Slovakia: Expanded Clays Market 2024

Expanded Clays Market Size in Slovakia

In 2021, the Slovak expanded clays market was finally on the rise to reach $X after two years of decline. Overall, consumption, however, showed a pronounced reduction. Expanded clays consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Expanded Clays Production in Slovakia

In value terms, expanded clays production soared to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2015 with an increase of 24%. Expanded clays production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Expanded Clays Exports

Exports from Slovakia

In 2021, expanded clays exports from Slovakia reduced to X tons, with a decrease of -2.6% on the previous year's figure. Overall, exports, however, showed strong growth. The growth pace was the most rapid in 2014 with an increase of 68% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, expanded clays exports skyrocketed to $X in 2021. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by 37%. The exports peaked in 2021 and are likely to see gradual growth in years to come.

Exports by Country

The Czech Republic (X tons) was the main destination for expanded clays exports from Slovakia, with a 69% share of total exports. Moreover, expanded clays exports to the Czech Republic exceeded the volume sent to the second major destination, Germany (X tons), threefold. The third position in this ranking was held by Hungary (X tons), with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Czech Republic stood at +59.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-2.6% per year) and Hungary (+28.8% per year).

In value terms, Germany ($X) remains the key foreign market for exfoliated vermiculite, expanded clays and foamed slag exports from Slovakia, comprising 52% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a 26% share of total exports. It was followed by Austria, with an 8.1% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled -2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+2.8% per year) and Austria (-0.1% per year).

Export Prices by Country

In 2021, the average expanded clays export price amounted to $X per ton, surging by 23% against the previous year. Overall, the export price, however, showed a deep downturn. The most prominent rate of growth was recorded in 2018 an increase of 31%. 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 external markets. In 2021, the country with the highest price was Austria ($X per ton), while the average price for exports to the Czech Republic ($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 Austria (+5.0%), while the prices for the other major destinations experienced mixed trend patterns.

Expanded Clays Imports

Imports into Slovakia

Expanded clays imports into Slovakia soared to X tons in 2021, surging by 45% against the previous year. Overall, imports recorded a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, expanded clays imports rose rapidly to $X in 2021. The total import value increased at an average annual rate of +1.8% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by 34%. Over the period under review, imports attained the peak figure in 2021 and are likely to see gradual growth in years to come.

Imports by Country

The Czech Republic (X tons), Austria (X tons) and Germany (X tons) were the main suppliers of expanded clays imports to Slovakia, with a combined 95% share of total imports. Denmark lagged somewhat behind, comprising a further 1.6%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of +14.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) constituted the largest supplier of exfoliated vermiculite, expanded clays and foamed slag to Slovakia, comprising 49% of total imports. The second position in the ranking was taken by Austria ($X), with a 24% share of total imports. It was followed by Denmark, with a 7.8% share.

From 2012 to 2021, the average annual growth rate of value from the Czech Republic stood at +6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-0.8% per year) and Denmark (+10.9% per year).

Import Prices by Country

The average expanded clays import price stood at $X per ton in 2021, shrinking by -22.5% against the previous year. Overall, the import price saw a drastic downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 10% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (-3.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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