Scandinavia: Hydraulic Lime Market 2024

Hydraulic Lime Market Size in Scandinavia

The Scandinavia hydraulic lime market soared to $X in 2022, with an increase of 25% against the previous year. Overall, consumption, however, continues to indicate a deep slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Hydraulic Lime Production in Scandinavia

In value terms, hydraulic lime production rose remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt curtailment. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Hydraulic Lime Exports

Exports in Scandinavia

After three years of growth, overseas shipments of hydraulic lime decreased by -97.3% to X tons in 2022. Overall, exports faced a significant decrease. The growth pace was the most rapid in 2015 with an increase of 50% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, hydraulic lime exports declined notably to $X in 2022. In general, exports faced a precipitous setback. The pace of growth was the most pronounced in 2015 with an increase of 47%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Norway dominates exports structure, finishing at X tons, which was approx. 98% of total exports in 2022. Sweden (X tons) took a minor share of total exports.

Norway was also the fastest-growing in terms of the hydraulic lime exports, with a CAGR of -24.5% from 2012 to 2022. Sweden (-41.9%) illustrated a downward trend over the same period. While the share of Norway (+21 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Sweden (-20.5 p.p.) displayed negative dynamics.

In value terms, Norway ($X) remains the largest hydraulic lime supplier in Scandinavia, comprising 94% of total exports. The second position in the ranking was held by Sweden ($X), with a 5.8% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Norway amounted to -25.2%.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, growing by 35% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Norway stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+8.1%).

Hydraulic Lime Imports

Imports in Scandinavia

In 2022, approx. X tons of hydraulic lime were imported in Scandinavia; growing by 178% compared with the previous year. Overall, imports recorded a modest increase. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, hydraulic lime imports soared to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Sweden dominates imports structure, accounting for X tons, which was near 94% of total imports in 2022. Norway (X tons) and Finland (X tons) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to hydraulic lime imports into Sweden stood at +7.1%. At the same time, Finland (+39.3%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of +39.3% from 2012-2022. By contrast, Norway (-19.8%) illustrated a downward trend over the same period. Sweden (+37 p.p.) and Finland (+1.9 p.p.) significantly strengthened its position in terms of the total imports, while Norway saw its share reduced by -38.9% from 2012 to 2022, respectively.

In value terms, Sweden ($X) constitutes the largest market for imported hydraulic lime in Scandinavia, comprising 84% of total imports. The second position in the ranking was held by Norway ($X), with a 13% share of total imports.

In Sweden, hydraulic lime imports increased at an average annual rate of +10.9% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Norway (-16.1% per year) and Finland (+33.2% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2022, rising by 18% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2015 when the import price increased by 55% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Norway ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+4.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform