Slovakia: Market for Zirconium Ores and Concentrates 2024

Market Size for Zirconium Ores and Concentrates in Slovakia

The Slovak zirconium ore and concentrate market shrank dramatically to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption recorded a pronounced decrease. Over the period under review, the market reached the maximum level at $X in 2021, and then contracted markedly in the following year.

Production of Zirconium Ores and Concentrates in Slovakia

In value terms, zirconium ore and concentrate production soared to $X in 2022 estimated in export price. Overall, production recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of X,400%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of Zirconium Ores and Concentrates

Exports from Slovakia

In 2022, approx. X tons of zirconium ores and concentrates were exported from Slovakia; approximately mirroring 2021 figures. Overall, exports saw strong growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, zirconium ore and concentrate exports amounted to $X in 2022. In general, exports posted strong growth. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Poland (X tons), the Czech Republic (X tons) and Croatia (X tons) were the main destinations of zirconium ore and concentrate exports from Slovakia, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Poland ($X) and Croatia ($X) constituted the largest markets for zirconium ore and concentrate exported from Slovakia worldwide, together comprising X% of total exports.

Among the main countries of destination, Croatia, with a CAGR of X%, saw 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

In 2022, the average zirconium ore and concentrate export price amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the export price recorded notable growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the Czech Republic ($X per ton) and Croatia ($X per ton), while the average price for exports to the UK ($X per ton) and Austria ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Zirconium Ores and Concentrates

Imports into Slovakia

In 2022, imports of zirconium ores and concentrates into Slovakia skyrocketed to X tons, rising by X% on the previous year's figure. Overall, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, zirconium ore and concentrate imports soared to $X in 2022. In general, imports posted a moderate increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) was the main zirconium ore and concentrate supplier to Slovakia, with a X% share of total imports. Moreover, zirconium ore and concentrate imports from Germany exceeded the figures recorded by the second-largest supplier, Austria (X tons), ninefold.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled X%.

In value terms, Germany ($X) constituted the largest supplier of zirconium ores and concentrates to Slovakia, comprising X% of total imports. The second position in the ranking was taken by Austria ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at X%.

Import Prices by Country

The average zirconium ore and concentrate import price stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price, however, recorded a abrupt contraction. The growth pace was the most rapid in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Austria stood at $X per ton.

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

Source: IndexBox Platform

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