Italy: Lime Market 2024

Lime Market Size in Italy

The Italian lime market soared to $X in 2021, with an increase of 16% against the previous year. Over the period under review, consumption, however, showed a deep setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Lime Production in Italy

In value terms, lime production soared to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2019 when the production volume increased by 81% against the previous year. Lime production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Lime Exports

Exports from Italy

In 2021, after two years of decline, there was significant growth in shipments abroad of quicklime, slaked lime and hydraulic lime, when their volume increased by 42% to X tons. Overall, total exports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +10.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, lime exports skyrocketed to $X in 2021. Over the period under review, exports recorded a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons), Slovakia (X tons) and Egypt (X tons) were the main destinations of lime exports from Italy, together comprising 60% of total exports. These countries were followed by Chile, Malaysia, Ghana, Slovenia, Croatia, Austria, Oman, Switzerland and Mali, which together accounted for a further 33%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chile (with a CAGR of +503.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for lime exported from Italy were France ($X), Slovakia ($X) and Egypt ($X), with a combined 48% share of total exports. These countries were followed by Chile, Malaysia, Switzerland, Oman, Croatia, Austria, Ghana, Slovenia and Mali, which together accounted for a further 38%.

In terms of the main countries of destination, Chile, with a CAGR of +237.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average lime export price amounted to $X per ton, waning by -3.7% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 11% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Switzerland ($X per ton), while the average price for exports to Slovakia ($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 Croatia (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Lime Imports

Imports into Italy

In 2021, overseas purchases of quicklime, slaked lime and hydraulic lime were finally on the rise to reach X tons after three years of decline. Over the period under review, imports, however, recorded a abrupt decrease. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, lime imports soared to $X in 2021. Overall, imports, however, saw a deep downturn. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

France (X tons), Slovenia (X tons) and Switzerland (X tons) were the main suppliers of lime imports to Italy, together accounting for 85% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of +22.4%), while imports for the other leaders experienced mixed trend patterns.

In value terms, France ($X) constituted the largest supplier of quicklime, slaked lime and hydraulic lime to Italy, comprising 47% of total imports. The second position in the ranking was held by Switzerland ($X), with a 15% share of total imports. It was followed by Slovenia, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from France stood at -1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+20.4% per year) and Slovenia (-13.7% per year).

Import Prices by Country

In 2021, the average lime import price amounted to $X per ton, reducing by -11.8% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2019 an increase of 30%. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Slovakia ($X per ton), while the price for Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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