Report Update Nov 1, 2024

Slovakia - Silver Nitrate - Market Analysis, Forecast, Size, Trends and Insights

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Slovakia: Silver Nitrate Market 2024

Silver Nitrate Market Size in Slovakia

In 2021, after five years of growth, there was decline in the Slovak silver nitrate market, when its value decreased by -4.7% to $X. Over the period under review, consumption recorded a noticeable descent. The most prominent rate of growth was recorded in 2017 when the market value increased by 6.6%. Silver nitrate consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Silver Nitrate Production in Slovakia

In value terms, silver nitrate production fell modestly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2019 when the production volume increased by 10% against the previous year. Silver nitrate production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Silver Nitrate Exports

Exports from Slovakia

In 2021, shipments abroad of silver nitrate increased by 260% to X kg, rising for the second consecutive year after three years of decline. In general, exports, however, showed a deep downturn. The pace of growth appeared the most rapid in 2014 with an increase of 750% against the previous year. Over the period under review, the exports attained the maximum at X kg in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, silver nitrate exports surged to $X in 2021. Overall, exports, however, continue to indicate a sharp downturn. The pace of growth was the most pronounced in 2016 when exports increased by 454%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Hungary (X kg) was the main destination for silver nitrate exports from Slovakia, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Hungary amounted to +3.7%.

In value terms, Hungary ($X) also remains the key foreign market for silver nitrate exports from Slovakia.

From 2012 to 2021, the average annual growth rate of value to Hungary stood at +6.2%.

Export Prices by Country

The average silver nitrate export price stood at $X per kg in 2021, rising by 52% against the previous year. In general, the export price, however, continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when the average export price increased by 97%. The export price peaked at $X per kg in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Hungary.

From 2012 to 2021, the rate of growth in terms of prices for Hungary amounted to +2.5% per year.

Silver Nitrate Imports

Imports into Slovakia

In 2021, imports of silver nitrate into Slovakia shrank dramatically to X kg, dropping by -17.9% against 2020. Over the period under review, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2017 when imports increased by 32%. Over the period under review, imports attained the peak figure at X kg in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, silver nitrate imports dropped markedly to $X in 2021. In general, imports saw a abrupt downturn. The pace of growth appeared the most rapid in 2018 with an increase of 52% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The Czech Republic (X kg), Germany (X kg) and Austria (X kg) were the main suppliers of silver nitrate imports to Slovakia, with a combined 95% share of total imports. The UK lagged somewhat behind, comprising a further 2.7%.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +4.2%), while purchases for the other leaders experienced a decline.

In value terms, the Czech Republic ($X) constituted the largest supplier of silver nitrate to Slovakia, comprising 72% of total imports. The second position in the ranking was taken by Germany ($X), with a 13% share of total imports. It was followed by Austria, with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Czech Republic stood at -6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-14.8% per year) and Austria (-14.0% per year).

Import Prices by Country

In 2021, the average silver nitrate import price amounted to $X per ton, falling by -29.2% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 90%. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for silver nitrate in the world?

The countries with the highest volumes of silver nitrate consumption in 2021 were the Netherlands, Germany and South Africa, with a combined 41% share of global consumption. France, the Czech Republic, Poland, Italy, Spain, Canada, Turkey, Brazil, India and Saudi Arabia lagged somewhat behind, together accounting for a further 46%.

What are the largest producers of silver nitrate in the world?

The countries with the highest volumes of silver nitrate production in 2021 were the UK, Germany and Belgium, together comprising 64% of global production. These countries were followed by South Africa, the United States, France, Italy and Brazil, which together accounted for a further 27%.

What are the leading suppliers of silver nitrate to Slovakia?

In value terms, the Czech Republic constituted the largest supplier of silver nitrate to Slovakia, comprising 72% of total imports. The second position in the ranking was occupied by Germany, with a 13% share of total imports. It was followed by Austria, with a 6.6% share.

What are the leading importers of silver nitrate from Slovakia?

In value terms, Hungary remains the key foreign market for silver nitrate exports from Slovakia.

What is the average export price for silver nitrate in Slovakia?

The average silver nitrate export price stood at $481,870 per ton in 2021, increasing by 19% against the previous year.

What is the average import price for silver nitrate in Slovakia?

The average silver nitrate import price stood at $302,238 per ton in 2021, reducing by -32.2% against the previous year.

This report provides an in-depth analysis of the silver nitrate market in Slovakia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20135183 - Silver nitrate

Country coverage:

Slovakia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Slovakia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023