Report Update Nov 1, 2024

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

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Slovakia: Chromium Market 2021

Chromium Market Size in Slovakia

In 2020, the Slovak chromium market decreased by -X% to $X for the first time since 2015, thus ending a four-year rising trend. In general, consumption showed a abrupt downturn. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Chromium consumption peaked at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.

Chromium Exports

Exports from Slovakia

In 2020, approx. X kg of chromium were exported from Slovakia; which is down by -X% compared with the previous year's figure. In general, exports, however, recorded a strong increase. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X kg in 2018; however, from 2019 to 2020, exports remained at a lower figure.

In value terms, chromium exports amounted to $X in 2020. Overall, exports, however, posted prominent growth. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, exports hit record highs in 2020 and are likely to see gradual growth in the near future.

Exports by Country

The Czech Republic (X kg) was the main destination for chromium exports from Slovakia, with a X% share of total exports. It was followed by Poland (X kg), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to the Czech Republic stood at +X%.

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

From 2007 to 2020, the average annual rate of growth in terms of value to the Czech Republic totaled +X%.

Export Prices by Country

In 2020, the average chromium export price amounted to $X per ton, picking up by X% against the previous year. In general, the export price enjoyed a moderate expansion. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. Over the period under review, average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Poland stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Poland.

Chromium Imports

Imports into Slovakia

After two years of growth, supplies from abroad of chromium decreased by -X% to X tons in 2020. In general, imports showed a deep setback. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, chromium imports shrank rapidly to $X in 2020. Overall, imports showed a noticeable curtailment. The pace of growth was the most pronounced in 2019 with an increase of X% year-to-year. As a result, imports reached the peak of $X, and then declined sharply in the following year.

Imports by Country

In 2020, the UK (X kg) constituted the largest supplier of chromium to Slovakia, with a X% share of total imports. Moreover, chromium imports from the UK exceeded the figures recorded by the second-largest supplier, Poland (X kg), fourfold.

From 2007 to 2020, the average annual growth rate of volume from the UK amounted to +X%.

In value terms, the UK ($X) constituted the largest supplier of chromium to Slovakia, comprising X% of total imports. The second position in the ranking was occupied by Poland ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from the UK amounted to +X%.

Import Prices by Country

The average chromium import price stood at $X per ton in 2020, surging by X% against the previous year. Over the period under review, the import price enjoyed a strong expansion. The pace of growth appeared the most rapid in 2009 an increase of X% y-o-y. Over the period under review, average import prices attained the maximum in 2020 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the UK ($X per ton), while the price for Poland totaled $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the UK.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chromium in the world?

The country with the largest volume of chromium consumption was South Africa, comprising approx. 46% of total volume. Moreover, chromium consumption in South Africa exceeded the figures recorded by the second-largest consumer, Turkey, twofold. The third position in this ranking was occupied by Kazakhstan, with a 13% share.

What are the largest producers of chromium in the world?

The country with the largest volume of chromium production was South Africa, comprising approx. 46% of total volume. Moreover, chromium production in South Africa exceeded the figures recorded by the second-largest producer, Turkey, twofold. Kazakhstan ranked third in terms of total production with a 13% share.

What are the leading suppliers of chromium to Slovakia?

In value terms, the UK constituted the largest supplier of chromium to Slovakia, comprising 95% of total imports. The second position in the ranking was occupied by Poland, with a 2.8% share of total imports.

What are the leading importers of chromium from Slovakia?

In value terms, the Czech Republic remains the key foreign market for chromium exports from Slovakia, comprising 99% of total exports. The second position in the ranking was occupied by Poland $80), with a 0.8% share of total exports.

What is the average export price for chromium in Slovakia?

The average chromium export price stood at $13,612 per ton in 2020, surging by 2.6% against the previous year.

What is the average import price for chromium in Slovakia?

In 2020, the average chromium import price amounted to $46,664 per ton, with an increase of 47% against the previous year.

This report provides an in-depth analysis of the chromium 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 2025.

Product coverage:

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