Slovakia: Dolomite Market 2024

Dolomite Market Size in Slovakia

The Slovak dolomite market surged to $X in 2021, increasing by 17% against the previous year. Overall, consumption continues to indicate a abrupt setback. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Dolomite Production in Slovakia

In value terms, dolomite production surged to $X in 2021 estimated in export price. Overall, the total production indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +93.0% against 2018 indices. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Dolomite Exports

Exports from Slovakia

In 2021, shipments abroad of chalk and dolomite increased by 33% to X tons, rising for the fourth year in a row after two years of decline. In general, total exports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +9.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +71.5% against 2017 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 37%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, dolomite exports soared to $X in 2021. Overall, total exports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +95.2% against 2016 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Poland (X tons), the Czech Republic (X tons) and Ukraine (X tons) were the main destinations of dolomite exports from Slovakia, with a combined 99.9% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +17.2%), while the other leaders experienced mixed trend patterns.

In value terms, Poland ($X) remains the key foreign market for chalk and dolomite exports from Slovakia, comprising 72% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 28% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Poland totaled +10.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-1.5% per year) and Ukraine (-44.8% per year).

Export Prices by Country

In 2021, the average dolomite export price amounted to $X per ton, jumping by 22% against the previous year. Over the period under review, the export price, however, saw a pronounced reduction. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to the Czech Republic ($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 Ukraine (-1.7%), while the prices for the other major destinations experienced a decline.

Dolomite Imports

Imports into Slovakia

In 2021, after three years of decline, there was significant growth in overseas purchases of chalk and dolomite, when their volume increased by 10% to X tons. Overall, imports saw a prominent increase. The most prominent rate of growth was recorded in 2016 when imports increased by 466% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, dolomite imports soared to $X in 2021. In general, imports saw a buoyant increase. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

The Czech Republic (X tons), Austria (X tons) and Hungary (X tons) were the main suppliers of dolomite imports to Slovakia, together comprising 99% of total imports.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +30.1%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Austria ($X) constituted the largest supplier of chalk and dolomite to Slovakia, comprising 61% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a 14% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Austria amounted to +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+13.9% per year) and Hungary (-19.2% per year).

Import Prices by Country

In 2021, the average dolomite import price amounted to $X per ton, surging by 22% against the previous year. In general, the import price, however, continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2019 an increase of 172%. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for the Czech Republic ($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 (+169.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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