U.S.: Lime Market 2024

Lime Market Size in the U.S.

The U.S. lime market declined modestly to $X in 2023, remaining stable against the previous year. Overall, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the market attained the maximum level at $X in 2013; afterwards, it flattened through to 2023.

Lime Production in the U.S.

In value terms, lime production amounted to $X in 2023. In general, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Lime production peaked at $X in 2018; afterwards, it flattened through to 2023.

Lime Exports

Exports from the U.S.

In 2023, approx. X tons of lime were exported from the United States; picking up by X% on the previous year. The total export volume increased at an average annual rate of X% over the period from 2013 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

In value terms, lime exports soared to $X in 2023. Overall, total exports indicated a perceptible expansion from 2013 to 2023: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The exports peaked at $X in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

Exports by Country

Canada (X tons) was the main destination for lime exports from the United States, with a X% share of total exports. It was followed by Mexico (X tons), with a X% share of total exports.

From 2013 to 2023, the average annual growth rate of volume to Canada stood at X%.

In value terms, Canada ($X) remains the key foreign market for lime exports from the United States, comprising X% of total exports. The second position in the ranking was held by Mexico ($X), with a X% share of total exports.

From 2013 to 2023, the average annual rate of growth in terms of value to Canada stood at X%.

Export Prices by Country

In 2023, the average lime export price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Canada stood at $X per ton.

From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (X%).

Lime Imports

Imports into the U.S.

In 2023, purchases abroad of lime decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, imports showed a mild slump. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2023, imports failed to regain momentum.

In value terms, lime imports expanded sharply to $X in 2023. The total import value increased at an average annual rate of X% from 2013 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2022 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2023 and are likely to continue growth in the immediate term.

Imports by Country

In 2023, Canada (X tons) constituted the largest supplier of lime to the United States, accounting for a X% share of total imports. Moreover, lime imports from Canada exceeded the figures recorded by the second-largest supplier, Mexico (X tons), threefold.

From 2013 to 2023, the average annual rate of growth in terms of volume from Canada amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and the Dominican Republic (X% per year).

In value terms, Canada ($X) constituted the largest supplier of lime to the United States, comprising X% of total imports. The second position in the ranking was taken by Mexico ($X), with a X% share of total imports.

From 2013 to 2023, the average annual rate of growth in terms of value from Canada stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and the Dominican Republic (X% per year).

Import Prices by Country

The average lime import price stood at $X per ton in 2023, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the Dominican Republic ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was attained by the Dominican Republic (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform