The lime market in Australia is driven by a variety of factors. The demand for limes is increasing due to their versatile use in the food and beverage industry, particularly in cocktails and as a flavoring for various dishes. Additionally, limes are also used in cosmetics and essential oils, which further contributes to the demand. The production of limes is largely concentrated in the tropical regions of Queensland and New South Wales, which are subject to weather patterns and natural disasters, such as cyclones, which can impact the supply and price of limes. The import of limes from countries such as Mexico and the United States also affects the market dynamics. Overall, the lime market in Australia is subject to both domestic and global factors that impact supply, demand, and pricing.
The Australia Lime Market was estimated to account for US$ 294.1 billion in terms of value in 2021 and is predicted to grow at a CAGR of 2.1% during the forecast period (2022 to 2030).
Prominent Companies in the Australia Lime Industry:
1. Adelaide Brighton Ltd
Adelaide Brighton Ltd is an Australian construction materials company founded in 1882. Its headquarters are located in Adelaide, Australia. The company operates in Australia and the Asia Pacific region, with a focus on the production and supply of cement, concrete, lime, and aggregates. In December, 2022 Adbri Limited announces that it has extended its cementitious materials supply arrangement with Independent Cement and Lime Pty Ltd (“ICL”) to the end of 2023. I
2. Boral Ltd.
Boral Ltd. is a multinational construction Materials Company headquartered in North Sydney, Australia. It was founded in 1946 and operates in Australia, Asia, and North America. Boral produces and supplies building and construction materials, including cement, concrete, asphalt, and timber products. In partnership with the University of NSW (UNSW) Boral has secured a $384,000 grant from the Australian Research Council (ARC).
3. Sibelco Australia
Sibelco Australia is a subsidiary of Sibelco Group, a global materials solutions company founded in Belgium in 1872. Sibelco Australia operates in Australia and New Zealand, providing industrial minerals, including silica, kaolin, feldspar, and calcium carbonate, to a variety of industries, including glass, ceramics, construction, and mining. In December, 2022 Sibelco acquires Bassanetti Group.
4. Omya Australia Pty Ltd
Omya Australia Pty Ltd is a subsidiary of Omya AG, a Swiss-based company that was founded in 1884. Omya Australia operates in Australia and New Zealand, providing calcium carbonate and dolomite products to the paper, paint, plastics, and construction industries. In August 2021, Omya announced the acquisition of Australian specialty chemicals distributor, Chemical Solutions Pty Ltd, to expand its presence in the Australian market and strengthen its position in the lime and minerals industries.
5. Wagners
Wagners is an Australian construction materials and services company founded in 1989. Its headquarters are located in Toowoomba, Australia. Wagners operates in Australia and Southeast Asia, providing cement, concrete, aggregates, and other materials for infrastructure, mining, and construction projects. In September 2021, Wagners announced the acquisition of the lime and quarry operations of Southern Cross Lime, a lime producer based in Queensland, to expand its lime business and strengthen its presence in the mining and construction sectors.
6. Lime Group Australia
Lime Group Australia is an Australian-owned company founded in 1976. Its headquarters are located in Perth, Australia. Lime Group operates in Australia and Southeast Asia, providing lime and limestone products for agriculture, mining, and water treatment applications. In October 2021, Lime Group Australia announced the acquisition of the lime and limestone assets of the Western Australian Lime Group, including a limestone quarry and lime processing facilities, to expand its production capacity and product range in the lime industry.
*Definition- Limes are a citrus fruit commonly grown in tropical regions of Australia, primarily Queensland and New South Wales. They are known for their acidic, tart flavor and are used in a variety of culinary applications, as well as in cosmetics and essential oils.
