Spain: Slaked Lime Market 2024

Slaked Lime Market Size in Spain

In 2021, after five years of growth, there was significant decline in the Spanish slaked lime market, when its value decreased by -18.1% to $X. In general, the total consumption indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +4.2% 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 +71.7% against 2015 indices. Over the period under review, the market hit record highs at $X in 2020, and then dropped dramatically in the following year.

Slaked Lime Production in Spain

In value terms, slaked lime production fell to $X in 2021 estimated in export price. Over the period under review, the total production indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +4.4% 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 +50.3% against 2015 indices. The most prominent rate of growth was recorded in 2020 with an increase of 23%. As a result, production attained the peak level of $X, and then fell in the following year.

Slaked Lime Exports

Exports from Spain

In 2021, the amount of slaked lime exported from Spain was estimated at X tons, increasing by 8.8% against the previous year. Over the period under review, exports enjoyed strong growth. The pace of growth appeared the most rapid in 2015 with an increase of 135% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, slaked lime exports soared to $X in 2021. Overall, exports enjoyed strong growth. The most prominent rate of growth was recorded in 2015 with an increase of 80% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for slaked lime exports from Spain, with a 45% share of total exports. Moreover, slaked lime exports to France exceeded the volume sent to the second major destination, Liberia (X tons), fivefold. The third position in this ranking was taken by Cote d'Ivoire (X tons), with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France stood at +13.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Liberia (+16.4% per year) and Cote d'Ivoire (+83.5% per year).

In value terms, France ($X) remains the key foreign market for slaked lime exports from Spain, comprising 34% of total exports. The second position in the ranking was taken by Portugal ($X), with a 10% share of total exports. It was followed by Cote d'Ivoire, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France totaled +4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+23.2% per year) and Cote d'Ivoire (+86.9% per year).

Export Prices by Country

The average slaked lime export price stood at $X per ton in 2021, rising by 8.1% against the previous year. Over the period under review, the export price, however, showed a slight curtailment. The pace of growth was the most pronounced in 2018 an increase of 9.8% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Portugal ($X per ton), while the average price for exports to France ($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 Mauritania (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Slaked Lime Imports

Imports into Spain

After two years of growth, overseas purchases of slaked lime decreased by -24.3% to X tons in 2021. Over the period under review, imports, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2017 with an increase of 151%. Imports peaked at X tons in 2020, and then fell markedly in the following year.

In value terms, slaked lime imports reached $X in 2021. In general, imports, however, posted a strong increase. The growth pace was the most rapid in 2017 with an increase of 95%. Imports peaked in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, France (X tons) constituted the largest slaked lime supplier to Spain, with a 62% share of total imports. Moreover, slaked lime imports from France exceeded the figures recorded by the second-largest supplier, Portugal (X tons), threefold. Germany (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France totaled +16.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+20.1% per year) and Germany (+7.3% per year).

In value terms, France ($X) constituted the largest supplier of slaked lime to Spain, comprising 68% of total imports. The second position in the ranking was held by Germany ($X), with a 15% share of total imports. It was followed by Portugal, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from France stood at +14.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+7.1% per year) and Portugal (+17.4% per year).

Import Prices by Country

In 2021, the average slaked lime import price amounted to $X per ton, growing by 34% against the previous year. Over the period under review, the import price, however, showed a mild decline. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+4.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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