Cerium Compounds Price in Slovakia - 2023

Cerium Compounds Price in Slovakia (CIF) - 2022

The average cerium compounds import price stood at $48,278 per ton in 2022, with an increase of 38% against the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cerium compounds import price increased by +68.0% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of 73% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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 ($196,154 per ton), while the price for the UK ($25,871 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+43.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Cerium Compounds Price in Slovakia (FOB) - 2022

In 2022, the average cerium compounds export price amounted to $35,733 per ton, declining by -34.2% against the previous year. Overall, the export price recorded a slight setback. Over the period under review, the average export prices hit record highs at $54,333 per ton in 2021, and then fell significantly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($105,000 per ton), while the average price for exports to Italy ($26,250 per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+5.5%).

Cerium Compounds Imports in Slovakia

In 2022, approx. 389 kg of cerium compoundses were imported into Slovakia; increasing by 61% on 2021. Overall, imports enjoyed a measured expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cerium compounds imports skyrocketed to $19K in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cerium Compounds in Slovakia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Kingdom	N/A	2.5	1.3	6.2	57.5%
China	N/A	0.3	N/A	3.9	260.6%
Austria	0.7	0.3	0.7	2.5	52.9%
Germany	N/A	2.8	0.3	0.9	-43.3%
Czech Republic	6.9	1.1	1.7	0.7	-53.4%
India	N/A	N/A	1.8	N/A	0%
United States	2.5	N/A	2.0	N/A	-10.6%
Others	0.7	N/A	0.5	4.4	84.6%
Total	10.8	7.1	8.4	18.8	20.3%

Top Suppliers of Cerium Compounds to Slovakia in 2022:

United Kingdom (241.0 kg)
Czech Republic (25.0 kg)
China (23.0 kg)
Austria (13.0 kg)
Germany (6.0 kg)

Cerium Compounds Exports in Slovakia

In 2022, the amount of cerium compoundses exported from Slovakia soared to 15 kg, with an increase of 400% against 2021. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, cerium compounds exports soared to $536 in 2022. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.