Slovakia: Market for Gypsum, Anhydrite And Limestone 2024

Market Size for Gypsum, Anhydrite And Limestone in Slovakia

In 2021, the Slovak gypsum, anhydrite and limestone market decreased by -9.9% to $X, falling for the third year in a row after two years of growth. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Production of Gypsum, Anhydrite And Limestone in Slovakia

In value terms, gypsum, anhydrite and limestone production shrank to $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by 36%. Gypsum, anhydrite and limestone production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Gypsum, Anhydrite And Limestone

Exports from Slovakia

In 2021, after five years of decline, there was significant growth in overseas shipments of gypsum, anhydrite and limestone, when their volume increased by 9.8% to X tons. In general, exports, however, recorded a noticeable setback. The pace of growth appeared the most rapid in 2015 when exports increased by 45%. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, gypsum, anhydrite and limestone exports surged to $X in 2021. Over the period under review, exports, however, showed a slight contraction. The most prominent rate of growth was recorded in 2015 when exports increased by 158% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X tons) was the main destination for gypsum, anhydrite and limestone exports from Slovakia, accounting for a 96% share of total exports. It was followed by Hungary (X tons), with a 2.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Czech Republic totaled -2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+862.5% per year) and Ukraine (+64.7% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for gypsum, anhydrite and limestone exports from Slovakia, comprising 83% of total exports. The second position in the ranking was taken by Hungary ($X), with a 12% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the Czech Republic stood at -3.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+721.3% per year) and Ukraine (+79.0% per year).

Export Prices by Country

The average gypsum, anhydrite and limestone export price stood at $X per ton in 2021, picking up by 11% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 91%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, 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 Ukraine ($X per ton), while the average price for exports to the Czech Republic ($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 Ukraine (+8.5%), while the prices for the other major destinations experienced a decline.

Imports of Gypsum, Anhydrite And Limestone

Imports into Slovakia

In 2021, approx. X tons of gypsum, anhydrite and limestone were imported into Slovakia; therefore, remained relatively stable against the previous year's figure. Over the period under review, total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +8.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -10.7% against 2016 indices. The growth pace was the most rapid in 2016 when imports increased by 59%. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, gypsum, anhydrite and limestone imports skyrocketed to $X in 2021. Overall, imports, however, showed a strong increase. The pace of growth appeared the most rapid in 2020 with an increase of 57% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, the Czech Republic (X tons) constituted the largest supplier of gypsum, anhydrite and limestone to Slovakia, with a 74% share of total imports. Moreover, gypsum, anhydrite and limestone imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Poland (X tons), fivefold. Austria (X tons) ranked third in terms of total imports with a 7.4% share.

From 2012 to 2021, the average annual growth rate of volume from the Czech Republic amounted to +7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+44.5% per year) and Austria (+23.4% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of gypsum, anhydrite and limestone to Slovakia, comprising 54% of total imports. The second position in the ranking was held by Hungary ($X), with a 21% share of total imports. It was followed by Austria, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Czech Republic totaled +20.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+8.6% per year) and Austria (+32.6% per year).

Import Prices by Country

In 2021, the average gypsum, anhydrite and limestone import price amounted to $X per ton, growing by 49% against the previous year. Over the period under review, the import price showed pronounced growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 68%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

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 Hungary ($X per ton), while the price for Poland ($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 (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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