Price for Hydrogen, Rare Gases and Other Non-Metals in Slovakia - 2023
Contents:
- Price for Hydrogen, Rare Gases and Other Non-Metals in Slovakia (CIF) - 2023
- Price for Hydrogen, Rare Gases and Other Non-Metals in Slovakia (FOB) - 2022
- Imports of Hydrogen, Rare Gases and Other Non-Metals in Slovakia
- Exports of Hydrogen, Rare Gases and Other Non-Metals in Slovakia
Price for Hydrogen, Rare Gases and Other Non-Metals in Slovakia (CIF) - 2023
In November 2023, the average import price for hydrogen, rare gases and other non-metalses amounted to $317 per thousand cubic meters, dropping by -4.1% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 39% month-to-month. Over the period under review, average import prices hit record highs at $345 per thousand cubic meters in September 2023; however, from October 2023 to November 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($462 per thousand cubic meters), while the price for Austria ($130 per thousand cubic meters) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Hungary (+7.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Hydrogen, Rare Gases and Other Non-Metals in Slovakia (FOB) - 2022
In 2022, the average export price for hydrogen, rare gases and other non-metalses amounted to $3.4 per cubic meter, rising by 45% against the previous year. In general, the export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2017 an increase of 57%. The export price peaked in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($5.8 per cubic meter), while the average price for exports to Hungary ($1 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hydrogen, Rare Gases and Other Non-Metals in Slovakia
For the fourth year in a row, Slovakia recorded growth in purchases abroad of hydrogen, rare gases and other non-metalses, which increased by 11% to 154M cubic meters in 2022. The total import volume increased at an average annual rate of +7.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of hydrogen, rare gases and other non-metalses fell modestly to $40M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +8.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 53% against the previous year. As a result, imports attained the peak of $41M, and then dropped in the following year.
| Import of Hydrogen, Rare Gases and Other Non-Metals in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 7.4 | 8.8 | 11.7 | 14.5 | 25.1% |
| Poland | 3.4 | 3.8 | 7.7 | 7.7 | 31.3% |
| Hungary | 2.3 | 2.4 | 2.4 | 2.2 | -1.5% |
| Germany | 5.8 | 2.9 | 2.4 | 1.9 | -31.1% |
| Others | 12.4 | 9.1 | 17.0 | 13.4 | 2.6% |
| Total | 31.2 | 26.9 | 41.1 | 39.7 | 8.4% |
Top Suppliers of Hydrogen, Rare Gases and Other Non-Metals to Slovakia in 2022:
- Czech Republic (95.6M cubic meters)
- Poland (52.9M cubic meters)
- Germany (1.0M cubic meters)
- Hungary (0.7M cubic meters)
Exports of Hydrogen, Rare Gases and Other Non-Metals in Slovakia
In 2022, the amount of hydrogen, rare gases and other non-metalses exported from Slovakia soared to 5.7M cubic meters, jumping by 108% compared with the previous year. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 130% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of hydrogen, rare gases and other non-metalses skyrocketed to $19M in 2022. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Hydrogen, Rare Gases and Other Non-Metals in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 239 | N/A | 163 | 5,002 | 175.6% |
| Czech Republic | 789 | 766 | 960 | 3,483 | 64.0% |
| Netherlands | 199 | N/A | 344 | 2,157 | 121.3% |
| Germany | 125 | 33.3 | 511 | 1,910 | 148.1% |
| Austria | 671 | 1,145 | 1,080 | 1,597 | 33.5% |
| Italy | 193 | 80.4 | 61.9 | 1,503 | 98.2% |
| Poland | 23.6 | 251 | 1,108 | 992 | 247.7% |
| Hungary | 314 | 466 | 1,493 | 911 | 42.6% |
| Spain | N/A | N/A | N/A | 870 | 0% |
| Others | 883 | 244 | 754 | 1,051 | 6.0% |
| Total | 3,437 | 2,985 | 6,474 | 19,476 | 78.3% |
Top Export Markets for Hydrogen, Rare Gases and Other Non-Metals from Slovakia in 2022:
- United States (1086.4K cubic meters)
- Hungary (945.1K cubic meters)
- Czech Republic (862.2K cubic meters)
- Italy (548.5K cubic meters)
- Netherlands (541.6K cubic meters)
- Germany (515.5K cubic meters)
- Poland (418.3K cubic meters)
- Austria (273.8K cubic meters)
- Spain (212.2K cubic meters)
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