Report Update Nov 1, 2024

Slovakia - Bauxite - Market Analysis, Forecast, Size, Trends and Insights

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Slovakia: Bauxite Market 2024

Bauxite Market Size in Slovakia

In 2022, after two years of growth, there was significant decline in the Slovak bauxite market, when its value decreased by -13% to $X. In general, consumption, however, saw slight growth. Bauxite consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Bauxite Exports

Exports from Slovakia

In 2022, overseas shipments of bauxite increased by 12,047% to X tons, rising for the fourth consecutive year after three years of decline. In general, exports, however, faced a sharp descent. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, bauxite exports skyrocketed to $X in 2022. Over the period under review, exports, however, faced a precipitous slump. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Czech Republic (X tons) was the main destination for bauxite exports from Slovakia, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Czech Republic stood at +11.8%.

From 2012 to 2022, the average annual rate of growth in terms of value to the Czech Republic amounted to +9.1%.

Export Prices by Country

In 2022, the average bauxite export price amounted to $X per ton, rising by 1,757% against the previous year. In general, the export price showed a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the Czech Republic.

From 2012 to 2022, the rate of growth in terms of prices for Croatia amounted to +101.8% per year.

Bauxite Imports

Imports into Slovakia

In 2022, after two years of growth, there was significant decline in supplies from abroad of bauxite, when their volume decreased by -5.4% to X tons. Overall, imports, however, recorded pronounced growth. The most prominent rate of growth was recorded in 2021 when imports increased by 102% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, bauxite imports dropped notably to $X in 2022. Over the period under review, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 104%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Hungary (X tons), Germany (X tons) and China (X tons) were the main suppliers of bauxite imports to Slovakia, together comprising 95% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +22.7%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of bauxite to Slovakia, comprising 72% of total imports. The second position in the ranking was taken by Hungary ($X), with a 12% share of total imports. It was followed by Italy, with a 3.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+22.8% per year) and Italy (-27.4% per year).

Import Prices by Country

The average bauxite import price stood at $X per ton in 2022, falling by -28.9% against the previous year. In general, the import price continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2014 when the average import price increased by 23% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Montenegro (+34.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bauxite in the world?

The country with the largest volume of bauxite consumption was China, accounting for 48% of total volume. Moreover, bauxite consumption in China exceeded the figures recorded by the second-largest consumer, Australia, twofold. The third position in this ranking was occupied by Brazil, with a 7.7% share.

What are the largest producers of bauxite in the world?

The countries with the highest volumes of in 2021 were Australia, Guinea and China, together accounting for 68% of global production.

What are the leading suppliers of bauxite to Slovakia?

In value terms, Germany constituted the largest supplier of bauxite to Slovakia, comprising 44% of total imports. The second position in the ranking was occupied by the Czech Republic, with a 10% share of total imports. It was followed by Italy, with a 10% share.

What is the average export price for bauxite in Slovakia?

The average bauxite export price stood at $238 per ton in 2021, remaining relatively unchanged against the previous year.

What is the average import price for bauxite in Slovakia?

The average bauxite import price stood at $286 per ton in 2021, reducing by -17.7% against the previous year.

This report provides an in-depth analysis of the bauxite market in Slovakia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 07291300 - Aluminium ores and concentrates

Country coverage:

Slovakia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Slovakia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023