Slovakia: Mill Rolling Roll Market 2024

Mill Rolling Roll Market Size in Slovakia

In 2022, the Slovak mill rolling roll market was finally on the rise to reach $X after nine years of decline. In general, consumption, however, showed a deep slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Mill Rolling Roll Production in Slovakia

In value terms, mill rolling roll production contracted rapidly to $X in 2022 estimated in export price. Over the period under review, production saw a sharp descent. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. Mill rolling roll production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Mill Rolling Roll Exports

Exports from Slovakia

In 2022, overseas shipments of rolls for rolling mills decreased by X% to X units for the first time since 2017, thus ending a four-year rising trend. In general, exports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2021, and then declined markedly in the following year.

In value terms, mill rolling roll exports contracted notably to $X in 2022. Overall, exports, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then dropped notably in the following year.

Exports by Country

The Czech Republic (X units) was the main destination for mill rolling roll exports from Slovakia, with a X% share of total exports. Moreover, mill rolling roll exports to the Czech Republic exceeded the volume sent to the second major destination, Romania (X units), more than tenfold. Slovenia (X units) 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 totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (X% per year) and Slovenia (X% per year).

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

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

Export Prices by Country

In 2022, the average mill rolling roll export price amounted to $X per unit, declining by X% against the previous year. In general, the export price showed a abrupt setback. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Romania ($X per unit) was amongst the lowest.

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

Mill Rolling Roll Imports

Imports into Slovakia

Mill rolling roll imports into Slovakia soared to X units in 2022, jumping by X% on the previous year. Overall, imports continue to indicate resilient growth. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, mill rolling roll imports skyrocketed to $X in 2022. In general, total imports indicated tangible growth 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, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The Czech Republic (X units), Poland (X units) and Slovenia (X units) were the main suppliers of mill rolling roll imports to Slovakia, together accounting for X% of total imports. Ukraine, Hungary, Austria and the United States lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest mill rolling roll suppliers to Slovakia were the Czech Republic ($X), Poland ($X) and Slovenia ($X), together accounting for X% of total imports. Hungary, Ukraine, Austria and the United States lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Hungary, 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

In 2022, the average mill rolling roll import price amounted to $X per unit, surging by X% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt decrease. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Hungary ($X per unit) and the United States ($X per unit), while the price for Ukraine ($X per unit) and Slovenia ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform