Austria: Slaked Lime Market 2024

Slaked Lime Market Size in Austria

For the sixth year in a row, the Austrian slaked lime market recorded growth in sales value, which increased by less than 0.1% to $X in 2021. Over the period under review, the total consumption indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +80.8% against 2015 indices. Over the period under review, the market hit record highs in 2021 and is likely to see gradual growth in the immediate term.

Slaked Lime Production in Austria

In value terms, slaked lime production totaled $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the production volume increased by 17%. Slaked lime production peaked in 2021 and is expected to retain growth in the near future.

Slaked Lime Exports

Exports from Austria

In 2021, shipments abroad of slaked lime increased by 19% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports, however, saw a mild curtailment. The pace of growth was the most pronounced in 2013 when exports increased by 45%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, slaked lime exports surged to $X in 2021. In general, exports, however, continue to indicate a abrupt curtailment. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for slaked lime exports from Austria, accounting for a 88% share of total exports. Moreover, slaked lime exports to Germany exceeded the volume sent to the second major destination, Hungary (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+5.2% per year) and Ukraine (+76.6% per year).

In value terms, Germany ($X) remains the key foreign market for slaked lime exports from Austria, comprising 74% of total exports. The second position in the ranking was taken by Hungary ($X), with a 12% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to -5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+13.2% per year) and Ukraine (+72.6% per year).

Export Prices by Country

In 2021, the average slaked lime export price amounted to $X per ton, increasing by 11% against the previous year. Over the period under review, the export price, however, showed a perceptible shrinkage. The growth pace was the most rapid in 2019 when the average export price increased by 26%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+7.7%), while the prices for the other major destinations experienced mixed trend patterns.

Slaked Lime Imports

Imports into Austria

After two years of growth, overseas purchases of slaked lime decreased by -11.9% to X tons in 2021. In general, total imports indicated a tangible increase from 2012 to 2021: its volume increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +63.8% against 2018 indices. The pace of growth was the most pronounced in 2020 with an increase of 65%. As a result, imports attained the peak of X tons, and then fell in the following year.

In value terms, slaked lime imports fell dramatically to $X in 2021. Overall, imports recorded a noticeable slump. The pace of growth was the most pronounced in 2020 when imports increased by 45% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of slaked lime to Austria, accounting for a 85% share of total imports. Moreover, slaked lime imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold. The third position in this ranking was taken by Switzerland (X tons), with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-12.5% per year) and Switzerland (+14.1% per year).

In value terms, Germany ($X) constituted the largest supplier of slaked lime to Austria, comprising 66% of total imports. The second position in the ranking was held by Italy ($X), with a 15% share of total imports. It was followed by Switzerland, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at -4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-6.8% per year) and Switzerland (+8.3% per year).

Import Prices by Country

The average slaked lime import price stood at $X per ton in 2021, which is down by -15.5% against the previous year. Overall, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2013 when the average import price increased by 7.5%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+6.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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