Slovakia: Unwrought Aluminium Alloys Market 2021

Unwrought Aluminium Alloys Market Size in Slovakia

The Slovak unwrought aluminium alloys market was estimated at $X in 2020, standing approx. at the previous year. Overall, the total consumption indicated a pronounced expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Unwrought Aluminium Alloys Production in Slovakia

In value terms, unwrought aluminium alloys production declined markedly to $X in 2020 estimated in export prices. Overall, production, however, continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Unwrought Aluminium Alloys Exports

Exports from Slovakia

In 2020, overseas shipments of unwrought aluminium alloys decreased by -X% to X tons for the first time since 2017, thus ending a two-year rising trend. Overall, exports recorded a slight shrinkage. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. As a result, exports reached the peak of X tons. from 2014 to 2020, the growth exports remained at a lower figure.

In value terms, unwrought aluminium alloys exports reduced notably to $X in 2020. Over the period under review, exports showed a noticeable setback. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. As a result, exports reached the peak of $X. from 2014 to 2020, the growth exports remained at a lower figure.

Exports by Country

Hungary (X tons), Poland (X tons) and Italy (X tons) were the main destinations of unwrought aluminium alloys exports from Slovakia, with a combined X% share of total exports. These countries were followed by the Czech Republic, Romania, Austria and Bulgaria, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for unwrought aluminium alloys exported from Slovakia were Hungary ($X), Poland ($X) and Italy ($X), together comprising X% of total exports. These countries were followed by the Czech Republic, Romania, Austria and Bulgaria, which together accounted for a further X recorded the highest rates of growth with regard to the value of exports, among 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 2020, the average unwrought aluminium alloys export price amounted to $X per ton, shrinking by -X% against the previous year. Overall, the export price recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2010 an increase of X% against the previous year. Over the period under review, average export prices hit record highs at $X per ton in 2011; however, from 2012 to 2020, export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2020, the countries with the highest prices were Austria ($X per ton) and Italy ($X per ton), while the average price for exports to the Czech Republic ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Romania, while the prices for the other major destinations experienced a decline.

Unwrought Aluminium Alloys Imports

Imports into Slovakia

In 2020, purchases abroad of unwrought aluminium alloys decreased by -X% to X tons, falling for the second year in a row after six years of growth. Overall, imports, however, saw tangible growth. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, unwrought aluminium alloys imports contracted dramatically to $X in 2020. In general, imports, however, showed slight growth. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

Poland (X tons), the Czech Republic (X tons) and Romania (X tons) were the main suppliers of unwrought aluminium alloys imports to Slovakia, with a combined X% share of total imports. Italy, the United Arab Emirates, Hungary, Germany, Norway, the Netherlands, Serbia, Latvia, Austria and Ukraine lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Norway (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest unwrought aluminium alloys suppliers to Slovakia were Poland ($X), the Czech Republic ($X) and Romania ($X), together comprising X% of total imports. These countries were followed by the United Arab Emirates, Italy, Germany, Norway, Hungary, the Netherlands, Serbia, Latvia, Austria and Ukraine, which together accounted for a further X the main suppliers, Norway (+X% per year) saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average unwrought aluminium alloys import price stood at $X per ton in 2020, shrinking by -X% against the previous year. Overall, the import price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. The import price peaked at $X per ton in 2011; however, from 2012 to 2020, import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2020, the highest prices were recorded for prices from Germany ($X per ton) and the Netherlands ($X per ton), while the price for Hungary ($X per ton) and Ukraine ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Norway, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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