Slovakia: Carbides Market 2022

Carbides Market Size in Slovakia

The Slovak carbides market surged to $X in 2021, with an increase of X% against the previous year. Overall, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Carbides Production in Slovakia

In value terms, carbides production rose notably to $X in 2021 estimated in export price. In general, production, however, recorded a mild decrease. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Carbides Exports

Exports from Slovakia

In 2021, approx. X tons of carbides were exported from Slovakia; shrinking by -X% against the previous year. Over the period under review, exports recorded a perceptible descent. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, carbides exports surged to $X in 2021. Overall, exports showed a slight reduction. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X tons), Ukraine (X tons) and the Czech Republic (X tons) were the main destinations of carbides exports from Slovakia, together accounting for X% of total exports. Turkey, Australia, Germany, the United Arab Emirates, South Africa, Hungary, Romania, Russia, Saudi Arabia and Egypt lagged somewhat behind, together comprising a further X 2012 to 2021, the biggest increases were in Australia (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Ukraine ($X) and Turkey ($X) appeared to be the largest markets for carbides exported from Slovakia worldwide, with a combined X% share of total exports. These countries were followed by Australia, the Czech Republic, the United Arab Emirates, Germany, South Africa, Hungary, Saudi Arabia, Egypt, Romania and Russia, which together accounted for a further X the main countries of destination, South Africa, with a CAGR of +X%, saw 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 carbides export price stood at $X per ton in 2021, increasing by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Egypt ($X per ton), while the average price for exports to Ukraine ($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 South Africa (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Carbides Imports

Imports into Slovakia

In 2021, purchases abroad of carbides was finally on the rise to reach X tons after two years of decline. In general, imports saw strong growth. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth imports failed to regain momentum.

In value terms, carbides imports skyrocketed to $X in 2021. Overall, imports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth imports remained at a lower figure.

Imports by Country

In 2021, the Czech Republic (X tons) constituted the largest supplier of carbides to Slovakia, with a X% share of total imports. Moreover, carbides imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. The UK (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Czech Republic totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and the UK (+X% per year).

In value terms, the Czech Republic ($X), the Netherlands ($X) and Germany ($X) constituted the largest carbides suppliers to Slovakia, with a combined X% share of total imports. These countries were followed by the UK, which accounted for a further X UK, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average carbides import price stood at $X per ton in 2021, with an increase of X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform