Slovakia: Non-Rolled Bitumen Products Market 2024

Non-Rolled Bitumen Products Market Size in Slovakia

The Slovak non-rolled bitumen products market soared to $X in 2022, growing by X% against the previous year. Overall, consumption enjoyed temperate growth. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Non-Rolled Bitumen Products Production in Slovakia

In value terms, non-rolled bitumen products production rose rapidly to $X in 2022 estimated in export price. In general, the total production indicated a temperate expansion from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Non-Rolled Bitumen Products Exports

Exports from Slovakia

In 2022, after two years of growth, there was significant decline in shipments abroad of non-rolled bitumen products, when their volume decreased by X% to X tons. In general, exports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, non-rolled bitumen products exports declined remarkably to $X in 2022. Overall, exports, however, enjoyed buoyant growth. The growth pace was the most rapid in 2013 with an increase of X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for non-rolled bitumen products exports from Slovakia, accounting for a X% share of total exports. Moreover, non-rolled bitumen products exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X tons), twofold. Hungary (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, the largest markets for non-rolled bitumen products exported from Slovakia were Germany ($X), the Czech Republic ($X) and Hungary ($X), together accounting for X% of total exports.

In terms of the main countries of destination, Germany, with a CAGR of X%, saw the highest growth rate of 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 non-rolled bitumen products export price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the export price, however, continues to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Austria ($X per ton) was amongst the lowest.

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

Non-Rolled Bitumen Products Imports

Imports into Slovakia

For the fourth consecutive year, Slovakia recorded decline in purchases abroad of non-rolled bitumen products, which decreased by X% to X tons in 2022. Over the period under review, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, non-rolled bitumen products imports contracted notably to $X in 2022. Overall, imports showed a deep reduction. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Lithuania (X tons) constituted the largest non-rolled bitumen products supplier to Slovakia, accounting for a X% share of total imports. Moreover, non-rolled bitumen products imports from Lithuania exceeded the figures recorded by the second-largest supplier, France (X tons), twofold. The third position in this ranking was taken by Poland (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Lithuania totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Poland (X% per year).

In value terms, France ($X) constituted the largest supplier of non-rolled bitumen products to Slovakia, comprising X% of total imports. The second position in the ranking was taken by Lithuania ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (X% per year) and Poland (X% per year).

Import Prices by Country

In 2022, the average non-rolled bitumen products import price amounted to $X per ton, picking up by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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