Gold Compounds Price in Slovakia - 2023

Contents:

  1. Gold Compounds Price in Slovakia (CIF) - 2022
  2. Gold Compounds Price in Slovakia (FOB) - 2022
  3. Gold Compounds Imports in Slovakia
  4. Gold Compounds Exports in Slovakia

Gold Compounds Price in Slovakia (CIF) - 2022

The average gold compounds import price stood at $2,151,737 per ton in 2022, rising by 7.4% against the previous year. Overall, the import price saw a pronounced expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 102%. The import price peaked at $3,133,960 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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 the Czech Republic ($2,204,853 per ton), while the price for Germany ($36,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+7.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Gold Compounds Price in Slovakia (FOB) - 2022

In 2022, the average gold compounds export price amounted to $439,921 per ton, falling by -96.6% against the previous year. Overall, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 1,141% against the previous year. As a result, the export price attained the peak level of $13,954 per kg. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($7,626,200 per ton), while the average price for exports to Russia stood at $65,635 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+53.8%), while the prices for the other major destinations experienced a decline.

Gold Compounds Imports in Slovakia

In 2022, gold compounds imports into Slovakia reached 471 kg, rising by 13% against the previous year. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 75%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, gold compounds imports soared to $1M in 2022. Overall, imports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 78% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Gold Compounds in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic4624628281,00829.7%
United States1.94.32.25.038.1%
Others5.90.53.70.9-46.6%
Total4704678341,01329.2%

Top Suppliers of Gold Compounds to Slovakia in 2022:

  1. Czech Republic (457.0 kg)
  2. United States (11.0 kg)

Gold Compounds Exports in Slovakia

Gold compounds exports from Slovakia surged to 101 kg in 2022, jumping by 1,343% against 2021. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, gold compounds exports plummeted to $44K in 2022. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 336%.

Export of Gold Compounds in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary18.549.930.138.127.2%
RussiaN/AN/A0.36.32000.0%
SloveniaN/A30.920.6N/A-33.3%
OthersN/AN/A40.3N/A0%
Total18.580.891.344.433.9%

Top Export Markets for Gold Compounds from Slovakia in 2022:

  1. Russia (96.0 kg)
  2. Hungary (5.0 kg)

Source: IndexBox Market Intelligence Platform

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