Slovakia: Market for Prepared Additives For Cements, Mortars Or Concretes 2024

Market Size for Prepared Additives For Cements, Mortars Or Concretes in Slovakia

The Slovak prepared additives for cements market fell sharply to $X in 2022, reducing by -38.8% against the previous year. Over the period under review, consumption continues to indicate a perceptible curtailment. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Prepared Additives For Cements, Mortars Or Concretes in Slovakia

In value terms, prepared additives for cements production declined slightly to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 35%. Prepared additives for cements production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Prepared Additives For Cements, Mortars Or Concretes

Exports from Slovakia

In 2022, overseas shipments of prepared additives for cements, mortars or concretes were finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. In general, exports enjoyed a notable expansion. The most prominent rate of growth was recorded in 2014 with an increase of 96%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, prepared additives for cements exports fell to $X in 2022. Overall, total exports indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +2.0% against 2020 indices. The pace of growth was the most pronounced in 2019 when exports increased by 24% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Austria (X tons), Germany (X tons) and Ukraine (X tons) were the main destinations of prepared additives for cements exports from Slovakia, with a combined 99% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of +70.0%), while the other leaders experienced mixed trend patterns.

In value terms, Austria ($X), Germany ($X) and Ukraine ($X) were the largest markets for prepared additives for cements exported from Slovakia worldwide, together accounting for 98% of total exports.

Austria, with a CAGR of +79.3%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average prepared additives for cements export price amounted to $X per ton, shrinking by -19.1% against the previous year. Overall, the export price showed a slight curtailment. The pace of growth was the most pronounced in 2019 when the average export price increased by 88% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then plummeted in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+35.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Additives For Cements, Mortars Or Concretes

Imports into Slovakia

For the third year in a row, Slovakia recorded decline in overseas purchases of prepared additives for cements, mortars or concretes, which decreased by -13.3% to X tons in 2022. In general, imports, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2013 when imports increased by 99%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, prepared additives for cements imports shrank to $X in 2022. Over the period under review, imports, however, posted a measured expansion. The pace of growth was the most pronounced in 2016 with an increase of 42% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the Czech Republic (X tons) constituted the largest prepared additives for cements supplier to Slovakia, with a 47% share of total imports. Moreover, prepared additives for cements imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Austria (X tons), tenfold. The third position in this ranking was held by Germany (X tons), with a 4.5% share.

From 2012 to 2022, the average annual growth rate of volume from the Czech Republic totaled +30.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+7.9% per year) and Germany (-3.8% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of prepared additives for cements, mortars or concretes to Slovakia, comprising 21% of total imports. The second position in the ranking was held by Austria ($X), with a 9.1% share of total imports. It was followed by South Korea, with an 8.4% share.

From 2012 to 2022, the average annual growth rate of value from the Czech Republic amounted to +17.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+9.6% per year) and South Korea (-7.4% per year).

Import Prices by Country

The average prepared additives for cements import price stood at $X per ton in 2022, surging by 12% against the previous year. Overall, the import price, however, continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2018 an increase of 29% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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