Sri Lanka: Slaked Lime Market 2025

Slaked Lime Market Size in Sri Lanka

In 2021, the Sri Lankan slaked lime market increased by 68% to $X, rising for the sixth year in a row after two years of decline. Overall, consumption posted a resilient increase. Slaked lime consumption peaked in 2021 and is likely to see steady growth in the near future.

Slaked Lime Exports

Exports from Sri Lanka

In 2021, the amount of slaked lime exported from Sri Lanka shrank remarkably to X kg, waning by -34.8% on 2020. In general, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2013 with an increase of 5,509%. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, slaked lime exports contracted sharply to $X in 2021. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 5,567%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Maldives (X kg) was the main destination for slaked lime exports from Sri Lanka, with a 85% share of total exports. Moreover, slaked lime exports to Maldives exceeded the volume sent to the second major destination, Fiji (X kg), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Maldives amounted to +20.5%.

In value terms, the largest markets for slaked lime exported from Sri Lanka were Maldives ($X) and Fiji ($X).

Maldives, with a CAGR of +14.3%, recorded 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.

Export Prices by Country

The average slaked lime export price stood at $X per ton in 2021, growing by 4.9% against the previous year. Over the period under review, export price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, slaked lime export price increased by +75.8% against 2014 indices. The pace of growth was the most pronounced in 2015 when the average export price increased by 45%. The export price peaked in 2021 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Fiji ($X per ton), while the average price for exports to Maldives stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (-4.8%).

Slaked Lime Imports

Imports into Sri Lanka

Slaked lime imports into Sri Lanka surged to X tons in 2021, growing by 55% compared with 2020. Over the period under review, imports recorded a resilient expansion. The pace of growth appeared the most rapid in 2017 with an increase of 116%. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in the immediate term.

In value terms, slaked lime imports soared to $X in 2021. Overall, imports posted buoyant growth. The growth pace was the most rapid in 2018 with an increase of 142% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in years to come.

Imports by Country

Malaysia (X tons), China (X tons) and Pakistan (X tons) were the main suppliers of slaked lime imports to Sri Lanka, together comprising 51% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +39.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), China ($X) and Pakistan ($X) appeared to be the largest slaked lime suppliers to Sri Lanka, together accounting for 50% of total imports.

Pakistan, with a CAGR of +45.6%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average slaked lime import price stood at $X per ton in 2021, picking up by 10% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.7%. The pace of growth was the most pronounced in 2018 when the average import price increased by 23% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :