Lime Market in Chile
Market Overview
The Chilean lime market expanded remarkably to $
in , increasing 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). In general, the total consumption indicated a resilient expansion from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Lime consumption peaked in and is expected to retain growth in the near future.
In value terms, lime production expanded slightly to $ in estimated in export price. Over the period under review, production posted a strong expansion. The growth pace was the most rapid in 2016 with an increase of % against the previous year. Lime production peaked at $ in ; however, from to , production failed to regain momentum.
in , increasing 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). In general, the total consumption indicated a resilient expansion from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Lime consumption peaked in and is expected to retain growth in the near future.In value terms, lime production expanded slightly to $
in estimated in export price. Over the period under review, production posted a strong expansion. The growth pace was the most rapid in 2016 with an increase of % against the previous year. Lime production peaked at $ in ; however, from to , production failed to regain momentum.Consumption
In , approx. tons of quicklime, slaked lime and hydraulic lime were consumed in Chile; surging by % on . Over the period under review, consumption continues to indicate a prominent increase. Lime consumption peaked in and is expected to retain growth in years to come.
The value of the lime market in Chile expanded notably to $ in , with an increase of % 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). In general, the total consumption indicated a buoyant increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level in and is expected to retain growth in the near future.
, approx. tons of quicklime, slaked lime and hydraulic lime were consumed in Chile; surging by % on . Over the period under review, consumption continues to indicate a prominent increase. Lime consumption peaked in and is expected to retain growth in years to come.The value of the lime market in Chile expanded notably to $
in , with an increase of % 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). In general, the total consumption indicated a buoyant increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level in and is expected to retain growth in the near future.Market Forecast
Driven by increasing demand for quicklime, slaked lime and hydraulic lime in Chile, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.
, the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.Trade Balance
Chile remains a net importer of lime; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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