Slovakia: Colloidal Precious Metals Market 2024

Colloidal Precious Metals Market Size in Slovakia

After two years of growth, the Slovak colloidal precious metals market decreased by X% to $X in 2022. In general, consumption, however, recorded a deep slump. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Colloidal Precious Metals Production in Slovakia

In value terms, colloidal precious metals production stood at $X in 2022 estimated in export price. Over the period under review, production continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Colloidal Precious Metals Exports

Exports from Slovakia

In 2022, exports of colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) from Slovakia expanded remarkably to X tons, increasing by X% against 2021 figures. Over the period under review, exports, however, continue to indicate a dramatic setback. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, colloidal precious metals exports contracted significantly to $X in 2022. In general, exports, however, faced a precipitous decline. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Hungary (X kg), Germany (X kg) and Russia (X kg) were the main destinations of colloidal precious metals exports from Slovakia, together accounting for X% of total exports. Slovenia, Luxembourg, the Czech Republic, Poland and the UK lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovenia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for colloidal precious metals exported from Slovakia were Slovenia ($X), Hungary ($X) and the Czech Republic ($X), with a combined X% share of total exports.

Slovenia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average colloidal precious metals export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the export price recorded a abrupt setback. The pace of growth appeared the most rapid in 2016 when the average export price increased by X%. The export price peaked at $X,898 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($X per ton), while the average price for exports to Luxembourg ($X per ton) was amongst the lowest.

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

Colloidal Precious Metals Imports

Imports into Slovakia

In 2022, the amount of colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) imported into Slovakia skyrocketed to X tons, increasing by X% compared with the previous year's figure. In general, imports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, colloidal precious metals imports skyrocketed to $X in 2022. Overall, imports, however, recorded a abrupt descent. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Luxembourg (X tons), the Czech Republic (X tons) and Germany (X tons) were the main suppliers of colloidal precious metals imports to Slovakia, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest colloidal precious metals suppliers to Slovakia were Luxembourg ($X), the Czech Republic ($X) and Germany ($X), together accounting for X% of total imports.

Germany, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average colloidal precious metals import price amounted to $X per ton, growing by X% against the previous year. Overall, the import price, however, saw a deep downturn. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Italy ($X per ton), while the price for Luxembourg ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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