Price for Carbides, Whether or Not Chemically Defined in Slovakia - 2023

Contents:

  1. Price for Carbides, Whether or Not Chemically Defined in Slovakia (FOB) - 2023
  2. Price for Carbides, Whether or Not Chemically Defined in Slovakia (CIF) - 2022
  3. Exports of Carbides, Whether or Not Chemically Defined in Slovakia
  4. Imports of Carbides, Whether or Not Chemically Defined in Slovakia

Price for Carbides, Whether or Not Chemically Defined in Slovakia (FOB) - 2023

The average export price for carbides, whether or not chemically defineds stood at $1,155 per ton in October 2023, shrinking by -11.2% against the previous month. Over the period under review, the export price continues to indicate a perceptible slump. The growth pace was the most rapid in January 2023 when the average export price increased by 31% m-o-m. Over the period under review, the average export prices hit record highs at $2,113 per ton in October 2022; however, from November 2022 to October 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Australia ($1,596 per ton), while the average price for exports to the United States ($715 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (0.0%), while the prices for the other major destinations experienced a decline.

Price for Carbides, Whether or Not Chemically Defined in Slovakia (CIF) - 2022

The average import price for carbides, whether or not chemically defineds stood at $2,531 per ton in 2022, picking up by 45% against the previous year. Over the period under review, the import price, however, recorded a abrupt contraction. The pace of growth appeared the most rapid in 2016 when the average import price increased by 61% against the previous year. Over the period under review, average import prices hit record highs at $4,248 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($18,678 per ton), while the price for the Czech Republic ($791 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Carbides, Whether or Not Chemically Defined in Slovakia

In 2022, exports of carbides, whether or not chemically defineds from Slovakia surged to 65K tons, growing by 21% on the previous year's figure. Overall, exports, however, continue to indicate a abrupt setback.

In value terms, exports of carbides, whether or not chemically defineds surged to $80M in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Carbides, Whether or Not Chemically Defined in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland8.57.410.020.935.0%
Italy2.21.81.311.071.0%
Czech Republic4.13.63.56.818.4%
Germany1.72.32.95.951.4%
South Africa2.31.32.34.827.8%
Turkey1.21.93.94.353.0%
Australia1.21.63.64.049.4%
Hungary1.61.61.62.312.9%
Romania1.81.71.22.26.9%
United Arab Emirates0.41.13.21.555.4%
Ukraine3.23.04.31.4-24.1%
United States0.20.80.31.386.6%
Russia1.11.01.1N/A0.0%
Others13.811.313.713.6-0.5%
Total43.540.352.880.122.6%

Top Export Markets for Carbides, Whether or Not Chemically Defined from Slovakia in 2022:

  1. Poland (23.0K tons)
  2. Italy (12.6K tons)
  3. Czech Republic (4.3K tons)
  4. Germany (3.1K tons)
  5. Turkey (2.8K tons)
  6. South Africa (2.7K tons)
  7. Australia (1.9K tons)
  8. Romania (1.7K tons)
  9. Hungary (1.5K tons)
  10. United States (1.2K tons)
  11. Ukraine (1.1K tons)
  12. United Arab Emirates (1.0K tons)

Imports of Carbides, Whether or Not Chemically Defined in Slovakia

For the third consecutive year, Slovakia recorded decline in overseas purchases of carbides, whether or not chemically defineds, which decreased by -34.1% to 358 tons in 2022. Overall, imports continue to indicate a deep slump. The smallest decline of -2.9% was in 2020.

In value terms, imports of carbides, whether or not chemically defineds shrank slightly to $906K in 2022. The total import value increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 23% against the previous year. As a result, imports attained the peak of $945K, and then fell in the following year.

Import of Carbides, Whether or Not Chemically Defined in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria5.124.70.1330301.5%
Germany18710777.931218.6%
Luxembourg15214523073.0-21.7%
BelgiumN/AN/AN/A48.20%
Czech Republic22125731041.5-42.7%
PolandN/AN/A10.031.1211.0%
China37.8N/A24.29.4-37.1%
United Kingdom13218118.4N/A-62.7%
Others34.853.227560.620.3%
Total7717699459065.5%

Top Suppliers of Carbides, Whether or Not Chemically Defined to Slovakia in 2022:

  1. Germany (169.7 tons)
  2. Luxembourg (77.3 tons)
  3. Czech Republic (52.4 tons)
  4. Poland (23.1 tons)
  5. Austria (17.7 tons)
  6. Belgium (9.1 tons)
  7. China (5.7 tons)

Source: IndexBox Market Intelligence Platform

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