Slaked Lime Price in Estonia - 2023

Slaked Lime Price in Estonia (CIF) - 2023

The average slaked lime import price stood at $183 per ton in September 2023, shrinking by -4.1% against the previous month. In general, the import price showed a noticeable setback. The growth pace was the most rapid in January 2023 an increase of 104% month-to-month. As a result, import price attained the peak level of $522 per ton. From February 2023 to September 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Lithuania ($335 per ton), while the price for Latvia ($160 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Slaked Lime Price in Estonia (FOB) - 2022

In 2022, the average slaked lime export price amounted to $284 per ton, with a decrease of -12.1% against the previous year. Over the period under review, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by 290% against the previous year. As a result, the export price attained the peak level of $1,424 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($531 per ton), while the average price for exports to Finland totaled $276 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (-2.5%).

Slaked Lime Imports in Estonia

In 2022, imports of slaked lime into Estonia reduced remarkably to 1.7K tons, with a decrease of -25.6% on 2021. Over the period under review, imports showed a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 18% against the previous year. As a result, imports attained the peak of 2.3K tons, and then fell rapidly in the following year.

In value terms, slaked lime imports contracted modestly to $432K in 2022. The total import value increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. As a result, imports reached the peak of $432K, leveling off in the following year.

Import of Slaked Lime in Estonia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Lithuania	16.4	165	384	365	181.3%
Sweden	N/A	64.6	23.7	37.9	-23.4%
Finland	173	122	17.5	20.7	-50.7%
Others	140	14.7	6.6	8.4	-60.9%
Total	329	367	432	432	9.5%

Top Suppliers of Slaked Lime to Estonia in 2022:

Lithuania (1532.0 tons)
Sweden (99.0 tons)
Finland (87.1 tons)

Slaked Lime Exports in Estonia

For the fourth consecutive year, Estonia recorded growth in overseas shipments of slaked lime, which increased by 48% to 145 tons in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 61% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, slaked lime exports soared to $41K in 2022. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 75% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.