Market Trends of Argentina Lime Industry
This section covers the major market trends shaping the Argentina Lime Market according to our research experts:
Rise in Lime Production
Lime production in Argentina has been continuously increasing for the last five years at an average rate of 1.5 million metric ton per year. In 2018, the country produced 2 million ton of lime, which was highest ever in Argentina. Tucuman is the leading lime rendering region in Argentina, with almost 70% of production. The main reason for such a rise in production is due to the high demand for lime. Domestic consumption of lime and lemon in Argentina has been improving positively, with little fluctuation over the years. Consumption demand is predominantly satisfied by the regional production and supply, with low imports.
Leading Importers from Argentina
Argentina exported 0.3 million metric ton of lime to the world, which is 16% of its total production. European countries, such as Spain, Netherlands, Russia, Italy, and Greece, were some of the leading importers of lime from Argentina with 27.09%, 13.31%, 12.78%, 12.29%, and 3.8% of Argentina's exports in 2018. Ukraine, Canada, France, and the United States are some other countries that import lime from Argentina.
