Northern America: Hydraulic Lime Market 2024

Hydraulic Lime Market Size in Northern America

The North American hydraulic lime market contracted to $X in 2022, with a decrease of -8.5% against the previous year. Overall, consumption saw a mild decrease. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Hydraulic Lime Production in Northern America

In value terms, hydraulic lime production shrank to $X in 2022 estimated in export price. Overall, production recorded a slight shrinkage. The most prominent rate of growth was recorded in 2018 when the production volume increased by 48%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Hydraulic Lime Exports

Exports in Northern America

In 2022, overseas shipments of hydraulic lime decreased by -73.6% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 155% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, hydraulic lime exports shrank rapidly to $X in 2022. In general, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 73%. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States prevails in exports structure, resulting at X tons, which was approx. 96% of total exports in 2022. Canada (X tons) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to hydraulic lime exports from the United States stood at -10.4%. Canada (-4.1%) illustrated a downward trend over the same period. While the share of Canada (+2.1 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United States (-2.1 p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest hydraulic lime supplier in Northern America, comprising 97% of total exports. The second position in the ranking was taken by Canada ($X), with a 3.2% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United States stood at -8.9%.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, growing by 45% against the previous year. Export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 an increase of 47% against the previous year. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.5%).

Hydraulic Lime Imports

Imports in Northern America

In 2022, supplies from abroad of hydraulic lime decreased by -59.7% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports continue to indicate a perceptible setback. The pace of growth was the most pronounced in 2018 when imports increased by 125% against the previous year. The volume of import peaked at X tons in 2021, and then plummeted in the following year.

In value terms, hydraulic lime imports shrank remarkably to $X in 2022. Over the period under review, imports recorded a perceptible reduction. The most prominent rate of growth was recorded in 2018 when imports increased by 62%. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

Canada represented the major importer of hydraulic lime in Northern America, with the volume of imports resulting at X tons, which was approx. 81% of total imports in 2022. It was distantly followed by the United States (X tons), creating an 18% share of total imports.

Imports into Canada decreased at an average annual rate of -3.8% from 2012 to 2022. At the same time, the United States (+8.9%) displayed positive paces of growth. Moreover, the United States emerged as the fastest-growing importer imported in Northern America, with a CAGR of +8.9% from 2012-2022. While the share of the United States (+12 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Canada (-12 p.p.) displayed negative dynamics.

In value terms, the largest hydraulic lime importing markets in Northern America were Canada ($X) and the United States ($X).

The United States, with a CAGR of +8.6%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, surging by 21% against the previous year. In general, the import price, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2019 an increase of 64% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.4%).

Source: IndexBox Platform

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