Price for Mineral Substances Not Elsewhere Specified or Included in Slovenia - 2023

Contents:

  1. Price for Mineral Substances Not Elsewhere Specified or Included in Slovenia (CIF) - 2022
  2. Price for Mineral Substances Not Elsewhere Specified or Included in Slovenia (FOB) - 2022
  3. Imports of Mineral Substances Not Elsewhere Specified or Included in Slovenia
  4. Exports of Mineral Substances Not Elsewhere Specified or Included in Slovenia

Price for Mineral Substances Not Elsewhere Specified or Included in Slovenia (CIF) - 2022

The average import price for mineral substances not elsewhere specified or includeds stood at $323 per ton in 2022, jumping by 23% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Belgium ($395 per ton), while the price for Italy ($199 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 (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Mineral Substances Not Elsewhere Specified or Included in Slovenia (FOB) - 2022

The average export price for mineral substances not elsewhere specified or includeds stood at $401 per ton in 2022, almost unchanged from the previous year. Over the period under review, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for mineral substances not elsewhere specified or includeds increased by +48.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 29% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($1,232 per ton), while the average price for exports to Germany ($272 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 Hungary (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mineral Substances Not Elsewhere Specified or Included in Slovenia

In 2022, the amount of mineral substances not elsewhere specified or includeds imported into Slovenia expanded to 26K tons, with an increase of 4.8% against 2021 figures. The total import volume increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of mineral substances not elsewhere specified or includeds surged to $8.4M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.1% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Mineral Substances Not Elsewhere Specified or Included in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zimbabwe2,0151,6901,8522,99014.1%
Germany8651,3631,8081,66024.3%
Italy41155146973721.5%
Netherlands5185213726849.7%
Belgium31752051662525.4%
Austria26643445343217.5%
Czech Republic92.498.019123736.9%
Greece68.649.161.338.9-17.2%
Others8506557609734.6%
Total5,4035,8816,4838,37715.7%

Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Slovenia in 2022:

  1. Zimbabwe (8.3K tons)
  2. Germany (4.6K tons)
  3. Italy (3.7K tons)
  4. Netherlands (1.9K tons)
  5. Austria (1.7K tons)
  6. Belgium (1.6K tons)
  7. Czech Republic (0.9K tons)
  8. Greece (0.2K tons)

Exports of Mineral Substances Not Elsewhere Specified or Included in Slovenia

For the fourth consecutive year, Slovenia recorded growth in overseas shipments of mineral substances not elsewhere specified or includeds, which increased by 3.2% to 2.6K tons in 2022. The total export volume increased at an average annual rate of +9.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 13% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of mineral substances not elsewhere specified or includeds rose slightly to $1M in 2022. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 46% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the immediate term.

Export of Mineral Substances Not Elsewhere Specified or Included in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Croatia51.088.032131884.1%
Iran34.092.991.417873.6%
ChinaN/AN/A72.0176144.4%
Serbia65.366.310581.57.7%
Austria21723821551.9-37.9%
TurkeyN/A28.110.738.817.5%
United StatesN/A1.3N/A38.1441.4%
Germany32.840.036.837.94.9%
Bosnia and Herzegovina39.523.130.734.8-4.1%
Hungary26.551.238.18.2-32.4%
Pakistan16.15.415.26.5-26.1%
Others51.042.348.958.44.6%
Total5346769841,02824.4%

Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Slovenia in 2022:

  1. Croatia (872.2 tons)
  2. China (594.0 tons)
  3. Serbia (206.2 tons)
  4. Austria (150.9 tons)
  5. Iran (144.3 tons)
  6. Germany (139.2 tons)
  7. United States (102.8 tons)
  8. Bosnia and Herzegovina (90.5 tons)
  9. Turkey (70.4 tons)
  10. Hungary (21.9 tons)
  11. Pakistan (19.0 tons)

Source: IndexBox Market Intelligence Platform

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