Slovakia: Base Metal Hook Market 2022

Base Metal Hook Market Size in Slovakia

The Slovak base metal hook market reduced to $X in 2021, with a decrease of -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, enjoyed a prominent increase. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Base Metal Hook Exports

Exports from Slovakia

In 2021, shipments abroad of base metal hooks, eyes and eyelets increased by X% to X tons, rising for the third year in a row after two years of decline. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by X%. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, base metal hook exports soared to $X in 2021. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Ukraine (X tons), Germany (X tons) and Austria (X tons) were the main destinations of base metal hook exports from Slovakia, with a combined X% share of total exports. These countries were followed by Moldova, Hungary, the Czech Republic, Poland, Japan, the Netherlands, Armenia and North Macedonia, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Japan (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X), Germany ($X) and Moldova ($X) constituted the largest markets for base metal hook exported from Slovakia worldwide, together comprising X% of total exports. Austria, Armenia, the Czech Republic, Poland, Hungary, the Netherlands, North Macedonia and Japan lagged somewhat behind, together accounting for a further X terms of the main countries of destination, Armenia, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average base metal hook export price stood at $X per ton in 2021, reducing by -X% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Armenia ($X per ton), while the average price for exports to Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Armenia (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Base Metal Hook Imports

Imports into Slovakia

In 2021, approx. X tons of base metal hooks, eyes and eyelets were imported into Slovakia; waning by -X% on the previous year's figure. Over the period under review, imports, however, recorded a strong increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2020, and then shrank remarkably in the following year.

In value terms, base metal hook imports rose remarkably to $X in 2021. Overall, imports, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Germany (X tons), China (X tons) and Poland (X tons) were the main suppliers of base metal hook imports to Slovakia, together comprising X% of total imports. Hungary, the Czech Republic, the Netherlands and Italy lagged somewhat behind, together comprising a further X 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Hungary ($X) and China ($X) appeared to be the largest base metal hook suppliers to Slovakia, with a combined X% share of total imports. These countries were followed by the Czech Republic, Poland, Italy and the Netherlands, which together accounted for a further X terms of the main suppliers, Poland, with a CAGR of +X%, saw the highest growth rate of 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 2021, the average base metal hook import price amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price, however, saw a pronounced slump. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform