Iceland: Lime Market 2020

Lime Market Size in Iceland

The revenue of the lime market in Iceland amounted to $X in 2018, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, lime consumption continues to indicate a measured decline. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, the lime market attained its peak figure level at $X in 2014; however, from 2015 to 2018, consumption remained at a lower figure.

Lime Exports

Exports from Iceland

In 2018, the exports of quicklime, slaked lime and hydraulic lime from Iceland amounted to X tons, declining by -X% against the previous year. Overall, lime exports continue to indicate a deep shrinkage. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, lime exports reached their peak figure at X tons in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, lime exports totaled $X in 2018. In general, lime exports continue to indicate a perceptible deduction. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. In that year, lime exports reached their peak of $X. From 2012 to 2018, the growth of lime exports failed to regain its momentum.

Exports by Country

The exports of the twelve major exporters of quicklime, slaked lime and hydraulic lime, namely France, Germany, Vietnam, Belgium, Malaysia, Argentina, the U.S., the Czech Republic, Canada, Spain, China and Norway, represented more than half of total export.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Vietnam, while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Belgium ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of total exports. Vietnam, the U.S., Argentina, Malaysia, Canada, the Czech Republic, Spain, China, Norway and Iceland lagged somewhat behind, together comprising a further X the main exporting countries, Vietnam recorded the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The lime export price in Iceland stood at $X per ton in 2018, growing by X% against the previous year. Overall, the export price indicated moderate growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, lime export price decreased by -X% against 2011 indices. The pace of growth appeared the most rapid in 2011 an increase of X% y-o-y. In that year, the export prices for quicklime, slaked lime and hydraulic lime reached their peak level of $X per ton. From 2012 to 2018, the growth in terms of the export prices for quicklime, slaked lime and hydraulic lime remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Lime Imports

Imports into Iceland

Lime imports into Iceland totaled X tons in 2018, shrinking by -X% against the previous year. Over the period under review, lime imports continue to indicate a drastic decline. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, lime imports reached their peak figure at X tons in 2008; however, from 2009 to 2018, imports remained at a lower figure.

In value terms, lime imports stood at $X in 2018. Over the period under review, lime imports continue to indicate a moderate descent. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, lime imports attained their peak figure at $X in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the Netherlands (X tons) and India (X tons) were the major importers of quicklime, slaked lime and hydraulic limein the world, together accounting for approx. X% of total imports. Finland (X tons) occupied the next position in the ranking, followed by Taiwan, Chinese (X tons), Germany (X tons), Chile (X tons) and France (X tons). All these countries together occupied approx. X% share of total imports. Canada (X tons), the U.S. (X tons), Democratic Republic of the Congo (X tons), Belgium (X tons) and Poland (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Democratic Republic of the Congo, while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), India ($X) and Chile ($X) were the countries with the highest levels of imports in 2018, with a combined X% share of total imports.

India experienced the highest growth rate of imports, in terms of the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The lime import price in Iceland stood at $X per ton in 2018, increasing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2010 when the import price increased by X% year-to-year. Over the period under review, the import prices for quicklime, slaked lime and hydraulic lime reached their maximum at $X per ton in 2011; however, from 2012 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the U.S. ($X per ton), while Taiwan, Chinese ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Taiwan, Chinese, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform