Slovakia: Slaked Lime Market 2024

Slaked Lime Market Size in Slovakia

The Slovak slaked lime market was estimated at $X in 2021, surging by 13% against the previous year. Over the period under review, consumption showed a slight reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Slaked Lime Production in Slovakia

In value terms, slaked lime production surged to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Slaked Lime Exports

Exports from Slovakia

After five years of growth, shipments abroad of slaked lime decreased by -5.5% to X tons in 2021. The total export volume increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by 33% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020, and then declined in the following year.

In value terms, slaked lime exports expanded slightly to $X in 2021. The total export value increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 17% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Poland (X tons) was the main destination for slaked lime exports from Slovakia, with a 60% share of total exports. Moreover, slaked lime exports to Poland exceeded the volume sent to the second major destination, Ukraine (X tons), threefold. The third position in this ranking was taken by the Czech Republic (X tons), with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Poland stood at +6.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+0.4% per year) and the Czech Republic (+23.9% per year).

In value terms, Poland ($X) remains the key foreign market for slaked lime exports from Slovakia, comprising 62% of total exports. The second position in the ranking was held by Ukraine ($X), with an 18% share of total exports. It was followed by the Czech Republic, with a 16% share.

From 2012 to 2021, the average annual growth rate of value to Poland stood at +4.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (-0.7% per year) and the Czech Republic (+9.3% per year).

Export Prices by Country

The average slaked lime export price stood at $X per ton in 2021, rising by 9.2% against the previous year. Over the period under review, the export price, however, recorded a mild slump. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Poland ($X per ton) and Ukraine ($X per ton), while the average price for exports to Hungary ($X per ton) and the Czech Republic ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+0.4%), while the prices for the other major destinations experienced a decline.

Slaked Lime Imports

Imports into Slovakia

In 2021, approx. X tons of slaked lime were imported into Slovakia; waning by -45.7% against the previous year. Overall, imports recorded a abrupt downturn. The pace of growth was the most pronounced in 2020 when imports increased by 76% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, slaked lime imports fell markedly to $X in 2021. In general, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2014 with an increase of 93%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the Czech Republic (X tons) constituted the largest slaked lime supplier to Slovakia, accounting for a 56% share of total imports. Moreover, slaked lime imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Hungary (X tons), fourfold. Austria (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Czech Republic amounted to -18.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (-9.1% per year) and Austria (-18.7% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of slaked lime to Slovakia, comprising 58% of total imports. The second position in the ranking was held by Italy ($X), with a 13% share of total imports. It was followed by Austria, with a 9% share.

From 2012 to 2021, the average annual growth rate of value from the Czech Republic totaled -14.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+6.2% per year) and Austria (-18.9% per year).

Import Prices by Country

In 2021, the average slaked lime import price amounted to $X per ton, growing by 43% against the previous year. Over the period under review, the import price recorded a pronounced increase. The growth pace was the most rapid in 2014 when the average import price increased by 66%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

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 Italy ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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