Romania: Lime Market 2025

Lime Market Size in Romania

The Romanian lime market soared to $X in 2021, growing by 27% against the previous year. Over the period under review, the total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +61.2% against 2015 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Lime Production in Romania

In value terms, lime production skyrocketed to $X in 2021 estimated in export price. Over the period under review, the total production indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +68.2% against 2015 indices. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Lime Exports

Exports from Romania

In 2021, the amount of quicklime, slaked lime and hydraulic lime exported from Romania skyrocketed to X tons, with an increase of 36% on 2020 figures. In general, exports enjoyed prominent growth. The pace of growth was the most pronounced in 2016 with an increase of 68%. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, lime exports skyrocketed to $X in 2021. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Moldova (X tons) was the main destination for lime exports from Romania, with a 49% share of total exports. Moreover, lime exports to Moldova exceeded the volume sent to the second major destination, Serbia (X tons), twofold. South Africa (X tons) ranked third in terms of total exports with an 8.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Moldova amounted to +8.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+120.7% per year) and South Africa (+2.6% per year).

In value terms, the largest markets for lime exported from Romania were South Africa ($X), Slovakia ($X) and Moldova ($X), together comprising 74% of total exports.

Slovakia, with a CAGR of +375.1%, 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

The average lime export price stood at $X per ton in 2021, picking up by 45% against the previous year. Overall, the export price showed a strong expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by 49%. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Hungary ($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 Slovakia (+37.5%), while the prices for the other major destinations experienced more modest paces of growth.

Lime Imports

Imports into Romania

In 2021, lime imports into Romania surged to X tons, rising by 48% compared with the year before. In general, imports enjoyed notable growth. The pace of growth appeared the most rapid in 2018 with an increase of 92% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, lime imports soared to $X in 2021. Over the period under review, imports saw a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Bulgaria (X tons) constituted the largest supplier of lime to Romania, with a 54% share of total imports. Moreover, lime imports from Bulgaria exceeded the figures recorded by the second-largest supplier, Croatia (X tons), fourfold. The third position in this ranking was taken by Slovakia (X tons), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from Bulgaria totaled +165.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Croatia (-12.7% per year) and Slovakia (+13.9% per year).

In value terms, Bulgaria ($X) constituted the largest supplier of quicklime, slaked lime and hydraulic lime to Romania, comprising 40% of total imports. The second position in the ranking was taken by Italy ($X), with a 16% share of total imports. It was followed by Slovakia, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Bulgaria totaled +156.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+10.3% per year) and Slovakia (+21.3% per year).

Import Prices by Country

The average lime import price stood at $X per ton in 2021, rising by 29% against the previous year. In general, the import price, however, saw a noticeable setback. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+15.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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