Slovakia: Cement Clinker Market 2024

Cement Clinker Market Size in Slovakia

In 2022, the Slovak cement clinker market increased by 4.4% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Cement Clinker Production in Slovakia

In value terms, cement clinker production rose slightly to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 36%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Cement Clinker Exports

Exports from Slovakia

In 2022, approx. X tons of cement clinker were exported from Slovakia; which is down by -92.6% against the previous year. Overall, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2014 with an increase of 29,460,780% against the previous year. The exports peaked at X tons in 2021, and then contracted remarkably in the following year.

In value terms, cement clinker exports declined rapidly to $X in 2022. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 11,182,113%. Over the period under review, the exports hit record highs at $X in 2021, and then fell remarkably in the following year.

Exports by Country

The Czech Republic (X tons) was the main destination for cement clinker exports from Slovakia, with a 99% share of total exports. It was followed by Austria (X tons), with a 0.5% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the Czech Republic stood at +13.2%.

In value terms, the Czech Republic ($X) remains the key foreign market for cement clinker exports from Slovakia, comprising 99% of total exports. The second position in the ranking was taken by Austria ($X), with a 0.6% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the Czech Republic amounted to +12.3%.

Export Prices by Country

The average cement clinker export price stood at $X per ton in 2022, surging by 4.3% against the previous year. In general, the export price, however, recorded a slight reduction. The pace of growth was the most pronounced in 2013 when the average export price increased by 133% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major overseas 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 the Czech Republic stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+7.5%), while the prices for the other major destinations experienced mixed trend patterns.

Cement Clinker Imports

Imports into Slovakia

In 2022, imports of cement clinker into Slovakia soared to X tons, rising by 22% against 2021. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 408%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, cement clinker imports surged to $X in 2022. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 126%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Ukraine (X tons) constituted the largest supplier of cement clinker to Slovakia, accounting for a 63% share of total imports. Moreover, cement clinker imports from Ukraine exceeded the figures recorded by the second-largest supplier, Bosnia and Herzegovina (X tons), fourfold. The third position in this ranking was held by Austria (X tons), with a 6.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Ukraine totaled +26.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Bosnia and Herzegovina (+38.5% per year) and Austria (+14.4% per year).

In value terms, Ukraine ($X) constituted the largest supplier of cement clinker to Slovakia, comprising 44% of total imports. The second position in the ranking was held by Bosnia and Herzegovina ($X), with a 16% share of total imports. It was followed by Austria, with a 9.2% share.

From 2012 to 2022, the average annual growth rate of value from Ukraine stood at +35.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Bosnia and Herzegovina (+51.4% per year) and Austria (+18.7% per year).

Import Prices by Country

The average cement clinker import price stood at $X per ton in 2022, picking up by 1.6% against the previous year. Over the period under review, the import price, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2020 an increase of 46%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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