Slovakia: Bentonite Market 2021

Bentonite Market Size in Slovakia

For the fourth consecutive year, the Slovak bentonite market recorded growth in sales value, which increased by X% to $X in 2019. In general, consumption recorded a remarkable increase. The growth pace was the most rapid in 2014 when the market value increased by X% y-o-y. Over the period under review, the market attained the peak level in 2019 and is likely to continue growth in the near future.

Bentonite Production in Slovakia

In value terms, bentonite production rose remarkably to $X in 2019 estimated in export prices. In general, the total production indicated a strong increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Slovakia production peaked in 2019 and is expected to retain growth in the near future.

Bentonite Exports

Exports from Slovakia

After two years of growth, shipments abroad of bentonite decreased by -X% to X tons in 2019. In general, exports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Slovakia exports peaked at X tons in 2018, and then declined in the following year.

In value terms, bentonite exports fell to $X in 2019. Overall, total exports indicated a perceptible increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Slovakia exports peaked at $X in 2013; however, from 2014 to 2019, exports remained at a lower figure.

Exports by Country

In 2019, India (X tons), distantly followed by the U.S. (X tons), Turkey (X tons), Italy (X tons) and China (X tons) represented the major exporters of bentonite, together comprising X% of total exports. The following exporters - Azerbaijan (X tons), the Czech Republic (X tons), the Netherlands (X tons), Germany (X tons) and Greece (X tons) - together made up X% of total exports.

From 2007 to 2019, the biggest increases were in Greece, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest bentonite supplying countries from Slovakia were the U.S. ($X), Turkey ($X) and India ($X), with a combined X% share of total exports.

Turkey recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The bentonite export price in Slovakia stood at $X per ton in 2019, shrinking by -X% against the previous year. In general, the export price recorded a mild reduction. The pace of growth was the most pronounced in 2009 when the export price increased by X% year-to-year. Over the period under review, export prices hit record highs at $X per ton in 2011; however, from 2012 to 2019, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Turkey, while the other leaders experienced more modest paces of growth.

Bentonite Imports

Imports into Slovakia

After five years of growth, purchases abroad of bentonite decreased by -X% to X tons in 2019. In general, imports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Slovakia imports peaked at X tons in 2018, and then dropped in the following year.

In value terms, bentonite imports fell to $X in 2019. Over the period under review, imports, however, recorded strong growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Slovakia imports peaked at $X in 2018, and then fell in the following year.

Imports by Country

The countries with the highest levels of bentonite imports in 2019 were Germany (X tons), Canada (X tons), Indonesia (X tons), the Netherlands (X tons), Malaysia (X tons), Poland (X tons), Russia (X tons), Saudi Arabia (X tons), Thailand (X tons), the UK (X tons), Japan (X tons) and France (X tons), together finishing at X% of total import. Italy (X tons) held a relatively small share of total imports.

From 2007 to 2019, the biggest increases were in Thailand, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Canada ($X) and the Netherlands ($X) constituted the countries with the highest levels of imports in 2019, together comprising X% of total imports. Japan, Thailand, France, the UK, Indonesia, Saudi Arabia, Poland, Russia, Malaysia and Italy lagged somewhat behind, together comprising a further X recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the bentonite import price in Slovakia amounted to $X per ton, flattening at the previous year. Overall, the import price saw a noticeable descent. The pace of growth was the most pronounced in 2008 an increase of X% year-to-year. As a result, import price attained the peak level of $X per ton. From 2009 to 2019, the growth in terms of the import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Canada, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform