Benelux: Slaked Lime Market 2024

Slaked Lime Market Size in Benelux

In 2021, the Benelux slaked lime market decreased by -16.5% to $X for the first time since 2017, thus ending a three-year rising trend. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then dropped significantly in the following year.

Slaked Lime Production in Benelux

In value terms, slaked lime production declined dramatically to $X in 2021 estimated in export price. In general, production saw a perceptible descent. The growth pace was the most rapid in 2020 when the production volume increased by 51% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Slaked Lime Exports

Exports in Benelux

After two years of growth, overseas shipments of slaked lime decreased by -8.3% to X tons in 2021. In general, exports continue to indicate a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 7.5%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, slaked lime exports amounted to $X in 2021. Overall, exports showed a pronounced decrease. The most prominent rate of growth was recorded in 2020 with an increase of 8.7%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Belgium was the largest exporter of slaked lime in Benelux, with the volume of exports amounting to X tons, which was near 85% of total exports in 2021. It was distantly followed by the Netherlands (X tons), comprising a 15% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to slaked lime exports from Belgium stood at -5.6%. The Netherlands experienced a relatively flat trend pattern. While the share of the Netherlands (+4.9 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Belgium (-4.4 p.p.) displayed negative dynamics.

In value terms, Belgium ($X) remains the largest slaked lime supplier in Benelux, comprising 87% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 13% share of total exports.

In Belgium, slaked lime exports contracted by an average annual rate of -4.2% over the period from 2012-2021.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, picking up by 11% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2014 an increase of 15% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands stood at $X per ton.

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

Slaked Lime Imports

Imports in Benelux

In 2021, the amount of slaked lime imported in Benelux amounted to X tons, picking up by 12% against the previous year's figure. Total imports indicated a temperate expansion from 2012 to 2021: its volume 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, imports decreased by -31.4% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of 48%. The volume of import peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, slaked lime imports surged to $X in 2021. Total imports indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +3.9% 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 decreased by -12.0% against 2018 indices. The growth pace was the most rapid in 2018 when imports increased by 69%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The Netherlands was the largest importing country with an import of around X tons, which amounted to 75% of total imports. Belgium (X tons) took the second position in the ranking, distantly followed by Luxembourg (X tons). All these countries together held near 25% share of total imports.

The Netherlands was also the fastest-growing in terms of the slaked lime imports, with a CAGR of +14.5% from 2012 to 2021. At the same time, Luxembourg (+13.5%) displayed positive paces of growth. By contrast, Belgium (-12.4%) illustrated a downward trend over the same period. The Netherlands (+47 p.p.) and Luxembourg (+5.1 p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by -52.2% from 2012 to 2021, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported slaked lime in Benelux, comprising 76% of total imports. The second position in the ranking was held by Belgium ($X), with a 19% share of total imports.

In the Netherlands, slaked lime imports increased at an average annual rate of +12.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Belgium (-7.8% per year) and Luxembourg (-0.1% per year).

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per ton, increasing by 17% against the previous year. Over the last nine years, it increased at an average annual rate of +1.4%. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+5.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform