The latest report by IMARC Group, titled “Quicklime Pricing Report 2024: Price Trend, Chart, Industry Analysis, News, Demand, Historical and Forecast Data,” provides a thorough examination of Quicklime Prices. This report delves into the price of Quicklime globally, presenting a detailed analysis, along with an informative Price Chart. Through comprehensive Quicklime price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to provide context and depth to the current pricing landscape. The report also explores the Demand, analyzing how it impacts industry dynamics. To aid in strategic planning, the price forecast section provides insights into price forecasting, making this price report an invaluable resource for industry stakeholders.
Quicklime Prices December 2023:
- United States: 205 USD/MT
- China: 156 USD/MT
- Netherlands: 159 USD/MT
- UAE: 140 USD/MT
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The study delves into the factors affecting Quicklime price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the industry, equipping stakeholders with the latest information on industry fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
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Key Details About the Quicklime Price Trend- Last Quarter
The Quicklime industry is experiencing growth driven by several key factors. The construction industry's expanding infrastructure projects demand quicklime for soil stabilization, asphalt modification, and water treatment, fostering industry expansion. Besides, the steel industry relies on quicklime for removing impurities during the refining process, ensuring product quality, and driving industry demand. Additionally, the chemical industry utilizes quicklime in various processes, such as pH regulation and chemical synthesis, further bolstering industry growth. Moreover, the increasing adoption of quicklime in environmental applications, including flue gas desulfurization and wastewater treatment, is fueling industry expansion as stringent environmental regulations drive demand for pollution control solutions.
Factors Influencing Quicklime Prices – Last Quarter
In North America during the fourth quarter of 2023, the Quicklime industry experienced a nuanced landscape influenced by multiple factors. A shortage of imports, coupled with logistical challenges in global container trade, constrained supplies, and hindered order fulfillment. While downstream demand from the steel production industry remained moderate, the construction sector faced sluggish demand due to high mortgage and interest rates. Moreover, the volatility in freight charges escalated import costs, further impacting pricing dynamics. These factors collectively contributed to a marginal surge in prices in November, followed by a decrease in December, reflecting industry adjustments amidst supply constraints and fluctuating demand.
In the APAC region, the Quicklime industry saw improved conditions in the fourth quarter of 2023, driven by a combination of limited supply, moderate to high demand, and rising input costs. Destocking activities and reduced production rates led to limited supplies, prompting a price increase. Resilient demand, especially from the downstream steel manufacturing segment, further fueled this trend. In China, robust demand both domestically and internationally, particularly in infrastructure and manufacturing sectors, drove prices higher. Despite no reported plant shutdowns, these dynamics created a industry environment characterized by supply-demand imbalances and increased prices, reflecting the region's ongoing economic recovery and infrastructure development.
In Europe, the Quicklime industry encountered a declining pattern in the fourth quarter of 2023, marked by fluctuating prices and subdued demand from the downstream steel industry. High input costs and an overall economic slowdown added to the industry challenges, prompting suppliers to adopt cautious strategies to navigate through competitive pressures.
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece
- North America: United States and Canada
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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