Report Update Nov 1, 2024

Azerbaijan - Lime - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Lime Market 2024

Lime Market Size in Azerbaijan

The Azerbaijani lime market reduced notably to $X in 2021, with a decrease of -25.5% against the previous year. Overall, consumption faced a sharp slump. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Lime Production in Azerbaijan

In value terms, lime production reduced notably to $X in 2021 estimated in export price. Over the period under review, production posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 363%. As a result, production reached the peak level of $X, and then fell markedly in the following year.

Lime Exports

Exports from Azerbaijan

In 2021, approx. X tons of lime were exported from Azerbaijan; rising by 103% against the previous year's figure. Over the period under review, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 838%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in the immediate term.

In value terms, lime exports surged to $X in 2021. In general, exports saw a significant expansion. The growth pace was the most rapid in 2018 with an increase of 1,167%. The exports peaked in 2021 and are likely to continue growth in the near future.

Exports by Country

Georgia (X tons) was the main destination for lime exports from Azerbaijan, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Georgia totaled +468.7%.

In value terms, Georgia ($X) also remains the key foreign market for lime exports from Azerbaijan.

From 2012 to 2021, the average annual rate of growth in terms of value to Georgia stood at +477.2%.

Export Prices by Country

In 2021, the average lime export price amounted to $X per ton, with a decrease of -5.3% against the previous year. In general, the export price saw a dramatic descent. The most prominent rate of growth was recorded in 2017 an increase of 96% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Georgia.

From 2012 to 2021, the rate of growth in terms of prices for Georgia amounted to +1.7% per year.

Lime Imports

Imports into Azerbaijan

In 2021, overseas purchases of lime increased by 191% to X tons for the first time since 2015, thus ending a five-year declining trend. Overall, imports, however, continue to indicate a dramatic decrease. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, lime imports skyrocketed to $X in 2021. Over the period under review, imports, however, showed a abrupt descent. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Iran (X tons), Turkey (X tons) and Germany (X tons) were the main suppliers of lime imports to Azerbaijan, with a combined 100% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +15.5%), while imports for the other leaders experienced a decline.

In value terms, Turkey ($X), Iran ($X) and Germany ($X) constituted the largest lime suppliers to Azerbaijan, with a combined 97% share of total imports.

Among the main suppliers, Germany, with a CAGR of +23.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average lime import price stood at $X per ton in 2021, waning by -20.1% against the previous year. In general, the import price, however, posted resilient growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 263%. As a result, import price reached the peak level of $X per ton. From 2020 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 Germany ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lime in the world?

China remains the largest lime consuming country worldwide, comprising approx. 73% of total volume. Moreover, lime consumption in China exceeded the figures recorded by the second-largest consumer, the United States, more than tenfold. India ranked third in terms of total consumption with a 3.7% share.

What are the largest producers of lime in the world?

China constituted the country with the largest volume of lime production, accounting for 73% of total volume. Moreover, lime production in China exceeded the figures recorded by the second-largest producer, the United States, more than tenfold. The third position in this ranking was occupied by India, with a 3.5% share.

What are the leading suppliers of lime to Azerbaijan?

In value terms, Iran constituted the largest supplier of lime to Azerbaijan, comprising 79% of total imports. The second position in the ranking was occupied by the Netherlands, with a 13% share of total imports.

What is the average export price for lime in Azerbaijan?

In 2020, the average lime export price amounted to $93 per ton, growing by 25% against the previous year.

What is the average import price for lime in Azerbaijan?

In 2020, the average lime import price amounted to $109 per ton, which is down by -2.7% against the previous year.

This report provides an in-depth analysis of the lime market in Azerbaijan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 23521033 - Quicklime
Prodcom 23521035 - Slaked lime
Prodcom 23521050 - Hydraulic lime
Prodcom 23523030 - Calcined and sintered dolomite, crude, roughly trimmed or merely cut into rectangular or square blocks or slabs

Country coverage:

Azerbaijan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Azerbaijan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023