Slovenia: Market for Prepared Additives For Cements, Mortars Or Concretes 2024

Market Size for Prepared Additives For Cements, Mortars Or Concretes in Slovenia

After two years of growth, the Slovene prepared additives for cements market decreased by -0.8% to $X in 2022. In general, consumption recorded a prominent expansion. Prepared additives for cements consumption peaked at $X in 2021, and then reduced slightly in the following year.

Production of Prepared Additives For Cements, Mortars Or Concretes in Slovenia

In value terms, prepared additives for cements production rose significantly to $X in 2022 estimated in export price. Over the period under review, production recorded buoyant growth. The most prominent rate of growth was recorded in 2015 when the production volume increased by 225% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Exports of Prepared Additives For Cements, Mortars Or Concretes

Exports from Slovenia

In 2022, after two years of growth, there was significant decline in shipments abroad of prepared additives for cements, mortars or concretes, when their volume decreased by -58% to X tons. Over the period under review, exports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 121% against the previous year. The exports peaked at X tons in 2021, and then contracted sharply in the following year.

In value terms, prepared additives for cements exports contracted notably to $X in 2022. Overall, exports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2019 when exports increased by 88% against the previous year. The exports peaked at $X in 2021, and then dropped dramatically in the following year.

Exports by Country

Serbia (X tons), Croatia (X tons) and Thailand (X tons) were the main destinations of prepared additives for cements exports from Slovenia, with a combined 63% share of total exports. Bosnia and Herzegovina, Kuwait, Australia, Italy, Romania and Bulgaria lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +39.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Kuwait ($X) and Serbia ($X) were the largest markets for prepared additives for cements exported from Slovenia worldwide, together accounting for 65% of total exports. Australia, Croatia, Bosnia and Herzegovina, Italy, Romania and Bulgaria lagged somewhat behind, together comprising a further 28%.

Italy, with a CAGR of +42.7%, recorded the highest growth rate of 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

The average prepared additives for cements export price stood at $X per ton in 2022, increasing by 23% against the previous year. Over the period under review, the export price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2019 an increase of 117%. The export price peaked in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Bosnia and Herzegovina ($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 Kuwait (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Additives For Cements, Mortars Or Concretes

Imports into Slovenia

In 2022, overseas purchases of prepared additives for cements, mortars or concretes decreased by -41.3% to X tons for the first time since 2017, thus ending a four-year rising trend. In general, imports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2020 with an increase of 207%. Imports peaked at X tons in 2021, and then dropped rapidly in the following year.

In value terms, prepared additives for cements imports shrank significantly to $X in 2022. Over the period under review, imports, however, enjoyed a pronounced expansion. The growth pace was the most rapid in 2020 when imports increased by 210%. Imports peaked at $X in 2021, and then fell significantly in the following year.

Imports by Country

In 2022, Austria (X tons) constituted the largest prepared additives for cements supplier to Slovenia, with a 52% share of total imports. Moreover, prepared additives for cements imports from Austria exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Austria totaled +3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+21.0% per year) and Italy (+4.0% per year).

In value terms, the largest prepared additives for cements suppliers to Slovenia were Germany ($X), Austria ($X) and Italy ($X), together comprising 86% of total imports.

Among the main suppliers, Germany, with a CAGR of +15.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average prepared additives for cements import price stood at $X per ton in 2022, reducing by -17.6% against the previous year. Over the period under review, the import price recorded a noticeable descent. The growth pace was the most rapid in 2017 when the average import price increased by 23% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform