Southern Asia: Hydraulic Lime Market 2024

Hydraulic Lime Market Size in Southern Asia

The South Asian hydraulic lime market reduced modestly to $X in 2022, approximately mirroring the previous year. Over the period under review, consumption saw a noticeable curtailment. The most prominent rate of growth was recorded in 2017 when the market value increased by 6.4% against the previous year. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Hydraulic Lime Production in Southern Asia

In value terms, hydraulic lime production fell modestly to $X in 2022 estimated in export price. In general, production saw a perceptible decrease. The pace of growth was the most pronounced in 2014 when the production volume increased by 7.1% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Hydraulic Lime Exports

Exports in Southern Asia

After two years of growth, shipments abroad of hydraulic lime decreased by -0.8% to X tons in 2022. Overall, exports, however, posted a mild increase. The most prominent rate of growth was recorded in 2015 with an increase of 80% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, hydraulic lime exports rose remarkably to $X in 2022. In general, exports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2015 with an increase of 77%. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

India was the key exporter of hydraulic lime in Southern Asia, with the volume of exports finishing at X tons, which was near 87% of total exports in 2022. It was distantly followed by Pakistan (X tons), comprising a 13% share of total exports.

India experienced a relatively flat trend pattern with regard to volume of exports of hydraulic lime. At the same time, Pakistan (+129.5%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +129.5% from 2012-2022. From 2012 to 2022, the share of Pakistan increased by +13 percentage points.

In value terms, India ($X) remains the largest hydraulic lime supplier in Southern Asia, comprising 84% of total exports. The second position in the ranking was taken by Pakistan ($X), with a 16% share of total exports.

In India, hydraulic lime exports increased at an average annual rate of +3.4% over the period from 2012-2022.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, growing by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while India stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+23.0%).

Hydraulic Lime Imports

Imports in Southern Asia

In 2022, supplies from abroad of hydraulic lime increased by 55% to X tons, rising for the third consecutive year after four years of decline. Over the period under review, imports saw buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 183%. The volume of import peaked in 2022 and is likely to see steady growth in years to come.

In value terms, hydraulic lime imports skyrocketed to $X in 2022. Overall, imports recorded a prominent increase. The pace of growth was the most pronounced in 2020 with an increase of 167%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

India was the largest importer of hydraulic lime in Southern Asia, with the volume of imports recording X tons, which was approx. 56% of total imports in 2022. Sri Lanka (X tons) took the second position in the ranking, distantly followed by Bangladesh (X tons). All these countries together held approx. 41% share of total imports. Nepal (X tons) followed a long way behind the leaders.

India was also the fastest-growing in terms of the hydraulic lime imports, with a CAGR of +163.9% from 2012 to 2022. At the same time, Sri Lanka (+8.2%) and Bangladesh (+5.0%) displayed positive paces of growth. Nepal experienced a relatively flat trend pattern. From 2012 to 2022, the share of India increased by +56 percentage points.

In value terms, India ($X), Sri Lanka ($X) and Bangladesh ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for 98% of total imports.

Among the main importing countries, India, with a CAGR of +165.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, with an increase of 18% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. Over the period under review, import prices reached 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 Sri Lanka ($X per ton), while Nepal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+1.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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