Slovakia: Chromates Market 2022

Chromates Market Size in Slovakia

The Slovak chromates market contracted markedly to $X in 2021, declining by -X% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Chromates consumption peaked at $X in 2020, and then contracted remarkably in the following year.

Chromates Production in Slovakia

In value terms, chromates production rose markedly to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Chromates Exports

Exports from Slovakia

In 2021, shipments abroad of chromates, dichromates and peroxochromates decreased by X% to less than X kg, falling for the second consecutive year after four years of growth. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, chromates exports totaled less than $X in 2021. In general, exports showed significant growth. The growth pace was the most rapid in 2018 when exports increased by X%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

India (X tons) was the main destination for chromates exports from Slovakia, with a X% share of total exports. It was followed by the Czech Republic (X kg), with a X% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of volume to India stood at +X%.

In value terms, India ($X) remains the key foreign market for chromates exports from Slovakia, comprising X% of total exports. The second position in the ranking was occupied by the Czech Republic ($X), with a X% share of total exports.

From 2012 to 2019, the average annual growth rate of value to India totaled +X%.

Export Prices by Country

In 2019, the average chromates export price amounted to $X per ton, waning by -X% against the previous year. Over the period under review, the export price continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2019, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to India amounted to $X per ton.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+X%).

Chromates Imports

Imports into Slovakia

In 2021, approx. X tons of chromates, dichromates and peroxochromates were imported into Slovakia; declining by -X% against 2020. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at X tons in 2020, and then reduced sharply in the following year.

In value terms, chromates imports reduced remarkably to $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) was the main supplier of chromates to Slovakia, accounting for a X% share of total imports. It was followed by Russia (X kg), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +X%.

In value terms, Germany ($X) constituted the largest supplier of chromates to Slovakia, comprising X% of total imports. The second position in the ranking was occupied by Russia ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +X%.

Import Prices by Country

In 2021, the average chromates import price amounted to $X per ton, remaining constant against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 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 Russia ($X per ton), while the price for Germany stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-X%).

Source: IndexBox Platform