Slovakia: Market for Sulphates Of Barium Or Aluminium 2024

Market Size for Sulphates Of Barium Or Aluminium in Slovakia

The Slovak barium or aluminium sulphates market amounted to $X in 2022, therefore, remained relatively stable against the previous year. The market value increased at an average annual rate of +1.7% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Sulphates Of Barium Or Aluminium in Slovakia

In value terms, barium or aluminium sulphates production rose significantly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 26%. Barium or aluminium sulphates production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Sulphates Of Barium Or Aluminium

Exports from Slovakia

In 2022, shipments abroad of sulphates of barium or aluminium was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. In general, total exports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when exports increased by 26%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, barium or aluminium sulphates exports expanded sharply to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 31% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

France (X tons), Germany (X tons) and the Czech Republic (X tons) were the main destinations of barium or aluminium sulphates exports from Slovakia, with a combined 92% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +25.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for barium or aluminium sulphates exported from Slovakia were France ($X), Germany ($X) and Spain ($X), together comprising 97% of total exports.

In terms of the main countries of destination, Germany, with a CAGR of +22.3%, 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 more modest paces of growth.

Export Prices by Country

The average barium or aluminium sulphates export price stood at $X per ton in 2022, surging by 5.4% against the previous year. Overall, the export price, however, recorded a abrupt contraction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 11% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+9.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Sulphates Of Barium Or Aluminium

Imports into Slovakia

In 2022, purchases abroad of sulphates of barium or aluminium decreased by -39.4% to X tons, falling for the third year in a row after two years of growth. Overall, imports continue to indicate a slight setback. The most prominent rate of growth was recorded in 2013 with an increase of 57%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, barium or aluminium sulphates imports shrank notably to $X in 2022. Over the period under review, imports showed a abrupt slump. The growth pace was the most rapid in 2014 when imports increased by 31%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Hungary (X tons) constituted the largest barium or aluminium sulphates supplier to Slovakia, accounting for a 68% share of total imports. Moreover, barium or aluminium sulphates imports from Hungary exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. The third position in this ranking was taken by Italy (X tons), with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Hungary was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+5.6% per year) and Italy (-0.0% per year).

In value terms, the largest barium or aluminium sulphates suppliers to Slovakia were Hungary ($X), China ($X) and Italy ($X), together accounting for 87% of total imports.

China, with a CAGR of +8.8%, recorded 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 more modest paces of growth.

Import Prices by Country

In 2022, the average barium or aluminium sulphates import price amounted to $X per ton, with an increase of 29% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt contraction. The growth pace was the most rapid in 2020 an increase of 30% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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