Slovakia: Activated Carbon Market 2024

Activated Carbon Market Size in Slovakia

The Slovak activated carbon market declined rapidly to $X in 2022, shrinking by -39% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Activated Carbon Exports

Exports from Slovakia

After three years of growth, shipments abroad of activated carbon decreased by -16.4% to X tons in 2022. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 355%. The exports peaked at X tons in 2021, and then declined rapidly in the following year.

In value terms, activated carbon exports surged to $X in 2022. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by 386%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Ukraine (X tons) was the main destination for activated carbon exports from Slovakia, accounting for a 61% share of total exports. Moreover, activated carbon exports to Ukraine exceeded the volume sent to the second major destination, Serbia (X tons), sixfold. Poland (X tons) ranked third in terms of total exports with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ukraine amounted to +92.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+69.2% per year) and Poland (+13.1% per year).

In value terms, Ukraine ($X), Poland ($X) and Russia ($X) were the largest markets for activated carbon exported from Slovakia worldwide, together accounting for 44% of total exports.

Among the main countries of destination, Ukraine, with a CAGR of +71.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average activated carbon export price stood at $X per ton in 2022, rising by 111% against the previous year. Overall, the export price, however, saw a abrupt slump. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Activated Carbon Imports

Imports into Slovakia

In 2022, imports of activated carbon into Slovakia declined notably to X tons, reducing by -35.5% compared with the year before. Over the period under review, imports, however, recorded a measured increase. The pace of growth appeared the most rapid in 2019 with an increase of 160% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, activated carbon imports reduced remarkably to $X in 2022. In general, total imports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +18.3% against 2018 indices. The growth pace was the most rapid in 2016 when imports increased by 98% against the previous year. Imports peaked at $X in 2021, and then declined sharply in the following year.

Imports by Country

Germany (X tons), the Netherlands (X tons) and China (X tons) were the main suppliers of activated carbon imports to Slovakia, with a combined 80% share of total imports. The Czech Republic, the Philippines, Italy, Austria, the UK and France lagged somewhat behind, together comprising a further 17%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Philippines (with a CAGR of +63.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and the Netherlands ($X) appeared to be the largest activated carbon suppliers to Slovakia, with a combined 80% share of total imports. Italy, the Czech Republic, the Philippines, France, the UK and Austria lagged somewhat behind, together comprising a further 12%.

In terms of the main suppliers, the Philippines, with a CAGR of +66.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average activated carbon import price stood at $X per ton in 2022, with an increase of 5.1% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 26%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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