Slovakia: Alkali Metals Market 2024

Alkali Metals Market Size in Slovakia

For the fourth year in a row, the Slovak alkali metals market recorded growth in sales value, which increased by 2% to $X in 2021. Overall, consumption recorded a relatively flat trend pattern. Alkali metals consumption peaked in 2021 and is expected to retain growth in years to come.

Alkali Metals Production in Slovakia

In value terms, alkali metals production declined to $X in 2021 estimated in export price. In general, production continues to indicate a slight curtailment. The growth pace was the most rapid in 2020 with an increase of 30% against the previous year. As a result, production reached the peak level of $X, and then shrank in the following year.

Alkali Metals Exports

Exports from Slovakia

In 2021, after three years of decline, there was significant growth in shipments abroad of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury, when their volume increased by 60% to X tons. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 111% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, alkali metals exports skyrocketed to $X in 2021. Over the period under review, exports posted buoyant growth. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

The Czech Republic (X tons) was the main destination for alkali metals exports from Slovakia, with a 69% share of total exports. Moreover, alkali metals exports to the Czech Republic exceeded the volume sent to the second major destination, Slovenia (X tons), twofold. The third position in this ranking was held by the Netherlands (X kg), with a 0.2% share.

From 2012 to 2021, the average annual growth rate of volume to the Czech Republic amounted to -2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (-19.9% per year) and the Netherlands (-56.9% per year).

In value terms, Slovenia ($X), the Czech Republic ($X) and the Netherlands ($X) appeared to be the largest markets for alkali metals exported from Slovakia worldwide, with a combined 100% share of total exports.

Slovenia, with a CAGR of +15.8%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average alkali metals export price amounted to $X per ton, growing by 152% against the previous year. Overall, the export price enjoyed a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+86.2%), while the prices for the other major destinations experienced more modest paces of growth.

Alkali Metals Imports

Imports into Slovakia

In 2021, purchases abroad of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury increased by 142% to X tons, rising for the third consecutive year after four years of decline. Over the period under review, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2014 when imports increased by 254% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, alkali metals imports soared to $X in 2021. In general, imports recorded a strong increase. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the Czech Republic (X tons) constituted the largest alkali metals supplier to Slovakia, accounting for a 66% share of total imports. Moreover, alkali metals imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. China (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Czech Republic amounted to +99.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+28.8% per year) and China (-7.9% per year).

In value terms, the Czech Republic ($X), Japan ($X) and Germany ($X) appeared to be the largest alkali metals suppliers to Slovakia, with a combined 86% share of total imports.

The Czech Republic, with a CAGR of +70.1%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average alkali metals import price amounted to $X per ton, with an increase of 26% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 301% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (-0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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