Pakistan: Slaked Lime Market 2024

Slaked Lime Market Size in Pakistan

The Pakistani slaked lime market was estimated at $X in 2021, increasing by 10% against the previous year. In general, consumption saw a relatively flat trend pattern. Slaked lime consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Slaked Lime Production in Pakistan

In value terms, slaked lime production amounted to $X in 2021 estimated in export price. Over the period under review, the total production indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -8.5% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by 46% against the previous year. Slaked lime production peaked at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Slaked Lime Exports

Exports from Pakistan

For the fifth consecutive year, Pakistan recorded growth in shipments abroad of slaked lime, which increased by 8.8% to X tons in 2021. Over the period under review, exports showed a temperate increase. The most prominent rate of growth was recorded in 2014 with an increase of 435% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, slaked lime exports shrank significantly to $X in 2021. Overall, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of 1,091%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) was the main destination for slaked lime exports from Pakistan, accounting for a 75% share of total exports. Moreover, slaked lime exports to the United Arab Emirates exceeded the volume sent to the second major destination, Sri Lanka (X tons), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to +9.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sri Lanka (+4.4% per year) and Nigeria (-7.2% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for slaked lime exports from Pakistan, comprising 69% of total exports. The second position in the ranking was taken by Sri Lanka ($X), with a 17% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates amounted to +21.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sri Lanka (+17.1% per year) and Nigeria (+4.5% per year).

Export Prices by Country

In 2021, the average slaked lime export price amounted to $X per ton, reducing by -31.2% against the previous year. In general, the export price, however, showed a prominent expansion. The growth pace was the most rapid in 2014 an increase of 123% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Nigeria ($X per ton), while the average price for exports to the United Arab Emirates ($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 Jordan (+38.4%), while the prices for the other major destinations experienced more modest paces of growth.

Slaked Lime Imports

Imports into Pakistan

In 2021, supplies from abroad of slaked lime decreased by -14.9% to X tons, falling for the second consecutive year after five years of growth. Overall, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2015 when imports increased by 406%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, slaked lime imports fell to $X in 2021. Over the period under review, imports, however, recorded significant growth. The growth pace was the most rapid in 2015 when imports increased by 369% against the previous year. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the UK (X tons) constituted the largest slaked lime supplier to Pakistan, with a 70% share of total imports. Moreover, slaked lime imports from the UK exceeded the figures recorded by the second-largest supplier, Japan (X tons), tenfold. The third position in this ranking was taken by Malaysia (X tons), with a 5.8% share.

From 2012 to 2021, the average annual growth rate of volume from the UK amounted to +33.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (0.0% per year) and Malaysia (+17.7% per year).

In value terms, the UK ($X) constituted the largest supplier of slaked lime to Pakistan, comprising 68% of total imports. The second position in the ranking was held by Japan ($X), with a 6.8% share of total imports. It was followed by Taiwan (Chinese), with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the UK totaled +24.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (0.0% per year) and Taiwan (Chinese) (+303.1% per year).

Import Prices by Country

The average slaked lime import price stood at $X per ton in 2021, picking up by 9.4% against the previous year. Overall, the import price, however, showed a slight decrease. The pace of growth appeared the most rapid in 2017 when the average import price increased by 23% 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 remained at a lower figure.

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 Taiwan (Chinese) ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+21.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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