Slovakia: Market for Acid And Mordant Dyes And Preparations Based Thereon 2024

Market Size for Acid And Mordant Dyes And Preparations Based Thereon in Slovakia

For the third consecutive year, the Slovak acid and mordant dye market recorded decline in sales value, which decreased by -34.8% to $X in 2021. In general, consumption continues to indicate a deep setback. Acid and mordant dye consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Acid And Mordant Dyes And Preparations Based Thereon in Slovakia

In value terms, acid and mordant dye production totaled $X in 2021 estimated in export price. Overall, production recorded a deep downturn. The most prominent rate of growth was recorded in 2015 with an increase of 118%. As a result, production attained the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Exports of Acid And Mordant Dyes And Preparations Based Thereon

Exports from Slovakia

In 2021, shipments abroad of acid and mordant dyes and preparations based thereon decreased by -19.2% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 1,561% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, acid and mordant dye exports dropped to $X in 2021. Over the period under review, exports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2014 when exports increased by 706% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Czech Republic (X tons), Hungary (X tons) and Slovenia (X tons) were the main destinations of acid and mordant dye exports from Slovakia, together comprising 94% of total exports.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +16.8%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for acid and mordant dye exported from Slovakia were the Czech Republic ($X), Slovenia ($X) and Hungary ($X), with a combined 95% share of total exports.

Among the main countries of destination, Hungary, with a CAGR of +13.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average acid and mordant dye export price amounted to $X per ton, growing by 20% against the previous year. Overall, the export price, however, saw a noticeable decrease. The pace of growth was the most pronounced in 2017 an increase of 125%. 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 remained at a lower figure.

Prices varied noticeably by country of destination: among the top suppliers, the country with the highest price was Slovenia ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+0.7%), while the prices for the other major destinations experienced a decline.

Imports of Acid And Mordant Dyes And Preparations Based Thereon

Imports into Slovakia

After two years of growth, purchases abroad of acid and mordant dyes and preparations based thereon decreased by -78.4% to X tons in 2021. Over the period under review, imports recorded a pronounced downturn. The pace of growth appeared the most rapid in 2014 with an increase of 508% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, acid and mordant dye imports declined markedly to $X in 2021. In general, imports saw a noticeable descent. The pace of growth appeared the most rapid in 2014 with an increase of 410%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

France (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of acid and mordant dye imports to Slovakia, together comprising 70% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +103.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest acid and mordant dye suppliers to Slovakia were Germany ($X), France ($X) and Italy ($X), with a combined 68% share of total imports.

France, with a CAGR of +108.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average acid and mordant dye import price stood at $X per ton in 2021, increasing by 58% against the previous year. Over the period under review, the import price, however, continues to indicate a slight contraction. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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