Lime Market Overview in the European Union
In value terms, lime production reduced slightly to $ in 2018 estimated in export prices. Over the period under review, production continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2008 when the production volume increased by % y-o-y. As a result, production attained the peak level of $. From 2009 to 2018, production growth remained at a somewhat lower figure.
Germany ( tonnes) remains the largest lime producing country in the European Union, comprising approx. % of total volume. Moreover, lime production in Germany exceeded the figures recorded by the second-largest producer, France ( tonnes), twofold. Italy ( tonnes) ranked third in terms of total production with a % share.
From 2007 to 2018, the average annual growth rate of volume in Germany was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: France (-% per year) and Italy (-% per year).
The revenue of the lime market in the European Union contracted modestly to $ in 2018, waning 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). Overall, consumption saw a pronounced descent. The most prominent rate of growth was recorded in 2011 with an increase of % year-to-year. Over the period under review, the market reached the maximum level at $ in 2008; however, from 2009 to 2018, consumption failed to regain the momentum.
From 2007 to 2018, the average annual growth rate of volume in Germany was relatively modest. The remaining consuming countries recorded the following average annual rates of consumption growth: France (-% per year) and Italy (-% per year).
In value terms, Germany ($), France ($) and Italy ($) appeared to be the countries with the highest levels of market value in 2018, with a combined % share of the total market. These countries were followed by Poland, Spain, Sweden, the Netherlands, Finland, Belgium, Slovakia, the Czech Republic and Romania, which together accounted for a further %.
Finland recorded the highest growth rate of market size, in terms of the main consuming countries over the period under review, while lime market for the other leaders experienced mixed trends in the market figures.
The countries with the highest levels of lime per capita consumption in 2018 were Finland ( kg per person), Slovakia ( kg per person) and Sweden ( kg per person).
From 2007 to 2018, the most notable rate of growth in terms of lime per capita consumption, amongst the leading consuming countries, was attained by Finland, while lime per capita consumption for the other leaders experienced mixed trends in the per capita consumption figures.