Slovakia: Aluminium Hydroxide Market 2024

Aluminium Hydroxide Market Size in Slovakia

The Slovak aluminium hydroxide market reduced to $X in 2022, approximately equating the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Aluminium Hydroxide Production in Slovakia

In value terms, aluminium hydroxide production shrank to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Aluminium Hydroxide Exports

Exports from Slovakia

For the fourth consecutive year, Slovakia recorded decline in overseas shipments of aluminium hydroxide, which decreased by X% to X kg in 2020. In general, exports faced a significant contraction. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, the exports reached the peak of X tons. From 2017 to 2020, the growth of the exports failed to regain momentum.

In value terms, aluminium hydroxide exports reduced notably to $X in 2020. Over the period under review, exports recorded a sharp slump. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

Japan (X kg) was the main destination for aluminium hydroxide exports from Slovakia, with a approx. X% share of total exports.

From 2012 to 2020, the average annual growth rate of volume to Japan was relatively modest.

In value terms, Japan ($X) emerged as the key foreign market for aluminium hydroxide exports from Slovakia.

From 2012 to 2020, the average annual rate of growth in terms of value to Japan was relatively modest.

Export Prices by Country

The average aluminium hydroxide export price stood at $X per ton in 2020, increasing by X% against the previous year. Over the period under review, the export price showed a significant expansion. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. The export price peaked in 2020 and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Japan.

From 2012 to 2020, the rate of growth in terms of prices for France amounted to X% per year.

Aluminium Hydroxide Imports

Imports into Slovakia

In 2022, the amount of aluminium hydroxide imported into Slovakia reduced modestly to X tons, waning by X% compared with 2021 figures. Overall, total imports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, aluminium hydroxide imports expanded markedly to $X in 2022. In general, total imports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Hungary (X tons) constituted the largest supplier of aluminium hydroxide to Slovakia, accounting for a X% share of total imports. Moreover, aluminium hydroxide imports from Hungary exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), fourfold. The Netherlands (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Hungary stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and the Netherlands (X% per year).

In value terms, the largest aluminium hydroxide suppliers to Slovakia were Hungary ($X), the Czech Republic ($X) and the Netherlands ($X), with a combined X% share of total imports.

In terms of the main suppliers, the Czech Republic, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average aluminium hydroxide import price amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The import price peaked in 2022 and is likely to see steady 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 Germany ($X per ton), while the price for Hungary ($X 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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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