Slovakia: Market for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like 2024

Market Size for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Slovakia

The Slovak articles of fiber cement market rose modestly to $X in 2022, growing by 3.1% against the previous year. The market value increased at an average annual rate of +1.7% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Slovakia

In value terms, articles of fiber cement production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.6% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by 38%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Exports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Exports from Slovakia

In 2022, shipments abroad of articles of asbestos-cement, cellulose fiber-cement or the like decreased by -68.3% to X tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a slight setback. The pace of growth was the most pronounced in 2015 with an increase of 3,406% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, articles of fiber cement exports contracted markedly to $X in 2022. Over the period under review, exports, however, posted buoyant growth. The pace of growth was the most pronounced in 2015 when exports increased by 5,964% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Austria (X tons), Hungary (X tons) and Poland (X tons) were the main destinations of articles of fiber cement exports from Slovakia, with a combined 50% share of total exports. The Czech Republic, Germany, Romania, Italy and Sweden lagged somewhat behind, together accounting for a further 42%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +148.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for articles of fiber cement exported from Slovakia were Austria ($X), Hungary ($X) and Poland ($X), together accounting for 56% of total exports. The Czech Republic, Romania, Italy, Germany and Sweden lagged somewhat behind, together comprising a further 34%.

In terms of the main countries of destination, Romania, with a CAGR of +176.3%, 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

The average articles of fiber cement export price stood at $X per ton in 2022, picking up by 110% against the previous year. In general, the export price enjoyed a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Sweden ($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 Austria (+31.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Imports into Slovakia

Articles of fiber cement imports into Slovakia soared to X tons in 2022, increasing by 16% compared with the previous year. Over the period under review, imports posted modest growth. The most prominent rate of growth was recorded in 2019 with an increase of 57%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, articles of fiber cement imports surged to $X in 2022. In general, imports enjoyed resilient growth. The growth pace was the most rapid in 2021 when imports increased by 69%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest articles of fiber cement supplier to Slovakia, with a 70% share of total imports. Moreover, articles of fiber cement imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), tenfold. The Czech Republic (X tons) ranked third in terms of total imports with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +72.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+17.5% per year) and the Czech Republic (-7.1% per year).

In value terms, China ($X) constituted the largest supplier of articles of asbestos-cement, cellulose fiber-cement or the like to Slovakia, comprising 59% of total imports. The second position in the ranking was taken by Turkey ($X), with a 17% share of total imports. It was followed by Belgium, with a 6% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +78.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+82.0% per year) and Belgium (+23.7% per year).

Import Prices by Country

In 2022, the average articles of fiber cement import price amounted to $X per ton, increasing by 20% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, articles of fiber cement import price increased by +63.9% against 2019 indices. The most prominent rate of growth was recorded in 2018 an increase of 36% against the previous year. As a result, import price attained the peak level of $X per ton; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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