Quicklime, slaked lime and hydraulic lime market in Greece

Earlier Report Observations

The market for quicklime, slaked lime and hydraulic lime in Greece saw significant expansion from 2020 to 2024, with volume growing from 206 700 tonnes to 261 400 tonnes. In value terms, the increase was even more pronounced, from $15.3 million to $28.5 million, reflecting both higher volumes and changing price levels.

Market volume surged by 29% in 2021 to 267 300 tonnes, then dipped slightly in 2022 before reaching a peak of 284 700 tonnes in 2023. The following year brought a correction to 261 400 tonnes. Value followed a similar pattern, with a sharp rise of 68% in 2021, continued growth through 2023, and a decline in 2024.

Production quicklime, slaked lime and hydraulic lime in Greece

In value, 2017-2020, K $ US

In 2020, Greece's production of quicklime, slaked lime, and hydraulic lime was valued at 17 036 thousand US dollars, showing minimal change from 2019. Over the period from 2017 to 2020, production declined by 13%, with a compound annual growth rate of -4.5%.

Annual dynamics of production in Greece in value, 2017-2020, K $ US

In kind, 2017-2020, K t

In 2020, Greece produced 231.8 thousand tonnes of quicklime, slaked lime, and hydraulic lime, remaining largely stable compared to the previous year. From 2017 to 2020, production fell by 14.5%, with a compound annual growth rate of -5.1%.

Annual dynamics of production in Greece in kind, 2017-2020, K t

Exports quicklime, slaked lime and hydraulic lime from Greece

Exports in kind, t

In 2020, Greece exported 33 107 tonnes of quicklime, slaked lime, and hydraulic lime, reflecting a 10.7% decrease year-over-year. Over the 2017-2020 period, exports grew by 14.4%, with a compound annual growth rate of 4.6%. The lowest export volume was recorded in 2018 at 27 697 tonnes, while the peak occurred in 2019 with 37 058 tonnes. The largest annual increase was in 2019, at 33.8%.

Annual dynamics of product's exports from Greece in kind, 2017-2020, t

From 2017 to 2020, the three largest markets for Greece's exports in kind were North Macedonia, Albania, and Serbia, which together accounted for 93.0% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Greece in kind, 2017-2020

Exports in value, K $ US

In 2020, Greece exported 2 561 thousand US dollars worth of quicklime, slaked lime, and hydraulic lime, showing a gradual decline of 6.0% from the previous year. Over the 2017-2020 period, export value increased by 29.2%, with a compound annual growth rate of 8.9%. The lowest value was in 2018 at 1 927 thousand US dollars, while the highest was in 2019 at 2 725 thousand US dollars. The largest annual increase was recorded in 2019, at 41.4%.

Annual dynamics of product's exports from Greece in value, 2017-2020, K $ US

From 2017 to 2020, North Macedonia, Albania, and Serbia remained the key destinations for Greece's exports in value terms, with shares of 49.9%, 23.2%, and 19.0% respectively, together accounting for 92.1% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Greece in value, 2017-2020

Imports quicklime, slaked lime and hydraulic lime to Greece

Imports in kind, t

Imports of quicklime, slaked lime, and hydraulic lime into Greece showed notable fluctuations from 2017 to 2020. The lowest volume was in 2017, while the peak was in 2018, with a threefold difference between these years. In 2020, imports totaled 8 003 tonnes, marking a 6.5% reduction from 2019. The maximum volume was recorded in 2018 at 9 216 tonnes. The largest annual decline occurred in 2019 at 7.1%, while the largest increase was in 2018 at 196.1%.

Annual dynamics of product's imports to Greece in kind, 2017-2020, t

Over the 2017-2020 period, imports in kind of quicklime, slaked lime, and hydraulic lime to Greece were heavily concentrated on Bulgaria, which accounted for 83.0% of total flows, with other countries making up the remaining share.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Greece in kind, 2017-2020

Imports in value, K $ US

Imports in value terms of quicklime, slaked lime, and hydraulic lime into Greece experienced significant fluctuations from 2017 to 2020. The lowest value was in 2017, while the peak was in 2018, with imports changing by 2.7 times between these years. In 2020, imports amounted to approximately 826 thousand US dollars, representing a 6.3% increase compared to 2019. The maximum value was recorded in 2018 at 895 thousand US dollars. The largest annual decline was in 2019 at 13.2%, while the largest increase was in 2018 at 171.5%.

Annual dynamics of product's imports to Greece in value, 2017-2020, K $ US

From 2017 to 2020, Bulgaria remained the dominant partner for Greece's imports in value terms of quicklime, slaked lime, and hydraulic lime, holding a 75.2% share of total flows, while other markets contributed the remainder.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Greece in value, 2017-2020