Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Slovakia - 2023

Contents:

1. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Slovakia (CIF) - 2022
2. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Slovakia (FOB) - 2022
3. Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Slovakia
4. Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Slovakia

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Slovakia (CIF) - 2022

The average import price for millstones, grindstones, grinding wheels and the like; of natural stones stood at $0.1 per unit in 2022, with an increase of 20% against the previous year. Overall, the import price, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 118%. Over the period under review, average import prices hit record highs at $0.5 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 Japan ($0.2 per unit), while the price for South Korea (less than $0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Slovakia (FOB) - 2022

The average export price for millstones, grindstones, grinding wheels and the like; of natural stones stood at $1.1 per unit in 2022, increasing by 34% against the previous year. Overall, the export price showed strong growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 208%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($1.2 per unit), while the average price for exports to France ($0.2 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 Italy (+29.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Slovakia

For the third consecutive year, Slovakia recorded decline in overseas purchases of millstones, grindstones, grinding wheels and the like; of natural stones, which decreased by -21.7% to 386K units in 2022. Over the period under review, imports continue to indicate a dramatic setback. Over the period under review, imports of millstones, grindstones, grinding wheels and like; of natural stones attained the maximum at 6.4M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of millstones, grindstones, grinding wheels and the like; of natural stones reduced to $57K in 2022. Overall, imports faced a sharp curtailment. Over the period under review, imports of millstones, grindstones, grinding wheels and like; of natural stones attained the peak figure at $389K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone to Slovakia in 2022:

1. Czech Republic (82.8K units)
2. Germany (65.9K units)
3. Poland (63.2K units)
4. China (59.0K units)
5. Japan (57.4K units)
6. Taiwan (Chinese) (13.6K units)
7. Austria (13.2K units)

Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Slovakia

In 2022, shipments abroad of millstones, grindstones, grinding wheels and the like; of natural stones decreased by -8.2% to 1.3K units, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +7.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 49% against the previous year. As a result, the exports reached the peak of 1.5K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of millstones, grindstones, grinding wheels and the like; of natural stones skyrocketed to $1.4K in 2022. Overall, exports, however, showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 56% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone from Slovakia in 2022:

1. Poland (739.0 units)
2. Czech Republic (332.0 units)
3. Germany (111.0 units)
4. Italy (37.0 units)
5. France (37.0 units)

Source: IndexBox Market Intelligence Platform