Market Research Report
Africa Lime Market - Growth, Trends and Forecasts (2020 - 2025)
|Published by||Mordor Intelligence Pvt Ltd||Product code||946687|
|Published||Content info||110 Pages
Delivery time: 2-3 business days
|Africa Lime Market - Growth, Trends and Forecasts (2020 - 2025)|
|Published: August 1, 2020||Content info: 110 Pages||
The Africa lime market is estimated to register a CAGR of 2.5% over the forecast period (2020 - 2025). Lime production in Africa has been continuously increasing for last few years. Increasing consumer demand due to the nutritive contents of lime coupled with the industrial uses such as lime processing and cosmetics are the prime drives of the market in Africa. South Africa, Egypt, and Sudan are the leading producers of the region.
South Africa Dominates in Terms of Production
South Africa is the leading producer of lime in Africa. The country produced 446 thousand metric tons of lime in the year 2018 increasing to 474 thousand metric tons in 2019. The main reason for the rise in production is due to increased lime cultivation area. New planting methods, improved water management techniques by farmers, and duty-free exports of lime are some of the factors that are driving the production of lime in South Africa
South Africa Dominates the Export Market
South Africa is the top exporter of lime among all the African countries followed by Egypt and Morocco. According to ITC Trade Map data, Netherlands, Saudi Arabia, UAE, Russia, and Hong Kong are leading importers of lime from South Africa with an import value share of 13.1%, 11.2%, 10.9%, 7.9%, and 7.7% in 2019. These five countries collectively imported USD 140 million worth of lime. Owing to the increasing global consumer demand, the exports are anticipated to rise in the coming years.