Report Update Apr 1, 2024

Slovakia - Silver Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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Slovakia: Silver Ore Market 2024

Silver Ore Market Size in Slovakia

In 2021, the Slovak silver ore market decreased by -0.2% to $X for the first time since 2017, thus ending a three-year rising trend. Over the period under review, consumption, however, enjoyed a buoyant expansion. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Silver Ore Production in Slovakia

In value terms, silver ore production declined modestly to $X in 2021 estimated in export price. In general, production saw a deep setback. The pace of growth appeared the most rapid in 2019 with an increase of 7.3% against the previous year. Silver ore production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

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Silver Ore Exports

Exports from Slovakia

In 2017, the amount of silver ores and concentrates exported from Slovakia stood at X tons, remaining relatively unchanged against the year before. In general, exports recorded a dramatic downturn. The pace of growth was the most pronounced in 2013 with an increase of 72%. As a result, the exports reached the peak of X tons. From 2014 to 2017, the growth of the exports remained at a lower figure.

In value terms, silver ore exports amounted to $X in 2017. Overall, exports recorded a precipitous curtailment. The smallest decline of -23.7% was in 2013. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2017, the exports remained at a lower figure.

Exports by Country

Italy (X tons) was the main destination for silver ore exports from Slovakia, with a approx. 100% share of total exports.

From 2012 to 2017, the average annual rate of growth in terms of volume to Italy was relatively modest.

From 2012 to 2017, the average annual growth rate of value to Italy was relatively modest.

Export Prices by Country

In 2017, the average silver ore export price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price enjoyed significant growth. The growth pace was the most rapid in 2013 a decrease of -55.6%. The export price peaked in 2017 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2012 to 2017, the rate of growth in terms of prices for Belgium amounted to -55.6% per year.

Silver Ore Imports

Imports into Slovakia

Silver ore imports into Slovakia surged to X kg in 2021, rising by 257% compared with the year before. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 1,350% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, silver ore imports skyrocketed to $X in 2021. Overall, imports posted significant growth. The pace of growth was the most pronounced in 2013 with an increase of 381% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the Czech Republic (X kg) was the main silver ore supplier to Slovakia, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the Czech Republic totaled +54.4%.

In value terms, the Czech Republic ($X) constituted the largest supplier of silver ore to Slovakia.

From 2012 to 2021, the average annual growth rate of value from the Czech Republic totaled +39.9%.

Import Prices by Country

The average silver ore import price stood at $X per ton in 2021, waning by -38.1% against the previous year. Overall, the import price showed a dramatic descent. The most prominent rate of growth was recorded in 2018 an increase of 55%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the Czech Republic.

From 2012 to 2021, the rate of growth in terms of prices for the Czech Republic amounted to -9.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for silver ores and concentrates in the world?

China remains the largest silver ore consuming country worldwide, comprising approx. 83% of total volume. It was followed by Russia, with a 2.7% share of total consumption.

What are the largest producers of silver ores and concentrates in the world?

The countries with the highest volumes of production in 2021 were Peru, Mexico and Argentina, together comprising 80% of global production. These countries were followed by Russia, South Africa, Bolivia and the Netherlands, which together accounted for a further 14%.

What are the leading suppliers of silver ores and concentrates to Slovakia?

In value terms, the Czech Republic constituted the largest supplier of silver ore to Slovakia.

What is the average export price for silver ores and concentrates in Slovakia?

The average silver ore export price stood at $152,588 per ton in 2017, remaining constant against the previous year.

What is the average import price for silver ores and concentrates in Slovakia?

In 2021, the average silver ore import price amounted to $70,900 per ton, shrinking by -38.1% against the previous year.

This report provides an in-depth analysis of the silver ore market in Slovakia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 07291410 -

Country coverage:

Slovakia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Slovakia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023