Global Lime Market Overview
In value terms, lime production expanded slightly to $ in 2019 estimated in export prices. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the production volume increased by % year-to-year. Over the period under review, global production hit record highs at $ in 2013; however, from 2014 to 2019, production failed to regain the momentum.
The countries with the highest volumes of lime production in 2019 were China ( tonnes), Japan ( tonnes) and the U.S. ( tonnes), together accounting for % of global production. These countries were followed by Indonesia, Brazil, Germany, Pakistan, Turkey, Mexico, Italy, Viet Nam, Russia and Iran, which together accounted for a further %.
From 2007 to 2019, the most notable rate of growth in terms of lime production, amongst the leading producing countries, was attained by Russia, while lime production for the other global leaders experienced more modest paces of growth.
The global lime market size expanded slightly to $ in 2019, rising by % 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 +% from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 when the market value increased by % against the previous year. Over the period under review, the global market reached the maximum level at $ in 2013; however, from 2014 to 2019, consumption failed to regain the momentum.
From 2007 to 2019, the most notable rate of growth in terms of lime consumption, amongst the key consuming countries, was attained by Japan, while lime consumption for the other global leaders experienced more modest paces of growth.
In value terms, China ($), Japan ($) and the U.S. ($) were the countries with the highest levels of market value in 2019, with a combined % share of the global market.
China saw the highest rates of growth with regard to market size, in terms of the main consuming countries over the period under review, while lime market for the other global leaders experienced more modest paces of growth.
In 2019, the highest levels of lime per capita consumption was registered in Japan ( kg per person), followed by Germany ( kg per person), Italy ( kg per person) and Turkey ( kg per person), while the world average per capita consumption of lime was estimated at kg per person.
From 2007 to 2019, the average annual growth rate of the lime per capita consumption in Japan totaled +%. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: Germany (-% per year) and Italy (-% per year).