Updated Oct 18, 2022 14:25

Lime Market in Germany

Market Overview
The German lime market declined slightly to $ in , with a decrease 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). Over the period under review, consumption continues to indicate a relatively flat trend pattern. Lime consumption peaked at $ in 2014; however, from 2015 to , consumption failed to regain momentum.

In value terms, lime production reduced slightly to $ in estimated in export price. In general, production continues to indicate a mild contraction. The growth pace was the most rapid in 2011 with an increase of % against the previous year. As a result, production attained the peak level of $. From 2012 to , production growth failed to regain momentum.


Consumption
In , consumption of lime was finally on the rise to reach tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak volume of tons. From 2015 to , the growth of the consumption failed to regain momentum.

The value of the lime market in Germany shrank to $ in , flattening at 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, however, recorded a relatively flat trend pattern. Lime consumption peaked at $ in 2014; however, from 2015 to , consumption remained at a lower figure.


Market Forecast
Driven by increasing demand for lime in Germany, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, 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 .


Market Structure
Over the period under review, the share of imports in terms of total lime consumption in Germany was relatively small in physical terms, fluctuating under an % figure. In value terms the share of imports also stood at a low figure, which means that the Germany lime market is largely supplied by domestic manufacturers. 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.


Trade Balance
Germany remains a net exporter of lime; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.