Slovakia: Aluminum Market 2025

Aluminum Market Size in Slovakia

The Slovak aluminum market surged to $X in 2021, growing by 57% against the previous year. Over the period under review, consumption saw a prominent expansion. Over the period under review, the market hit record highs in 2021 and is likely to continue growth in the near future.

Aluminum Production in Slovakia

In value terms, aluminum production rose remarkably to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2017 with an increase of 17% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Aluminum Exports

Exports from Slovakia

In 2021, approx. X tons of aluminum were exported from Slovakia; rising by 10% compared with 2020. The total export volume increased at an average annual rate of +1.2% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 21% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, aluminum exports skyrocketed to $X in 2021. In general, exports, however, recorded a slight downturn. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Hungary (X tons), Poland (X tons) and Italy (X tons) were the main destinations of aluminum exports from Slovakia, with a combined 56% share of total exports. The Czech Republic, Romania, Austria, Slovenia, Germany and San Marino lagged somewhat behind, together comprising a further 35%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of +28.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for aluminum exported from Slovakia were Hungary ($X), Poland ($X) and Italy ($X), together accounting for 57% of total exports. The Czech Republic, Romania, Austria, Slovenia, Germany and San Marino lagged somewhat behind, together accounting for a further 34%.

Among the main countries of destination, Romania, with a CAGR of +30.1%, recorded 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

In 2021, the average aluminum export price amounted to $X per ton, growing by 37% against the previous year. Overall, the export price, however, saw a perceptible downturn. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2021, the highest price was recorded for prices to Germany ($X per ton) and Romania ($X per ton), while the average price for exports to the Czech Republic ($X per ton) and Austria ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminum Imports

Imports into Slovakia

In 2021, overseas purchases of aluminum were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports posted a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, aluminum imports soared to $X in 2021. Overall, imports enjoyed a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Poland (X tons), the Czech Republic (X tons) and Italy (X tons) were the main suppliers of aluminum imports to Slovakia, together accounting for 60% of total imports. The Netherlands, Romania, Germany, Ukraine, Hungary, Sweden, Latvia, Serbia and Austria lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +84.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Czech Republic ($X) and Italy ($X) constituted the largest aluminum suppliers to Slovakia, together comprising 60% of total imports. These countries were followed by the Netherlands, Romania, Germany, Ukraine, Hungary, Sweden, Latvia, Serbia and Austria, which together accounted for a further 34%.

Sweden, with a CAGR of +83.9%, saw the highest growth rate of 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 aluminum import price amounted to $X per ton, surging by 43% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.3%. Over the period under review, average import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were Sweden ($X per ton) and Germany ($X per ton), while the price for Austria ($X per ton) and Ukraine ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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