Slovakia: Zinc Oxide Market 2024

Zinc Oxide Market Size in Slovakia

In 2022, the Slovak zinc oxide market decreased by X% to $X, falling for the third consecutive year after five years of growth. Overall, consumption saw a relatively flat trend pattern. Zinc oxide consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Zinc Oxide Production in Slovakia

In value terms, zinc oxide production contracted to $X in 2022 estimated in export price. Overall, production recorded a strong increase. The pace of growth was the most pronounced in 2015 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Zinc Oxide Exports

Exports from Slovakia

In 2022, overseas shipments of zinc oxide and zinc peroxide increased by X% to X tons, rising for the second consecutive year after three years of decline. Overall, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, zinc oxide exports soared to $X in 2022. In general, exports saw resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Exports by Country

The Czech Republic (X tons), Germany (X tons) and Hungary (X tons) were the main destinations of zinc oxide exports from Slovakia, with a combined X% share of total exports.

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

In value terms, the Czech Republic ($X), Germany ($X) and Hungary ($X) constituted the largest markets for zinc oxide exported from Slovakia worldwide, together accounting for X% of total exports.

Among the main countries of destination, Germany, with a CAGR of X%, saw the highest growth rate of 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 zinc oxide export price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc oxide export price increased by X% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Poland ($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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Zinc Oxide Imports

Imports into Slovakia

In 2022, imports of zinc oxide and zinc peroxide into Slovakia fell to X tons, waning by X% on 2021. Overall, imports saw a perceptible setback. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, zinc oxide imports amounted to $X in 2022. In general, imports recorded a slight curtailment. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The Czech Republic (X tons), Germany (X tons) and Austria (X tons) were the main suppliers of zinc oxide imports to Slovakia, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), the Czech Republic ($X) and Austria ($X) constituted the largest zinc oxide suppliers to Slovakia, with a combined X% share of total imports.

Austria, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average zinc oxide import price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc oxide import price increased by X% against 2018 indices. The pace of growth was the most pronounced in 2017 an increase of X%. The import price peaked in 2022 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 Germany ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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