Slovakia: Hot-Dipped Metal-Coated Sheet Market 2024

Hot-Dipped Metal-Coated Sheet Market Size in Slovakia

In 2021, the Slovak hot-dipped metal-coated sheet market decreased by -35.7% to $X, falling for the third year in a row after three years of growth. Over the period under review, consumption saw a abrupt descent. The pace of growth appeared the most rapid in 2018 when the market value increased by 7.9%. Hot-dipped metal-coated sheet consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Hot-Dipped Metal-Coated Sheet Production in Slovakia

In value terms, hot-dipped metal-coated sheet production declined significantly to $X in 2021 estimated in export price. In general, production continues to indicate a deep reduction. The pace of growth was the most pronounced in 2018 with an increase of 14%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Hot-Dipped Metal-Coated Sheet Exports

Exports from Slovakia

Hot-dipped metal-coated sheet exports from Slovakia surged to X tons in 2021, rising by 25% on the previous year. The total export volume increased at an average annual rate of +2.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, hot-dipped metal-coated sheet exports surged to $X in 2021. Overall, total exports indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The Czech Republic (X tons), Poland (X tons) and Germany (X tons) were the main destinations of hot-dipped metal-coated sheet exports from Slovakia, together comprising 73% of total exports. These countries were followed by Romania, Hungary, Spain, Slovenia, Ukraine and Turkey, which together accounted for a further 23%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +64.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hot-dipped metal-coated sheet exported from Slovakia were the Czech Republic ($X), Poland ($X) and Germany ($X), with a combined 72% share of total exports. These countries were followed by Romania, Hungary, Spain, Slovenia, Ukraine and Turkey, which together accounted for a further 24%.

Among the main countries of destination, Spain, with a CAGR of +63.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average hot-dipped metal-coated sheet export price stood at $X per ton in 2021, increasing by 42% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.9%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Ukraine ($X per ton), while the average price for exports to Turkey ($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 (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Hot-Dipped Metal-Coated Sheet Imports

Imports into Slovakia

Hot-dipped metal-coated sheet imports into Slovakia surged to X tons in 2021, jumping by 23% compared with 2020. The total import volume increased at an average annual rate of +5.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, hot-dipped metal-coated sheet imports soared to $X in 2021. Over the period under review, total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Slovenia (X tons) and Austria (X tons) were the main suppliers of hot-dipped metal-coated sheet imports to Slovakia, together accounting for 56% of total imports.

From 2012 to 2021, the biggest increases were recorded for Slovenia (with a CAGR of +110.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest hot-dipped metal-coated sheet suppliers to Slovakia were Germany ($X), Slovenia ($X) and Austria ($X), with a combined 51% share of total imports.

Slovenia, with a CAGR of +110.0%, 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 more modest paces of growth.

Import Prices by Country

The average hot-dipped metal-coated sheet import price stood at $X per ton in 2021, surging by 28% against the previous year. Overall, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Hungary ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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