GCC: Market for Quicklime, Slaked Lime and Hydraulic Lime 2024

Market Size for Quicklime, Slaked Lime and Hydraulic Lime in GCC

The GCC market for quicklime, slaked lime and hydraulic lime was finally on the rise to reach $X in 2023, after four years of decline. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2023, consumption stood at a somewhat lower figure.

Production of Quicklime, Slaked Lime and Hydraulic Lime in GCC

In value terms, production of quicklime, slaked lime and hydraulic lime surged to $X in 2023 estimated in export price. The total production indicated mild growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Quicklime, Slaked Lime and Hydraulic Lime

Exports in GCC

In 2023, approx. X tons of quicklime, slaked lime and hydraulic lime were exported in GCC; increasing by X% on 2022 figures. In general, exports showed prominent growth. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of quicklime, slaked lime and hydraulic lime amounted to $X in 2023. Overall, exports enjoyed strong growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports of reached the peak figure in 2023 and are expected to retain growth in years to come.

Exports by Country

Oman (X tons) and the United Arab Emirates (X tons) were the major exporters of quicklime, slaked lime and hydraulic lime in 2023, accounting for near X% and X% of total exports, respectively. It was distantly followed by Saudi Arabia (X tons), making up a X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for Oman (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest quicklime, slaked lime and hydraulic lime supplying countries in GCC were Oman ($X), the United Arab Emirates ($X) and Saudi Arabia ($X), with a combined X% share of total exports.

Oman, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in GCC stood at $X per ton in 2023, falling by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2016 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2023, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Quicklime, Slaked Lime and Hydraulic Lime

Imports in GCC

In 2023, the amount of quicklime, slaked lime and hydraulic lime imported in GCC rose slightly to X tons, picking up by X% compared with 2022. In general, imports saw a prominent expansion. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, imports of quicklime, slaked lime and hydraulic lime reduced slightly to $X in 2023. Overall, imports showed buoyant growth. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2023, the growth of imports of remained at a lower figure.

Imports by Country

Oman was the key importing country with an import of around X tons, which finished at X% of total imports. It was distantly followed by Bahrain (X tons), committing a X% share of total imports. The following importers - Kuwait (X tons), the United Arab Emirates (X tons) and Qatar (X tons) - each recorded a X% share of total imports.

Oman was also the fastest-growing in terms of the quicklime, slaked lime and hydraulic lime imports, with a CAGR of X% from 2012 to 2023. At the same time, Bahrain (X%) and Qatar (X%) displayed positive paces of growth. Kuwait experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (X%) illustrated a downward trend over the same period. While the share of Oman (X p.p.) and Bahrain (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Kuwait (X p.p.) and the United Arab Emirates (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest quicklime, slaked lime and hydraulic lime importing markets in GCC were Oman ($X), Bahrain ($X) and the United Arab Emirates ($X), with a combined X% share of total imports.

In terms of the main importing countries, Oman, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in GCC amounted to $X per ton, falling by X% against the previous year. Overall, the import price saw a noticeable contraction. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2023, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform