Australia and Oceania: Slaked Lime Market 2024

Slaked Lime Market Size in Australia and Oceania

The slaked lime market in Australia and Oceania expanded sharply to $X in 2021, growing by 8.2% against the previous year. In general, consumption enjoyed resilient growth. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Slaked Lime Production in Australia and Oceania

In value terms, slaked lime production stood at $X in 2021 estimated in export price. In general, production saw a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of 120%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Slaked Lime Exports

Exports in Australia and Oceania

Slaked lime exports skyrocketed to X tons in 2021, rising by 133% against the previous year's figure. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 731% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, slaked lime exports skyrocketed to $X in 2021. In general, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 364%. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

Australia represented the key exporting country with an export of about X tons, which recorded 84% of total exports. It was distantly followed by New Zealand (X tons), committing a 16% share of total exports.

Australia was also the fastest-growing in terms of the slaked lime exports, with a CAGR of +33.2% from 2012 to 2021. At the same time, New Zealand (+12.1%) displayed positive paces of growth. Australia (+32 p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by -31.6% from 2012 to 2021, respectively.

In value terms, Australia ($X) remains the largest slaked lime supplier in Australia and Oceania, comprising 89% of total exports. The second position in the ranking was taken by New Zealand ($X), with an 11% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Australia totaled +28.5%.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, increasing by 9.7% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 133% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+3.7%).

Slaked Lime Imports

Imports in Australia and Oceania

In 2021, slaked lime imports in Australia and Oceania contracted modestly to X tons, declining by -5% on the previous year. Over the period under review, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of 383%. The volume of import peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, slaked lime imports totaled $X in 2021. In general, imports, however, saw a strong expansion. The pace of growth was the most pronounced in 2013 when imports increased by 214% against the previous year. The level of import peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

Australia was the main importing country with an import of about X tons, which reached 73% of total imports. It was distantly followed by Papua New Guinea (X tons) and Fiji (X tons), together achieving a 24% share of total imports. New Zealand (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to slaked lime imports into Australia stood at +17.7%. At the same time, Fiji (+33.7%), Papua New Guinea (+29.8%) and New Zealand (+9.1%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +33.7% from 2012-2021. Papua New Guinea (+9.4 p.p.) and Fiji (+3.9 p.p.) significantly strengthened its position in terms of the total imports, while New Zealand and Australia saw its share reduced by -2.3% and -9.7% from 2012 to 2021, respectively.

In value terms, Australia ($X) constitutes the largest market for imported slaked lime in Australia and Oceania, comprising 75% of total imports. The second position in the ranking was held by Papua New Guinea ($X), with a 12% share of total imports. It was followed by Fiji, with an 8.8% share.

From 2012 to 2021, the average annual growth rate of value in Australia stood at +17.8%. The remaining importing countries recorded the following average annual rates of imports growth: Papua New Guinea (+7.7% per year) and Fiji (+38.9% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, growing by 7.8% against the previous year. In general, the import price, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2017 when the import price increased by 22%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Zealand ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+5.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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