Eastern Europe: Mixtures Of Slag Market 2024

Mixtures Of Slag Market Size in Eastern Europe

In 2021, the East European mixtures of slag market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption recorded a noticeable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Mixtures Of Slag Production in Eastern Europe

In value terms, mixtures of slag production expanded notably to $X in 2021 estimated in export price. In general, production, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2018 with an increase of 64% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Mixtures Of Slag Exports

Exports in Eastern Europe

In 2021, the amount of mixtures of slag exported in Eastern Europe fell remarkably to X tons, which is down by -27.2% compared with the previous year. In general, exports continue to indicate a mild decrease. The growth pace was the most rapid in 2014 with an increase of 283% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, mixtures of slag exports fell rapidly to $X in 2021. Overall, exports faced a abrupt decline. The pace of growth appeared the most rapid in 2015 when exports increased by 112%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Latvia represented the main exporting country with an export of about X tons, which amounted to 65% of total exports. It was distantly followed by Belarus (X tons), Russia (X tons) and Hungary (X tons), together generating a 34% share of total exports.

Latvia was also the fastest-growing in terms of the mixtures of slag exports, with a CAGR of +38.2% from 2012 to 2021. At the same time, Hungary (+6.5%) displayed positive paces of growth. Belarus experienced a relatively flat trend pattern. By contrast, Russia (-10.1%) illustrated a downward trend over the same period. Latvia (+62 p.p.), Belarus (+17 p.p.) and Hungary (+3.9 p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by -11.2% from 2012 to 2021, respectively.

In value terms, Russia ($X) remains the largest mixtures of slag supplier in Eastern Europe, comprising 69% of total exports. The second position in the ranking was taken by Latvia ($X), with a 23% share of total exports. It was followed by Belarus, with a 3% share.

In Russia, mixtures of slag exports contracted by an average annual rate of -5.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Latvia (+39.4% per year) and Belarus (-8.3% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2021, picking up by 8% against the previous year. In general, the export price, however, faced a abrupt decline. The most prominent rate of growth was recorded in 2018 an increase of 64%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+5.6%), while the other leaders experienced mixed trends in the export price figures.

Mixtures Of Slag Imports

Imports in Eastern Europe

Mixtures of slag imports skyrocketed to X tons in 2021, picking up by 74% compared with 2020 figures. In general, imports, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2018 when imports increased by 175%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, mixtures of slag imports skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 137%. The level of import peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

Latvia was the key importing country with an import of about X tons, which amounted to 66% of total imports. It was distantly followed by Poland (X tons), achieving a 31% share of total imports. Slovakia (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to mixtures of slag imports into Latvia stood at -9.1%. At the same time, Slovakia (+6.9%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +6.9% from 2012-2021. By contrast, Poland (-12.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Latvia increased by +6.8 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest mixtures of slag importing markets in Eastern Europe were Latvia ($X), Poland ($X) and Slovakia ($X), with a combined 89% share of total imports.

Among the main importing countries, Slovakia, with a CAGR of +4.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per ton, standing approx. at the previous year. In general, the import price saw a resilient expansion. The growth pace was the most rapid in 2016 when the import price increased by 127%. Over the period under review, import prices reached the maximum at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Slovakia ($X per ton), while Latvia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+10.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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