Slovakia: Fireclay Market 2024

Fireclay Market Size in Slovakia

The Slovak fireclay market plummeted to $X in 2021, falling by -21.6% against the previous year. Overall, consumption, however, recorded a pronounced increase. As a result, consumption reached the peak level of $X, and then fell rapidly in the following year.

Fireclay Production in Slovakia

In value terms, fireclay production declined significantly to $X in 2021 estimated in export price. Overall, production, however, posted a tangible expansion. The most prominent rate of growth was recorded in 2020 with an increase of 85%. As a result, production attained the peak level of $X, and then fell dramatically in the following year.

Fireclay Exports

Exports from Slovakia

In 2021, the amount of fireclay exported from Slovakia soared to X tons, with an increase of 364% against the year before. Overall, exports saw a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, fireclay exports soared to $X in 2021. In general, exports continue to indicate a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X tons) was the main destination for fireclay exports from Slovakia, accounting for a 95% share of total exports. Moreover, fireclay exports to the UK exceeded the volume sent to the second major destination, Moldova (X tons), more than tenfold. Poland (X kg) ranked third in terms of total exports with a 0.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK amounted to +57.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (0.0% per year) and Poland (-33.2% per year).

In value terms, the UK ($X) emerged as the key foreign market for fireclay exports from Slovakia, comprising 93% of total exports. The second position in the ranking was taken by Moldova ($X), with a 6.7% share of total exports. It was followed by Poland, with a 0.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK stood at +56.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (0.0% per year) and Poland (-31.6% per year).

Export Prices by Country

In 2021, the average fireclay export price amounted to $X per ton, with an increase of 8.7% against the previous year. Overall, the export price, however, saw a noticeable decrease. The pace of growth appeared the most rapid in 2020 when the average export price increased by 62%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to the UK ($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 Poland (+2.3%), while the prices for the other major destinations experienced a decline.

Fireclay Imports

Imports into Slovakia

In 2021, overseas purchases of fireclay increased by 12% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports saw a perceptible expansion. The most prominent rate of growth was recorded in 2017 with an increase of 209%. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, fireclay imports fell significantly to $X in 2021. In general, imports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2016 when imports increased by 200%. Imports peaked at $X in 2020, and then reduced rapidly in the following year.

Imports by Country

In 2021, the Czech Republic (X tons) constituted the largest supplier of fireclay to Slovakia, with a 78% share of total imports. Moreover, fireclay imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Czech Republic amounted to +3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+44.0% per year) and Germany (-19.0% per year).

In value terms, the Czech Republic ($X), China ($X) and Germany ($X) were the largest fireclay suppliers to Slovakia, together accounting for 84% of total imports.

China, with a CAGR of +49.5%, saw 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 mixed trend patterns.

Import Prices by Country

In 2021, the average fireclay import price amounted to $X per ton, reducing by -36.6% against the previous year. Overall, the import price, however, posted tangible growth. The pace of growth was the most pronounced in 2016 when the average import price increased by 70% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+31.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :