Slovakia: Market for Ready-Mixed Concrete And Factory Made Mortars 2024

Market Size for Ready-Mixed Concrete And Factory Made Mortars in Slovakia

In 2022, the Slovak market for ready-mixed concrete and factory made mortars increased by X% to $X, rising for the second consecutive year after two years of decline. In general, the total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Consumption of peaked in 2022 and is likely to see steady growth in years to come.

Production of Ready-Mixed Concrete And Factory Made Mortars in Slovakia

In value terms, production of ready-mixed concrete and factory made mortars surged to $X in 2022 estimated in export price. Overall, the total production indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Production of peaked in 2022 and is expected to retain growth in years to come.

Exports of Ready-Mixed Concrete And Factory Made Mortars

Exports from Slovakia

In 2022, shipments abroad of ready-mixed concrete and factory made mortars decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by X%. The exports peaked at X tons in 2021, and then dropped dramatically in the following year.

In value terms, exports of ready-mixed concrete and factory made mortars fell rapidly to $X in 2022. Over the period under review, exports saw a deep downturn. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then contracted remarkably in the following year.

Exports by Country

Hungary (X tons), the Czech Republic (X tons) and Austria (X tons) were the main destinations of exports of ready-mixed concrete and factory made mortars from Slovakia, together comprising X% of total exports. Romania, Ukraine and Slovenia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ready-mixed concrete and factory made mortar exported from Slovakia were Hungary ($X), the Czech Republic ($X) and Romania ($X), with a combined X% share of total exports.

Among the main countries of destination, Romania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for ready-mixed concrete and factory made mortars stood at $X per ton in 2022, approximately mirroring the previous year. In general, the export price recorded a abrupt descent. The pace of growth was the most pronounced in 2018 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($X per ton), while the average price for exports to Hungary ($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 Slovenia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Ready-Mixed Concrete And Factory Made Mortars

Imports into Slovakia

In 2022, imports of ready-mixed concrete and factory made mortars into Slovakia rose markedly to X tons, surging by X% compared with the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports of reached the maximum at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, imports of ready-mixed concrete and factory made mortars rose significantly to $X in 2022. Over the period under review, imports, however, continue to indicate a slight decline. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Hungary (X tons) constituted the largest ready-mixed concrete and factory made mortar supplier to Slovakia, accounting for a X% share of total imports. Moreover, imports of ready-mixed concrete and factory made mortars from Hungary exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), twofold. Poland (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Hungary totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Poland (X% per year).

In value terms, the largest ready-mixed concrete and factory made mortar suppliers to Slovakia were the Czech Republic ($X), Hungary ($X) and Poland ($X), with a combined X% share of total imports.

Hungary, with a CAGR of X%, saw the highest rates of growth with regard to 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 2022, the average import price for ready-mixed concrete and factory made mortars amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the import price saw a pronounced descent. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Hungary ($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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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