Italy: Slaked Lime Market 2024

Slaked Lime Market Size in Italy

The Italian slaked lime market soared to $X in 2021, picking up by 15% against the previous year. Overall, consumption, however, recorded a abrupt decline. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Slaked Lime Production in Italy

In value terms, slaked lime production expanded remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a deep reduction. The pace of growth was the most pronounced in 2019 with an increase of 414%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Slaked Lime Exports

Exports from Italy

In 2021, overseas shipments of slaked lime decreased by -4.4% to X tons, falling for the second consecutive year after six years of growth. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 98%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, slaked lime exports expanded significantly to $X in 2021. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by 70%. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in years to come.

Exports by Country

Oman (X tons), Austria (X tons) and Slovakia (X tons) were the main destinations of slaked lime exports from Italy, together comprising 47% of total exports. These countries were followed by Albania, Croatia, Slovenia, China, Germany, Singapore, Switzerland, Spain, Malta and France, which together accounted for a further 46%.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +165.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Oman ($X), China ($X) and Austria ($X) appeared to be the largest markets for slaked lime exported from Italy worldwide, together accounting for 44% of total exports. These countries were followed by Slovakia, Albania, Spain, Croatia, Slovenia, Singapore, Germany, Switzerland, France and Malta, which together accounted for a further 36%.

Spain, with a CAGR of +106.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination 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 slaked lime export price amounted to $X per ton, picking up by 15% against the previous year. Over the period under review, the export price, however, saw a noticeable decline. The most prominent rate of growth was recorded in 2013 an increase of 17%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Croatia ($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 Austria (+4.2%), while the prices for the other major destinations experienced mixed trend patterns.

Slaked Lime Imports

Imports into Italy

In 2021, supplies from abroad of slaked lime increased by 17% to X tons, rising for the fourth consecutive year after two years of decline. The total import volume increased at an average annual rate of +4.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, slaked lime imports rose notably to $X in 2021. Overall, imports, however, saw a noticeable decline. The growth pace was the most rapid in 2013 with an increase of 18%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, France (X tons) constituted the largest slaked lime supplier to Italy, with a 64% share of total imports. Moreover, slaked lime imports from France exceeded the figures recorded by the second-largest supplier, Switzerland (X tons), threefold. Germany (X tons) ranked third in terms of total imports with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France stood at +52.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+20.9% per year) and Germany (-8.7% per year).

In value terms, the largest slaked lime suppliers to Italy were France ($X), Switzerland ($X) and Germany ($X), together accounting for 85% of total imports.

France, with a CAGR of +32.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average slaked lime import price amounted to $X per ton, reducing by -8.3% against the previous year. Overall, the import price continues to indicate a deep reduction. The growth pace was the most rapid in 2013 an increase of 18% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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 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 Belgium (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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