Bituminous mixtures market in Slovakia

Earlier Report Observations

The market for bituminous mixtures in Slovakia showed significant volatility in physical volume between 2018 and 2024. After a drop to 566 thousand tons in 2019, demand rebounded strongly, reaching a peak of 814 thousand tons in 2022. This growth trend was abruptly interrupted in the latter part of the period, with consumption falling to 755 thousand tons in 2023 and plummeting further to 584 thousand tons in 2024.

In monetary terms, the market value exhibited even greater swings, heavily influenced by price dynamics. Following a stable period around 38 million dollars from 2018 to 2020, the market's value surged to 47.9 million dollars in 2021 and hit a high of 62.2 million dollars in 2022. The subsequent contraction in physical volume drove the market value down to 56.9 million dollars in 2023 and 46.9 million dollars in 2024, erasing the earlier gains.

Production bituminous mixtures in Slovakia

In value, 2017-2020, K $ US

In Slovakia, the output value of bituminous mixtures reached 33 411 thousand US dollars in 2020, marking a 3.9% increase compared to the previous year. The lowest value was recorded in 2019 at 32 169 thousand US dollars, while the peak occurred in 2018 with 35 638 thousand US dollars. The most significant decline was observed in 2019, dropping by 9.7%, whereas the largest increase took place in 2018, rising by 7.7%.

Annual dynamics of production in Slovakia in value, 2017-2020, K $ US

In kind, 2017-2020, K t

Following two years of decline, Slovakia's production volume of bituminous mixtures rebounded in 2020. The country produced 628.5 thousand tonnes, showing a strong 14.0% increase over the previous year. The lowest production level was recorded in 2019 at 551.2 thousand tonnes, which also saw the most substantial decline of 9.9%.

Annual dynamics of production in Slovakia in kind, 2017-2020, K t

Exports bituminous mixtures from Slovakia

Exports in kind, t

Bituminous mixtures exports from Slovakia declined for the third consecutive year in 2020, with shipments totaling 3 206 tonnes, down 28.5% from 2019. Over the period from 2017 to 2020, exports decreased by 36.3%, reflecting a compound annual growth rate of -13.9%.

Annual dynamics of product's exports from Slovakia in kind, 2017-2020, t

From 2017 to 2020, Czechia was the nearly exclusive buyer of bituminous mixtures from Slovakia, accounting for 97.9% of total exports in volume terms.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Slovakia in kind, 2017-2020

Exports in value, K $ US

Cross-border shipments of bituminous mixtures from Slovakia declined for the second consecutive year in 2020, with exports valued at 1 722 thousand US dollars, a 37.2% drop from the previous year. Between 2017 and 2020, exports decreased by 38.3%, equating to an annualized rate of -14.9%. The highest export value was recorded in 2018 at 2 857 thousand US dollars, which also saw the largest increase of 2.4%.

Annual dynamics of product's exports from Slovakia in value, 2017-2020, K $ US

During 2017–2020, Czechia dominated Slovakia's bituminous mixtures exports in value terms, representing 87.9% of total flows, while the remaining share was distributed among various smaller destinations.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Slovakia in value, 2017-2020

Imports bituminous mixtures to Slovakia

Imports in kind, t

After two years of growth, Slovakia's imports of bituminous mixtures declined in 2020, with a total of 17 500 tonnes imported, showing an 8.8% decrease compared to 2019. Over the 2017-2020 period, imports increased by 103%, with a compound annual growth rate of 26.6%. The peak import volume was recorded in 2019 at 19 203 tonnes, and the largest increase occurred in 2018, rising by 64.6%.

Annual dynamics of product's imports to Slovakia in kind, 2017-2020, t

From 2017 to 2020, Czechia and Poland were the primary sources of Slovakia's bituminous mixtures imports in volume terms, with Czechia accounting for 59.2% and Poland for 24.6%, together making up 83.8% of total imports. Other partners contributed the remaining volume.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Slovakia in kind, 2017-2020

Imports in value, K $ US

Following two years of increase, Slovakia's imports of bituminous mixtures in value terms declined in 2020, with imports approximately 6 383 thousand US dollars, down 27.8% from 2019. Over the 2017-2020 period, imports grew by 73.8%, with a compound annual growth rate of 20.2%. The highest import value was recorded in 2019 at 8 846 thousand US dollars, and the largest increase took place in 2018, rising by 55.8%.

Annual dynamics of product's imports to Slovakia in value, 2017-2020, K $ US

Throughout 2017–2020, Poland, Czechia, and Germany were the key partners for Slovakia's bituminous mixtures imports in value terms. Poland accounted for 29.1%, Czechia for 25.6%, and Germany for 14.5%, together representing 69.2% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Slovakia in value, 2017-2020