Slovakia: Enamels And Glazes Market 2024

Enamels And Glazes Market Size in Slovakia

The Slovak enamels and glazes market reduced modestly to $X in 2021, falling by -1.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Enamels And Glazes Exports

Exports from Slovakia

In 2021, shipments abroad of vitrifiable enamels and glazes for ceramics, enamelling or glass decreased by -49.7% to X kg, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a dramatic curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by 121%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, enamels and glazes exports dropped rapidly to $X in 2021. Over the period under review, exports faced a deep setback. The pace of growth appeared the most rapid in 2019 when exports increased by 97%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The Czech Republic (X kg) was the main destination for enamels and glazes exports from Slovakia, accounting for a 73% share of total exports. Moreover, enamels and glazes exports to the Czech Republic exceeded the volume sent to the second major destination, Germany (X kg), threefold. Poland (X kg) ranked third in terms of total exports with a 1.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Czech Republic totaled -5.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+35.0% per year) and Poland (-40.6% per year).

In value terms, the Czech Republic ($X), Germany ($X) and Poland ($X) were the largest markets for enamels and glazes exported from Slovakia worldwide, together accounting for 96% of total exports.

Among the main countries of destination, Germany, with a CAGR of +24.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average enamels and glazes export price stood at $X per ton in 2021, growing by 8.3% against the previous year. Overall, the export price posted a strong increase. The growth pace was the most rapid in 2015 when the average export price increased by 86% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the Czech Republic ($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 (+35.3%), while the prices for the other major destinations experienced more modest paces of growth.

Enamels And Glazes Imports

Imports into Slovakia

In 2021, approx. X tons of vitrifiable enamels and glazes for ceramics, enamelling or glass were imported into Slovakia; falling by -6.7% on 2020. Over the period under review, imports showed a slight decline. The pace of growth was the most pronounced in 2017 with an increase of 52% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, enamels and glazes imports expanded rapidly to $X in 2021. Overall, total imports indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -15.7% against 2018 indices. The pace of growth appeared the most rapid in 2017 with an increase of 48% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest enamels and glazes supplier to Slovakia, with a 81% share of total imports. Moreover, enamels and glazes imports from Germany exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), ninefold. The third position in this ranking was taken by Belgium (X tons), with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +41.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (-20.1% per year) and Belgium (+106.4% per year).

In value terms, Germany ($X) constituted the largest supplier of vitrifiable enamels and glazes for ceramics, enamelling or glass to Slovakia, comprising 63% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 22% share of total imports. It was followed by Belgium, with a 7.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +22.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (-8.9% per year) and Belgium (+132.8% per year).

Import Prices by Country

The average enamels and glazes import price stood at $X per ton in 2021, increasing by 13% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.5%. The pace of growth appeared the most rapid in 2020 an increase of 23%. The import price peaked in 2021 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+30.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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