Slovenia - Artificial Corundum - Market Analysis, Forecast, Size, Trends And Insights
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View PricingArtificial Corundum Price in Slovenia - 2023
Contents:
- Artificial Corundum Price in Slovenia (FOB) - 2023
- Artificial Corundum Price in Slovenia (CIF) - 2023
- Artificial Corundum Exports in Slovenia
- Artificial Corundum Imports in Slovenia
Artificial Corundum Price in Slovenia (FOB) - 2023
The average artificial corundum export price stood at $1,195 per ton in September 2023, waning by -3.2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in December 2022 an increase of 15% against the previous month. Over the period under review, the average export prices reached the maximum at $1,351 per ton in January 2023; however, from February 2023 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Germany ($1,367 per ton), while the average price for exports to Italy ($325 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Artificial Corundum Price in Slovenia (CIF) - 2023
In September 2023, the average artificial corundum import price amounted to $849 per ton, falling by -16.1% against the previous month. Overall, the import price continues to indicate a slight decline. The growth pace was the most rapid in October 2022 an increase of 39% month-to-month. As a result, import price reached the peak level of $1,428 per ton. From November 2022 to September 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($1,567 per ton), while the price for the United States ($432 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Austria (+1.1%), while the prices for the other major suppliers experienced a decline.
Artificial Corundum Exports in Slovenia
In 2022, after three years of growth, there was significant decline in shipments abroad of artificial corundum, when their volume decreased by -11.7% to 37K tons. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +11.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. As a result, the exports attained the peak of 42K tons, and then reduced in the following year.
In value terms, artificial corundum exports expanded rapidly to $41M in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.9% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 36% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
Export of Artificial Corundum in Slovenia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 17.0 | 15.4 | 18.3 | 21.4 | 8.0% |
Italy | 2.1 | 8.0 | 12.5 | 11.9 | 78.3% |
Slovakia | 0.1 | 0.3 | 2.0 | 2.5 | 192.4% |
France | 0.7 | 0.4 | 0.7 | 1.0 | 12.6% |
Germany | 0.5 | 0.4 | 0.7 | 1.0 | 26.0% |
Poland | 0.7 | 0.8 | 0.9 | 0.5 | -10.6% |
Others | 1.4 | 1.8 | 1.8 | 2.3 | 18.0% |
Total | 22.4 | 27.1 | 36.9 | 40.5 | 21.8% |
Top Export Markets for Artificial Corundum from Slovenia in 2022:
- Austria (18.6K tons)
- Italy (12.0K tons)
- Slovakia (2.1K tons)
- Germany (1.3K tons)
- France (0.9K tons)
- Poland (0.3K tons)
Artificial Corundum Imports in Slovenia
In 2022, imports of artificial corundum into Slovenia shrank to 23K tons, falling by -9.8% compared with the year before. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +8.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 46% against the previous year. As a result, imports reached the peak of 25K tons, and then reduced in the following year.
In value terms, artificial corundum imports totaled $26M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 52% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
Import of Artificial Corundum in Slovenia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 8.5 | 7.4 | 11.0 | 10.4 | 7.0% |
Germany | 1.0 | 3.3 | 4.9 | 6.2 | 83.7% |
Austria | 0.8 | 1.2 | 2.0 | 2.3 | 42.2% |
Italy | 1.3 | 0.9 | 1.9 | 1.6 | 7.2% |
Ukraine | 1.1 | 1.4 | 1.9 | 1.2 | 2.9% |
Hungary | 0.7 | 0.5 | 0.7 | 1.0 | 12.6% |
France | 0.6 | 0.4 | 0.8 | 1.0 | 18.6% |
United States | 2.0 | 0.2 | 0.3 | 0.3 | -46.9% |
Russia | 0.6 | 0.7 | 1.1 | 0.2 | -30.7% |
Others | 0.8 | 0.8 | 1.2 | 1.7 | 28.6% |
Total | 17.2 | 16.9 | 25.8 | 26.0 | 14.8% |
Top Suppliers of Artificial Corundum to Slovenia in 2022:
- China (8.5K tons)
- Austria (3.8K tons)
- Germany (3.4K tons)
- Italy (2.6K tons)
- Ukraine (1.1K tons)
- Hungary (0.7K tons)
- France (0.5K tons)
- United States (0.4K tons)
- Russia (0.2K tons)
This report provides an in-depth analysis of the artificial corundum market in Slovenia. 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 23991500 - Artificial corundum (excluding mechanical mixtures)
Country coverage:
- Slovenia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Slovenia
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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