Slovakia - Cement - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Slovakia - Cement - Market Analysis, Forecast, Size, Trends And Insights

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Cement Price in Slovakia - 2023

Contents:

  1. Cement Price in Slovakia (FOB) - 2023
  2. Cement Price in Slovakia (CIF) - 2023
  3. Cement Exports in Slovakia
  4. Cement Imports in Slovakia

Cement Price in Slovakia (FOB) - 2023

In August 2023, the average cement export price amounted to $118 per ton, remaining stable against the previous month. Over the period under review, export price indicated a tangible expansion from August 2022 to August 2023: its price increased at an average monthly rate of +3.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, cement export price decreased by -2.6% against June 2023 indices. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 46% month-to-month. As a result, the export price attained the peak level of $128 per ton. From January 2023 to August 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In August 2023, the highest price was recorded for prices to Poland ($151 per ton) and the Czech Republic ($141 per ton), while the average price for exports to Hungary ($109 per ton) and Austria ($116 per ton) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Cement Price in Slovakia (CIF) - 2023

The average cement import price stood at $117 per ton in August 2023, dropping by -5.7% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 an increase of 7.6% against the previous month. The import price peaked at $126 per ton in February 2023; however, from March 2023 to August 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the countries with the highest prices were the Czech Republic ($114 per ton) and Hungary ($113 per ton), while the price for Poland ($98.0 per ton) and Ukraine ($110 per ton) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Hungary (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Cement Exports in Slovakia

For the fourth year in a row, Slovakia recorded growth in overseas shipments of cement, which increased by 2.3% to 2.4M tons in 2022. The total export volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 6.9%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, cement exports rose remarkably to $209M in 2022. The total export value increased at an average annual rate of +12.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.

Export of Cement in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary76.483.491.010611.5%
Austria26.835.749.539.613.9%
Czech Republic21.924.528.630.611.8%
Poland16.116.417.417.22.2%
Others6.37.28.216.036.4%
Total14716719520912.4%

Top Export Markets for Cement from Slovakia in 2022:

  1. Hungary (1399.8K tons)
  2. Austria (432.3K tons)
  3. Czech Republic (276.6K tons)
  4. Poland (161.4K tons)

Cement Imports in Slovakia

Cement imports into Slovakia fell rapidly to 267K tons in 2022, with a decrease of -44.8% against the previous year. Over the period under review, imports showed a precipitous slump. The growth pace was the most rapid in 2021 with an increase of 9.5%.

In value terms, cement imports reduced markedly to $29M in 2022. Overall, imports faced a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 5.2% against the previous year.

Import of Cement in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic24.021.022.118.6-8.1%
Poland3.73.94.02.3-14.7%
Hungary6.67.38.42.3-29.6%
Ukraine0.91.41.60.8-3.9%
Others11.78.78.44.6-26.7%
Total46.942.244.428.6-15.2%

Top Suppliers of Cement to Slovakia in 2022:

  1. Czech Republic (171.6K tons)
  2. Hungary (28.3K tons)
  3. Poland (20.9K tons)
  4. Ukraine (9.4K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cement market in Slovakia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 23511210 - Portland cement
  • Prodcom 23511290 - Other hydraulic cements

Country coverage:

  • Slovakia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Slovakia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Cement - Slovakia