Non-refractory mortars and concretes market in Slovakia

Earlier Report Observations

The market volume for non-refractory mortars and concretes in Slovakia underwent notable shifts from 2018 to 2023. Starting at 7.3 million tons in 2018, consumption fell sharply to 5.1 million tons in 2020, then partially recovered to 6.1 million tons in 2021. The subsequent years saw a renewed contraction, with volume declining to 5.7 million tons in 2022 and further to 4.7 million tons in 2023. In value terms, the market reached its peak at $290.8 million in 2022, reflecting rising unit prices even as physical consumption fluctuated.

By 2024, the market landscape was influenced by rising construction material prices, which led major industry players to secure material and labor costs in advance. High investment activity in Slovak real estate provided underlying support for construction material demand. Concurrently, a growing emphasis on sustainable and ecological building materials, alongside legislative changes affecting VAT, began to shape product preferences and cost structures.

Production non-refractory mortars and concretes in Slovakia

In value, 2017-2020, M $ US

Slovakia's production of non-refractory mortars and concretes declined for the second year in a row. In 2020, output was valued at 224.6 million US dollars, marking a slight decrease of 2.1% compared to 2019. Over the period from 2017 to 2020, production grew by 6.6%, with an average annual growth rate of 2.2%. The highest value was recorded in 2018 at 242.5 million US dollars, which also saw the largest increase of 15.1%. The most significant decline occurred in 2019, with a drop of 5.4%.

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

In kind, 2017-2020, K t

Slovakia's production volume of non-refractory mortars and concretes fell for the second consecutive year. In 2020, the country produced 5,015 thousand tonnes, reflecting a sharp decrease of 23.4% compared to 2019. Between 2017 and 2020, production declined by 12.6%, equating to an annualized rate of 4.4%. The peak was in 2018 at 7,163 thousand tonnes, which also experienced the largest increase of 24.9%.

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

Exports non-refractory mortars and concretes from Slovakia

Exports in kind, K t

The market exhibited volatility during the observed period. Exports reached their lowest point in 2019 at 9.9 thousand tonnes, with the largest decline of 23.3% recorded that year. In 2020, shipments from Slovakia abroad stood at 18.8 thousand tonnes, showing a steep gain of 90.0% year-over-year, resulting in a 1.9-fold difference between the low in 2019 and the high in 2020.

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

From 2017 to 2020, Austria, Czechia, and Hungary formed the core of Slovakia's exports in kind. Austria accounted for 40.2% of exports, Czechia for 36.3%, and Hungary for 18.2%, together representing 94.7% of total flows.

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

After a two-year decline, Slovakia's exports of non-refractory mortars and concretes increased. In 2020, export volume amounted to 2,698 thousand US dollars, up by 67.6% compared to 2019. Between 2017 and 2020, exports decreased by 2.6%, with an annualized rate of 0.9%. The lowest value was recorded in 2019 at 1,610 thousand US dollars, which also saw the largest decline of 27.4%.

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

From 2017 to 2020, Czechia, Austria, and Hungary were the largest buyers of non-refractory mortars and concretes from Slovakia in value terms. Czechia accounted for 50.3% of exports, Austria for 25.5%, and Hungary for 12.5%, together making up 88.2% of total exports.

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

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

Imports non-refractory mortars and concretes to Slovakia

Imports in kind, K t

After a two-year fall, Slovakia's imports of non-refractory mortars and concretes increased. In 2020, imports reached 151.2 thousand tonnes, showing a rise of 4.6% compared to the previous year. Over the period from 2017 to 2020, imports decreased by 11.6%, with a compound annual growth rate of -4.0%. The lowest value was in 2019 at 144.5 thousand tonnes, while the largest decline occurred in 2018 at 11.5%.

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

From 2017 to 2020, Czechia, Hungary, and Austria consistently remained the main sources for Slovakia's imports in kind. Czechia accounted for 38.3% of imports, Hungary for 34.5%, and Austria for 16.1%, together representing 88.9% of total flows.

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

After a two-year drop, Slovakia's imports of non-refractory mortars and concretes increased. In 2020, the country imported 20,019 thousand US dollars worth of these goods, up by 2.4% compared to 2019. Between 2017 and 2020, imports decreased by 4.3%, equating to an annualized rate of 1.5%. The minimum value was recorded in 2019 at 19,544 thousand US dollars, and the largest decline was in 2018 at 3.9%.

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

Over the period from 2017 to 2020, Czechia, Hungary, and Austria were the primary suppliers of non-refractory mortars and concretes to Slovakia in value terms. Czechia accounted for 36.7% of imports, Hungary for 20.4%, and Austria for 13.2%, jointly making up 70.3% of total imports.

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

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