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Slovakia - Iron Ores - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSlovakia: Iron Ore Market 2021
Iron Ore Market Size in Slovakia
The Slovak iron ore market totaled $X in 2019, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated modest growth from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Iron ore consumption peaked in 2019 and is expected to retain growth in the immediate term.
Iron Ore Exports
Exports from Slovakia
Iron ore exports from Slovakia skyrocketed to X tons in 2019, picking up by X% compared with the previous year. Overall, exports posted a tangible expansion. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Exports peaked at X tons in 2013; however, from 2014 to 2019, exports remained at a lower figure.
In value terms, iron ore exports skyrocketed to $X in 2019. Over the period under review, exports showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2008 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure at $X in 2012; however, from 2013 to 2019, exports remained at a lower figure.
Exports by Country
Hungary (X tons) and the Czech Republic (X tons) were the main destinations of iron ore exports from Slovakia, together comprising X% of total exports.
From 2007 to 2019, the biggest increases were in Hungary.
In value terms, the Czech Republic ($X) remains the key foreign market for iron ore exports from Slovakia, comprising X% of total exports. The second position in the ranking was occupied by Hungary ($X), with a X% share of total exports.
From 2007 to 2019, the average annual growth rate of value to the Czech Republic totaled -X%.
Export Prices by Country
The average iron ore export price stood at $X per ton in 2019, dropping by -X% against the previous year. Overall, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. As a result, export price reached the peak level of $X per ton. From 2012 to 2019, the growth in terms of the average export prices failed to regain the momentum.
Prices varied noticeably by the country of destination; the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Hungary amounted to $X per ton.
From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic.
Iron Ore Imports
Imports into Slovakia
In 2019, approx. X tons of iron ores were imported into Slovakia; approximately equating 2018 figures. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. Imports peaked in 2019 and are likely to continue growth in years to come.
In value terms, iron ore imports reached $X in 2019. Overall, total imports indicated a measured increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure in 2019 and are likely to see gradual growth in years to come.
Imports by Country
In 2019, Ukraine (X tons) constituted the largest supplier of iron ore to Slovakia, accounting for a X% share of total imports. Moreover, iron ore imports from Ukraine exceeded the figures recorded by the second-largest supplier, Russia (X tons), twofold. The third position in this ranking was occupied by the U.S. (X tons), with a X% share.
From 2007 to 2019, the average annual rate of growth in terms of volume from Ukraine stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-X% per year) and the U.S. (+X% per year).
In value terms, the largest iron ore suppliers to Slovakia were Ukraine ($X), Russia ($X) and the U.S. ($X), together comprising X% of total imports.
The U.S. saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2019, the average iron ore import price amounted to $X per ton, growing by X% against the previous year. In general, import price indicated a temperate expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, iron ore import price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2008 when the average import price increased by X% y-o-y. The import price peaked at $X per ton in 2011; however, from 2012 to 2019, import prices failed to regain the momentum.
Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Russia, while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the iron 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 2025.
Product coverage:
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.
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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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