tons). All these countries together held approx. 11% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Bangladesh (with a CAGR of +31.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest lime importing markets in Asia-Pacific were Australia ($X), Taiwan (Chinese) ($X) and Indonesia ($X), with a combined 43% share of total imports. These countries were followed by Bangladesh, India, Papua New Guinea, Singapore and the Philippines, which together accounted for a further 46%.

Bangladesh, with a CAGR of +30.9%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2021, surging by 14% against the previous year. Over the last nine years, it increased at an average annual rate of +1.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Singapore ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+5.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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