Slovakia - Sodium Nitrate - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Slovakia - Sodium Nitrate - Market Analysis, Forecast, Size, Trends And Insights

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Sodium Nitrate Price in Slovakia - 2023

Contents:

  1. Sodium Nitrate Price in Slovakia (CIF) - 2022
  2. Sodium Nitrate Price in Slovakia (FOB) - 2022
  3. Sodium Nitrate Imports in Slovakia
  4. Sodium Nitrate Exports in Slovakia

Sodium Nitrate Price in Slovakia (CIF) - 2022

The average sodium nitrate import price stood at $726 per ton in 2022, picking up by 55% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Hungary ($1,508 per ton), while the price for Poland ($533 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+1.7%), while the prices for the other major suppliers experienced a decline.

Sodium Nitrate Price in Slovakia (FOB) - 2022

The average sodium nitrate export price stood at $787 per ton in 2022, approximately mirroring the previous year. Over the period under review, the export price recorded a pronounced increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 75%. Over the period under review, the average export prices hit record highs at $1,057 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($7,000 per ton), while the average price for exports to Ethiopia ($738 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+28.6%).

Sodium Nitrate Imports in Slovakia

Sodium nitrate imports into Slovakia declined rapidly to 147 tons in 2022, dropping by -28.1% against the previous year's figure. Over the period under review, imports faced a precipitous decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 100% against the previous year.

In value terms, sodium nitrate imports rose notably to $107K in 2022. In general, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 56% against the previous year.

Import of Sodium Nitrate in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic13947.527.043.1-32.3%
Poland3.15.342.728.4109.2%
Germany41.1N/AN/A20.2-21.1%
Hungary2.88.513.815.275.7%
Others2.8N/A12.3N/A109.6%
Total18961.495.8107-17.3%

Top Suppliers of Sodium Nitrate to Slovakia in 2022:

  1. Czech Republic (62.2 tons)
  2. Poland (53.2 tons)
  3. Germany (21.6 tons)
  4. Hungary (10.1 tons)

Sodium Nitrate Exports in Slovakia

In 2022, approx. 4.1 tons of sodium nitrate were exported from Slovakia; approximately mirroring 2021 figures. Overall, exports continue to indicate a dramatic contraction. The smallest decline of -99% was in 2020.

In value terms, sodium nitrate exports amounted to $3.2K in 2022. Over the period under review, exports saw a precipitous slump. The smallest decline of -98.2% was in 2020.

Export of Sodium Nitrate in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
EthiopiaN/AN/AN/A2.50%
RomaniaN/AN/AN/A0.80%
Hungary284N/AN/AN/A0%
Czech Republic83.55.8N/AN/A-93.1%
OthersN/A0.7N/AN/A0%
Total3676.5N/A3.2-79.4%

Top Export Markets for Sodium Nitrate from Slovakia in 2022:

  1. Czech Republic (undefined tons)
  2. Ethiopia (3.3 tons)
  3. Romania (0.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sodium nitrate 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 2030.

Product coverage:

  • FCL 4005 - Sodium nitrate

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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