Slovakia: Market for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone 2024

Market Size for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Slovakia

In 2021, the Slovak market for building blocks and bricks of cement, concrete or artificial stone increased by 20% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +3.7% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Slovakia

In value terms, production of building blocks and bricks of cement, concrete or artificial stone skyrocketed to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Exports from Slovakia

In 2021, the amount of building blocks and bricks of cement, concrete or artificial stone exported from Slovakia expanded significantly to X tons, with an increase of 6.6% on 2020. In general, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2017 with an increase of 51%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, exports of building blocks and bricks of cement, concrete or artificial stone expanded remarkably to $X in 2021. Overall, exports posted a buoyant expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 52% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The Czech Republic (X tons), Poland (X tons) and Hungary (X tons) were the main destinations of exports of building blocks and bricks of cement, concrete or artificial stone from Slovakia, together accounting for 88% of total exports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +245.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) remains the key foreign market for building blocks and bricks of cement, concrete or artificial stone exports from Slovakia, comprising 46% of total exports. The second position in the ranking was held by Hungary ($X), with a 23% share of total exports. It was followed by Poland, with a 20% share.

From 2012 to 2021, the average annual growth rate of value to the Czech Republic stood at +1.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+13.5% per year) and Poland (+116.2% per year).

Export Prices by Country

In 2021, the average export price for building blocks and bricks of cement, concrete or artificial stone amounted to $X per ton, surging by 2.5% against the previous year. In general, the export price, however, continues to indicate a mild decline. The most prominent rate of growth was recorded in 2020 an increase of 10% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Poland ($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 the Czech Republic (+3.8%), while the prices for the other major destinations experienced a decline.

Imports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Imports into Slovakia

In 2021, purchases abroad of building blocks and bricks of cement, concrete or artificial stone was finally on the rise to reach X tons after three years of decline. Overall, total imports indicated a slight expansion from 2012 to 2021: its volume increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports of hit record highs at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of building blocks and bricks of cement, concrete or artificial stone soared to $X in 2021. Over the period under review, total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when imports increased by 71% against the previous year. Imports peaked 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 supplier of building blocks and bricks of cement, concrete or artificial stone to Slovakia, accounting for a 68% share of total imports. Moreover, imports of building blocks and bricks of cement, concrete or artificial stone from the Czech Republic exceeded the figures recorded by the second-largest supplier, Poland (X tons), fourfold.

From 2012 to 2021, the average annual growth rate of volume from the Czech Republic totaled +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+4.1% per year) and Hungary (-11.5% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of building blocks and bricks of cement, concrete or artificial stone to Slovakia, comprising 71% of total imports. The second position in the ranking was held by Poland ($X), with a 19% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the Czech Republic amounted to +10.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+5.3% per year) and Hungary (-8.4% per year).

Import Prices by Country

In 2021, the average import price for building blocks and bricks of cement, concrete or artificial stone amounted to $X per ton, rising by 3% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.7%. The growth pace was the most rapid in 2013 an increase of 51%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Czech Republic ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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