Updated Feb 28, 2023 19:47

Hydraulic lime Market in the European Union

Market Overview
After two years of growth, the EU hydraulic lime market decreased by -% to $ in . Overall, consumption saw a abrupt slump. As a result, consumption reached the peak level of $. From 2009 to , the growth of the market remained at a somewhat lower figure.

In value terms, hydraulic lime production reduced to $ in estimated in export price. Overall, production showed a abrupt contraction. The most prominent rate of growth was recorded in 2008 when the production volume increased by %. As a result, production reached the peak level of $. From 2009 to , production growth remained at a somewhat lower figure.

The countries with the highest volumes of production in were Germany ( tons), Italy ( tons) and Spain ( tons), with a combined % share of total production. These countries were followed by France, Poland, Bulgaria, Romania and Belgium, which together accounted for a further %.

From 2007 to , the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Bulgaria (with a CAGR of +%), while production for the other leaders experienced mixed trends in the production figures.


Consumption
In , the amount of hydraulic lime consumed in the European Union dropped to tons, which is down by -% compared with figures. Overall, consumption showed a noticeable decline. Over the period under review, consumption reached the maximum volume at tons in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.

The value of the hydraulic lime market in the European Union contracted modestly to $ in , 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). Over the period under review, consumption continues to indicate a abrupt setback. As a result, consumption reached the peak level of $. From 2009 to , the growth of the market failed to regain momentum.


Consumption by Country
The countries with the highest volumes of consumption in were Germany ( tons), Italy ( tons) and Spain ( tons), together comprising % of total consumption. These countries were followed by Poland, France, Bulgaria, Romania, the Netherlands, Belgium, Finland, Hungary, Greece and Slovakia, which together accounted for a further %.

From 2007 to , the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by Bulgaria (with a CAGR of +%), while consumption for the other leaders experienced mixed trends in the consumption figures.

In value terms, Spain ($) led the market, alone. The second position in the ranking was taken by Germany ($). It was followed by Italy.

In Spain, the hydraulic lime market contracted by an average annual rate of -% over the period from 2007-. In the other countries, the average annual rates were as follows: Germany (+% per year) and Italy (-% per year).

The countries with the highest levels of hydraulic lime per capita consumption in were Bulgaria ( kg per person), Finland ( kg per person) and Italy ( kg per person).

From 2007 to , the biggest increases were recorded for Bulgaria (with a CAGR of +%), while consumption for the other leaders experienced mixed trends in the per capita consumption figures.


Market Forecast
Depressed by shrinking demand for hydraulic lime in the European Union, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .

In value terms, the market is forecast to contract 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 .