Mobile Menu

Precious & Non-Ferrous Metal Manufacturing in Slovakia - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

SK-C242 August 2024 Factsheet

Revenue

€730.6m

2019-2024 3.3 %
2024-2029 X.X %

Employees

2,148

2019-2024 0.7 %
2024-2029 X.X %

Businesses

16

2019-2024 3.4 %
2024-2029 X.X %

Wages

€XX.Xm

2019-2024 X.X %
2024-2029 X.X %

Precious & Non-Ferrous Metal Manufacturing in Slovakia market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

Access the 5-year outlook with purchase. View purchase options

National industry coverage with a European twist

  • Market estimates from 2014-2029
  • Data-rich reports comparing industry performance, threats, opportunities and country rankings
  • PDF report or online database with Word, Excel and PowerPoint export options
  • 100% money back guarantee
Purchase options Download sample

About Factsheets

Industry Statistics and Rankings

How does this industry perform in Slovakia compared to Europe?

Country Benchmarking

Industry Data Slovakia

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#22 In Europe
Business
#25 In Europe
Employees
#22 In Europe
Wages
#24 In Europe

View industry report for Europe

Europe's Precious and Non-Ferrous Metal Manufacturing industry has had a volatile run recently, heavily impacted by fluctuating metal prices and the far-reaching effects of COVID-19. A significant presence scattered across the continent, including Germany, France, Italy, and Eastern Europe, ensures a highly competitive market. However, it's also laden with challenges due to growing imports from cost-effective Asian countries, primarily China. The high volatility in metal prices, coupled with a drop in demand from various sectors during COVID-19 and recent inflationary pressures, have weighed on industry revenue. Revenue is projected to contract at a compound annual rate of 6.5% to €210 billion over the five years through 2024.

Unlock more insights on Slovakia and the most comparable countries in Europe with purchase. View purchase options.

Enterprises
Number of businesses in 2024

Biggest companies in the Precious & Non-Ferrous Metal Manufacturing in Slovakia

Company
Market Share (%)
2024
Revenue (€m)
2024
Profit (€m)
2024
Profit Margin (%)
2024
Norsk Hydro ASA
18,533.7
875.5
4.7
Constellium SE
7,130.4
341.4
4.8

Access statistics and analysis on all 2 companies with purchase. View purchase options.

Top Questions Answered in this Report

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Precious & Non-Ferrous Metal Manufacturing industry in Slovakia in 2024?

The market size of the Precious & Non-Ferrous Metal Manufacturing industry in Slovakia is €730.6m in 2024.

How many businesses are there in the Precious & Non-Ferrous Metal Manufacturing in Slovakia industry in 2024?

There are 16 businesses in the Precious & Non-Ferrous Metal Manufacturing industry in Slovakia, which has declined at a CAGR of 3.4 % between 2019 and 2024.

Has the Precious & Non-Ferrous Metal Manufacturing industry in Slovakia grown or declined over the past 5 years?

The market size of the Precious & Non-Ferrous Metal Manufacturing industry in Slovakia has been declining at a CAGR of 3.3 % between 2019 and 2024.

What is the forecast growth of the Precious & Non-Ferrous Metal Manufacturing industry in Slovakia over the next 5 years?

Over the next five years, the Precious & Non-Ferrous Metal Manufacturing industry in Slovakia is expected to grow.

What are the biggest companies in the Precious & Non-Ferrous Metal Manufacturing market in Slovakia?

The biggest companies operating in the Precious & Non-Ferrous Metal Manufacturing market in Slovakia are Norsk Hydro ASA and Constellium SE

What does the Precious & Non-Ferrous Metal Manufacturing in Slovakia include?

Aluminium and Precious metals are part of the Precious & Non-Ferrous Metal Manufacturing industry.

Which companies have the highest market share in the Precious & Non-Ferrous Metal Manufacturing in Slovakia?

The company holding the most market share in Slovakia is Norsk Hydro ASA.

How competitive is the Precious & Non-Ferrous Metal Manufacturing industry in Slovakia?

The level of competition is moderate and steady in the Precious & Non-Ferrous Metal Manufacturing industry in Slovakia.

Related Industries

This industry is covered in 37 countries

Explore full Europe Collection

Unlock Holistic European coverage

Members get access to 450+ industries across Europe, including comparative data for 37 countries.

View purchase options

Or contact us for multi-user and corporate license options

Table of Contents

About this industry

Industry definition

This industry includes the production of metals like aluminium, gold, silver, platinum and copper. The manufacturing of lead, zinc and tin and other non-ferrous metals are included. Nuclear fuel processing is also part of the industry. Production can be carried out either by mining or by recycling scrap.

Related Terms

ALLOYREFININGELECTROLYSISNON-FERROUS METALS

What's included in this industry?

AluminiumPrecious metalsCopperLead, zinc and tinProcessing of nuclear fuelOther non-ferrous metal

Companies

Norsk Hydro ASAConstellium SE

Industry Code

ISIC 2006

242 - Manufacture of basic precious and other non-ferrous metals in Slovakia

View up to 2 companies with purchase. View purchase options.

Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue Growth
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Profit Highlights

Trends
  • Total Profit
  • Profit Margin
  • Profit per Business

Current Performance

Charts
  • Revenue
  • Employees
  • Business
  • Profit
Analysis

What's driving current industry performance in the Precious & Non-Ferrous Metal Manufacturing in Slovakia industry?


Outlook

Analysis

What's driving the Precious & Non-Ferrous Metal Manufacturing in Slovakia industry outlook?


Volatility

Analysis

What influences volatility in the Precious & Non-Ferrous Metal Manufacturing in Slovakia industry?

Charts
  • Industry Volatility vs. Revenue Growth Matrix

Life Cycle

Analysis

What determines the industry life cycle stage in the Precious & Non-Ferrous Metal Manufacturing in Slovakia industry?

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

Key Takeaways

European companies are revolutionising metal alloys using advanced tech. This innovation allows for durable, lightweight materials that fuel greener futures in industries like automotive and aerospace.

View more insights with purchase. View purchase options.

Products and Services

Charts
  • Products and Services Segmentation
Analysis

How are the Precious & Non-Ferrous Metal Manufacturing in Slovakia industry's products and services performing?

Analysis

What are innovations in the Precious & Non-Ferrous Metal Manufacturing in Slovakia industry's products and services?


Major Markets

Charts
  • Major Market Segmentation
Analysis

What influences demand in the Precious & Non-Ferrous Metal Manufacturing in Slovakia industry?


International Trade

Highlights

  • Total Imports into Slovakia
  • Total Exports into Slovakia
Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country
Data Tables

Value and annual change (%) included

  • Number of Imports and Exports by European Country (2024)

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power

Key Takeaways

Market share concentration is driven largely by operational efficiency. Successful manufacturers gain a competitive edge by optimising their refining processes, production methods and waste management, which lowers costs and enhances productivity.

View more insights with purchase. View purchase options.

Supply Chain

Charts

Buyer and supply industries

Geographic Breakdown

Business Locations

Heat maps
  • Share of Total Industry Establishments by Region (2024)
Data Tables
  • Number of Establishments by Region (2024)
Charts
  • Share of Establishments vs. Population of Each Region
Analysis

What regions are businesses in the Precious & Non-Ferrous Metal Manufacturing in Slovakia located?

Companies

Data Tables

Top 2 companies by market share:

  • Market share (2024)
  • Revenue (2024)
  • Profit (2024)
  • Profit margin (2024)

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Manufacturers are provided with some assistance. The European government offers some subsidies and grants, including the European Raw Materials Fund, while trade associations like Eurometaux advocate for favourable regulations.

View more insights with purchase. View purchase options.

External Drivers

Analysis

What demographic and macroeconomic factors impact the Precious & Non-Ferrous Metal Manufacturing in Slovakia industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Metal prices have been rising but so have production costs. Technological advancements boost profitability, yet high raw material prices and the energy crisis weigh on manufacturers' profit.

View more insights with purchase. View purchase options.

Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Precious & Non-Ferrous Metal Manufacturing in Slovakia industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.