Report Update Nov 1, 2024

Slovakia - Acetone - Market Analysis, Forecast, Size, Trends and Insights

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Slovakia: Acetone Market 2024

Acetone Market Size in Slovakia

The Slovak acetone market dropped slightly to $X in 2021, declining by -2.6% against the previous year. Over the period under review, consumption showed a pronounced decline. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Acetone Production in Slovakia

In value terms, acetone production rose rapidly to $X in 2021 estimated in export price. In general, production, however, enjoyed a strong increase. The growth pace was the most rapid in 2018 when the production volume increased by 43%. Over the period under review, production reached the peak level in 2021 and is expected to retain growth in years to come.

Acetone Exports

Exports from Slovakia

In 2021, the amount of acetone exported from Slovakia skyrocketed to X tons, jumping by 69% compared with 2020. Overall, exports posted a moderate expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, acetone exports skyrocketed to $X in 2021. Over the period under review, exports saw mild growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Czech Republic (X tons), Austria (X tons) and Hungary (X tons) were the main destinations of acetone exports from Slovakia, with a combined 89% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +55.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Austria ($X) and Hungary ($X) were the largest markets for acetone exported from Slovakia worldwide, with a combined 91% share of total exports.

In terms of the main countries of destination, Hungary, with a CAGR of +64.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average acetone export price stood at $X per ton in 2021, rising by 33% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable decline. The pace of growth was the most pronounced in 2017 when the average export price increased by 43% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the countries with the highest prices were Hungary ($X per ton) and the Czech Republic ($X per ton), while the average price for exports to Germany ($X per ton) and Austria ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+5.4%), while the prices for the other major destinations experienced mixed trend patterns.

Acetone Imports

Imports into Slovakia

In 2021, supplies from abroad of acetone was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a noticeable decline. The pace of growth appeared the most rapid in 2018 with an increase of 117%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, acetone imports surged to $X in 2021. Overall, imports, however, recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when imports increased by 40%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Poland (X tons), Russia (X tons) and Germany (X tons) were the main suppliers of acetone imports to Slovakia, with a combined 87% share of total imports. Austria, Lithuania, Hungary, the Czech Republic and the Netherlands lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +8.8%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Poland ($X), Russia ($X) and Germany ($X) were the largest acetone suppliers to Slovakia, with a combined 82% share of total imports.

Among the main suppliers, Poland, with a CAGR of +3.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average acetone import price stood at $X per ton in 2021, rising by 27% against the previous year. In general, the import price, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2017 an increase of 68%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for acetone in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 37% of global consumption. Taiwan Chinese), Spain, Germany, Japan, the UK, the Netherlands, Italy, Brazil, Turkey and Russia lagged somewhat behind, together comprising a further 41%.

What are the largest producers of acetone in the world?

The countries with the highest volumes of in 2021 were the United States, Spain and Taiwan Chinese), with a combined 30% share of global production. South Korea, Saudi Arabia, Belgium, India, Thailand, Japan, Singapore, Russia and South Africa lagged somewhat behind, together accounting for a further 52%.

What are the leading suppliers of acetone to Slovakia?

In value terms, Poland, Russia and Germany constituted the largest acetone suppliers to Slovakia, together accounting for 82% of total imports.

What are the leading importers of acetone from Slovakia?

In value terms, the largest markets for acetone exported from Slovakia were the Czech Republic, Austria and Hungary, together comprising 91% of total exports.

What is the average export price for acetone in Slovakia?

In 2021, the average acetone export price amounted to $1,905 per ton, surging by 33% against the previous year.

What is the average import price for acetone in Slovakia?

The average acetone import price stood at $1,130 per ton in 2021, increasing by 24% against the previous year.

This report provides an in-depth analysis of the acetone 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:

Prodcom 20146211 - Acetone

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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