Slovakia: Market for Granules, Chippings And Powder Of Marble 2024

Market Size for Granules, Chippings And Powder Of Marble in Slovakia

The Slovak marble granules and powder market fell modestly to $X in 2021, dropping by -2.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.0% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Exports of Granules, Chippings And Powder Of Marble

Exports from Slovakia

In 2021, the amount of granules, chippings and powder of marble exported from Slovakia skyrocketed to X tons, picking up by 130% compared with the previous year's figure. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 146%. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the immediate term.

In value terms, marble granules and powder exports shrank remarkably to $X in 2021. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 747% against the previous year. As a result, the exports attained the peak of $X, and then shrank markedly in the following year.

Exports by Country

The Czech Republic (X tons) was the main destination for marble granules and powder exports from Slovakia, with a 72% share of total exports. Moreover, marble granules and powder exports to the Czech Republic exceeded the volume sent to the second major destination, Poland (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Czech Republic totaled +63.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+144.1% per year) and Hungary (+27.3% per year).

In value terms, the Czech Republic ($X) emerged as the key foreign market for granules, chippings and powder of marble exports from Slovakia, comprising 69% of total exports. The second position in the ranking was taken by Poland ($X), with a 23% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the Czech Republic amounted to +38.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-85.9% per year) and Hungary (+23.7% per year).

Export Prices by Country

The average marble granules and powder export price stood at $X per ton in 2021, reducing by -85.8% against the previous year. Over the period under review, the export price saw a deep slump. The pace of growth was the most pronounced in 2020 when the average export price increased by 243%. As a result, the export price reached the peak level of $X per ton, and then shrank remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to the Czech Republic ($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 Romania (-1.6%), while the prices for the other major destinations experienced a decline.

Imports of Granules, Chippings And Powder Of Marble

Imports into Slovakia

In 2021, marble granules and powder imports into Slovakia reduced modestly to X tons, approximately mirroring the previous year. The total import volume increased at an average annual rate of +3.5% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by 23% against the previous year. Imports peaked at X tons in 2020, and then contracted slightly in the following year.

In value terms, marble granules and powder imports contracted slightly to $X in 2021. The total import value increased at an average annual rate of +2.2% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 24%. Over the period under review, imports reached the maximum at $X in 2013; afterwards, it flattened through to 2021.

Imports by Country

The Czech Republic (X tons), Austria (X tons) and North Macedonia (X tons) were the main suppliers of marble granules and powder imports to Slovakia, with a combined 91% share of total imports. These countries were followed by Greece, Poland, Italy, Hungary and Germany, which together accounted for a further 8.2%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +46.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Austria ($X) and Poland ($X) were the largest marble granules and powder suppliers to Slovakia, together comprising 89% of total imports.

In terms of the main suppliers, Poland, with a CAGR of +54.3%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average marble granules and powder import price amounted to $X per ton, remaining stable against the previous year. Over the period under review, the import price continues to indicate a mild descent. The growth pace was the most rapid in 2016 when the average import price increased by 12%. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Hungary ($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 (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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