Slovakia: Ferro-Silico-Manganese Market 2024

Ferro-Silico-Manganese Market Size in Slovakia

The Slovak ferro-silico-manganese market surged to $X in 2022, jumping by X% against the previous year. Overall, consumption enjoyed a resilient increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Ferro-Silico-Manganese Production in Slovakia

In value terms, ferro-silico-manganese production reduced to $X in 2022 estimated in export price. Over the period under review, production saw a noticeable descent. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Ferro-silico-manganese production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Ferro-Silico-Manganese Exports

Exports from Slovakia

Ferro-silico-manganese exports from Slovakia reduced notably to X tons in 2022, declining by X% on 2021. Over the period under review, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, ferro-silico-manganese exports contracted markedly to $X in 2022. Overall, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then shrank notably in the following year.

Exports by Country

The Czech Republic (X tons) was the main destination for ferro-silico-manganese exports from Slovakia, accounting for a X% share of total exports. Moreover, ferro-silico-manganese exports to the Czech Republic exceeded the volume sent to the second major destination, Austria (X tons), threefold. Poland (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Czech Republic amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Poland (X% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for ferro-silico-manganese exports from Slovakia, comprising X% of total exports. The second position in the ranking was held by Austria ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Czech Republic stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Poland (X% per year).

Export Prices by Country

The average ferro-silico-manganese export price stood at $X per ton in 2022, growing by X% against the previous year. Overall, export price indicated noticeable growth from 2012 to 2022: its price 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, ferro-silico-manganese export price increased by X% against 2020 indices. The growth pace was the most rapid in 2017 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Austria ($X per ton) and Poland ($X per ton), while the average price for exports to Germany ($X per ton) and the Czech Republic ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ferro-Silico-Manganese Imports

Imports into Slovakia

In 2022, supplies from abroad of ferro-silico-manganese was finally on the rise to reach X tons after three years of decline. Overall, imports saw a prominent expansion. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, ferro-silico-manganese imports skyrocketed to $X in 2022. Over the period under review, imports showed modest growth. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Kazakhstan (X tons), the Netherlands (X tons) and Poland (X tons) were the main suppliers of ferro-silico-manganese imports to Slovakia, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ferro-silico-manganese suppliers to Slovakia were Kazakhstan ($X), the Netherlands ($X) and Poland ($X), with a combined X% share of total imports.

Among the main suppliers, the Netherlands, with a CAGR of X%, saw 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

The average ferro-silico-manganese import price stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the import price saw a abrupt contraction. The pace of growth was the most pronounced in 2017 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Czech Republic ($X per ton) and Spain ($X per ton), while the price for Kazakhstan ($X per ton) and Belgium ($X per ton) were 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