Slovakia: Market for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone 2024

Market Size for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in Slovakia

The Slovak market for tiles, flagstones and similar articles of cement, concrete or artificial stone skyrocketed to $X in 2021, rising by 19% against the previous year. Overall, consumption posted prominent growth. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in the immediate term.

Production of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in Slovakia

In value terms, production of tiles, flagstones and similar articles of cement, concrete or artificial stone expanded sharply to $X in 2021 estimated in export price. Overall, production saw prominent growth. The pace of growth was the most pronounced in 2016 with an increase of 46%. Production of peaked in 2021 and is likely to see steady growth in years to come.

Exports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Exports from Slovakia

After two years of growth, shipments abroad of tiles, flagstones and similar articles of cement, concrete or artificial stone decreased by -5.6% to X tons in 2021. Overall, total exports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -2.8% against 2017 indices. The pace of growth appeared the most rapid in 2014 with an increase of 145%. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports of failed to regain momentum.

In value terms, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone expanded to $X in 2021. In general, exports, however, saw prominent growth. The pace of growth appeared the most rapid in 2014 with an increase of 326% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

Austria (X tons), the Czech Republic (X tons) and Hungary (X tons) were the main destinations of exports of tiles, flagstones and similar articles of cement, concrete or artificial stone from Slovakia, together accounting for 95% of total exports.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +22.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for tiles, flagstones and similar articles of cement, concrete or artificial stone exported from Slovakia were the Czech Republic ($X), Austria ($X) and Hungary ($X), together comprising 92% of total exports.

Austria, with a CAGR of +20.5%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for tiles, flagstones and similar articles of cement, concrete or artificial stone amounted to $X per ton, picking up by 11% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 74%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Poland ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+32.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Imports into Slovakia

In 2021, after two years of decline, there was significant growth in overseas purchases of tiles, flagstones and similar articles of cement, concrete or artificial stone, when their volume increased by 33% to X tons. In general, imports continue to indicate a strong increase. The growth pace was the most rapid in 2014 when imports increased by 151% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone skyrocketed to $X in 2021. Overall, imports saw a resilient increase. The growth pace was the most rapid in 2014 with an increase of 143%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

In 2021, the Czech Republic (X tons) constituted the largest tiles, flagstones and similar articles of cement, concrete or artificial stone supplier to Slovakia, accounting for a 54% share of total imports. Moreover, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone from the Czech Republic exceeded the figures recorded by the second-largest supplier, Hungary (X tons), threefold. Poland (X tons) ranked third in terms of total imports with a 17% 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 (-3.4% per year) and Poland (+39.2% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of tiles, flagstones and similar articles of cement, concrete or artificial stone to Slovakia, comprising 56% of total imports. The second position in the ranking was held by Hungary ($X), with a 21% share of total imports. It was followed by Poland, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Czech Republic amounted to +19.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+1.8% per year) and Poland (+29.0% per year).

Import Prices by Country

In 2021, the average import price for tiles, flagstones and similar articles of cement, concrete or artificial stone amounted to $X per ton, shrinking by -4.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.8%. The pace of growth was the most pronounced in 2013 an increase of 37%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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