Eastern Europe: Hydraulic Lime Market 2024

Hydraulic Lime Market Size in Eastern Europe

The East European hydraulic lime market skyrocketed to $X in 2022, growing by 27% against the previous year. The market value increased at an average annual rate of +2.1% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Hydraulic Lime Production in Eastern Europe

In value terms, hydraulic lime production reached $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by 12%. The level of production peaked in 2022 and is expected to retain growth in years to come.

Hydraulic Lime Exports

Exports in Eastern Europe

In 2022, approx. X tons of hydraulic lime were exported in Eastern Europe; with a decrease of -11.9% compared with the previous year. Overall, exports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 365% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, hydraulic lime exports dropped notably to $X in 2022. In general, exports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of 375% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Lithuania was the major exporting country with an export of around X tons, which amounted to 62% of total exports. Bulgaria (X tons) ranks second in terms of the total exports with a 28% share, followed by Romania (7.4%). The Czech Republic (X tons) took a little share of total exports.

Lithuania was also the fastest-growing in terms of the hydraulic lime exports, with a CAGR of +2,713.0% from 2012 to 2022. At the same time, Romania (+310.2%) displayed positive paces of growth. Bulgaria experienced a relatively flat trend pattern. By contrast, the Czech Republic (-4.7%) illustrated a downward trend over the same period. Lithuania (+62 p.p.) and Romania (+7.4 p.p.) significantly strengthened its position in terms of the total exports, while the Czech Republic and Bulgaria saw its share reduced by -6.4% and -58% from 2012 to 2022, respectively.

In value terms, Bulgaria ($X), Lithuania ($X) and Romania ($X) were the countries with the highest levels of exports in 2022, with a combined 92% share of total exports.

Lithuania, with a CAGR of +349.4%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries 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 Eastern Europe stood at $X per ton in 2022, waning by -30.5% against the previous year. Over the period under review, the export price continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2020 when the export price increased by 8.5% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.7%), while the other leaders experienced mixed trends in the export price figures.

Hydraulic Lime Imports

Imports in Eastern Europe

In 2022, supplies from abroad of hydraulic lime increased by 43% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 156% against the previous year. The volume of import peaked in 2022 and is likely to see steady growth in years to come.

In value terms, hydraulic lime imports surged to $X in 2022. In general, imports showed strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 108% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

The Czech Republic prevails in imports structure, resulting at X tons, which was near 94% of total imports in 2022. Romania (X tons) held a minor share of total imports.

The Czech Republic was also the fastest-growing in terms of the hydraulic lime imports, with a CAGR of +32.8% from 2012 to 2022. At the same time, Romania (+22.0%) displayed positive paces of growth. While the share of the Czech Republic (+36 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Czech Republic ($X) constitutes the largest market for imported hydraulic lime in Eastern Europe, comprising 92% of total imports. The second position in the ranking was taken by Romania ($X), with a 2.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the Czech Republic totaled +32.0%.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, growing by 29% against the previous year. In general, the import price, however, showed a abrupt descent. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Romania stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (-0.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :