Switzerland: Lime Market 2024

Lime Market Size in Switzerland

The Swiss lime market skyrocketed to $X in 2021, growing by 15% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +1.5% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Lime Exports

Exports from Switzerland

In 2021, shipments abroad of lime decreased by -5.5% to X tons for the first time since 2013, thus ending a seven-year rising trend. Over the period under review, exports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 56%. Over the period under review, the exports attained the peak figure at X tons in 2020, and then declined in the following year.

In value terms, lime exports expanded significantly to $X in 2021. Overall, exports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of 47% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for lime exports from Switzerland, accounting for a 60% share of total exports. Moreover, lime exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), sixfold. The third position in this ranking was taken by the Netherlands (X tons), with an 8.3% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +14.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+13.5% per year) and the Netherlands (+79.0% per year).

In value terms, Germany ($X) remains the key foreign market for lime exports from Switzerland, comprising 48% of total exports. The second position in the ranking was taken by Italy ($X), with a 12% share of total exports. It was followed by the Netherlands, with a 9.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +9.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+15.5% per year) and the Netherlands (+78.4% per year).

Export Prices by Country

The average lime export price stood at $X per ton in 2021, jumping by 20% against the previous year. Over the period under review, the export price, however, saw a noticeable contraction. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Germany ($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 Italy (+1.8%), while the prices for the other major destinations experienced a decline.

Lime Imports

Imports into Switzerland

In 2021, the amount of lime imported into Switzerland totaled X tons, leveling off at the previous year's figure. Over the period under review, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by +0.7% against 2018 indices. The most prominent rate of growth was recorded in 2015 with an increase of 17%. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in the immediate term.

In value terms, lime imports totaled $X in 2021. The total import value increased at an average annual rate of +5.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 17% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of lime to Switzerland, with a 68% share of total imports. Moreover, lime imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), fourfold. The third position in this ranking was held by Italy (X tons), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+6.1% per year) and Italy (+7.6% per year).

In value terms, Germany ($X) constituted the largest supplier of lime to Switzerland, comprising 64% of total imports. The second position in the ranking was taken by France ($X), with a 20% share of total imports. It was followed by Italy, with a 15% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+4.9% per year) and Italy (+8.0% per year).

Import Prices by Country

The average lime import price stood at $X per ton in 2021, picking up by 8.4% against the previous year. In general, the import price, however, showed a mild setback. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Austria ($X per ton) and Italy ($X per ton), while the price for Germany ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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