Report Update Nov 1, 2024

Slovakia - Aromatic Alcohols and Their Derivatives - Market Analysis, Forecast, Size, Trends and Insights

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Slovakia: Aromatic Alcohols Market 2024

Aromatic Alcohols Market Size in Slovakia

After two years of decline, the Slovak aromatic alcohols market increased by 3.5% to $X in 2021. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Aromatic Alcohols Production in Slovakia

In value terms, aromatic alcohols production rose modestly to $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 47%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Aromatic Alcohols Exports

Exports from Slovakia

In 2021, shipments abroad of aromatic alcohols and their derivatives decreased by -39.7% to X tons for the first time since 2017, thus ending a three-year rising trend. Over the period under review, exports showed a deep downturn. The most prominent rate of growth was recorded in 2014 with an increase of 191%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, aromatic alcohols exports shrank rapidly to $X in 2021. In general, exports showed a deep setback. The pace of growth was the most pronounced in 2014 with an increase of 97%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The Czech Republic (X tons) was the main destination for aromatic alcohols exports from Slovakia, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the Czech Republic stood at -7.0%.

In value terms, the Czech Republic ($X) also remains the key foreign market for aromatic alcohols and their derivatives exports from Slovakia.

From 2012 to 2021, the average annual rate of growth in terms of value to the Czech Republic stood at -5.9%.

Export Prices by Country

The average aromatic alcohols export price stood at $X per ton in 2021, with an increase of 4.6% against the previous year. In general, the export price, however, recorded a perceptible curtailment. The pace of growth was the most pronounced in 2013 when the average export price increased by 43% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the Czech Republic.

From 2012 to 2021, the rate of growth in terms of prices for the Czech Republic amounted to +1.2% per year.

Aromatic Alcohols Imports

Imports into Slovakia

In 2021, the amount of aromatic alcohols and their derivatives imported into Slovakia reduced to X tons, which is down by -9.8% compared with 2020 figures. In general, imports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by 253% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, aromatic alcohols imports soared to $X in 2021. Overall, imports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2017 when imports increased by 177%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X tons) and the Czech Republic (X tons) were the main suppliers of aromatic alcohols imports to Slovakia.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +6.6%).

In value terms, the Czech Republic ($X) and Germany ($X) were the largest aromatic alcohols suppliers to Slovakia.

In terms of the main suppliers, the Czech Republic, with a CAGR of +12.3%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The average aromatic alcohols import price stood at $X per ton in 2021, surging by 34% against the previous year. In general, the import price enjoyed prominent growth. The pace of growth was the most pronounced in 2018 when the average import price increased by 259% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Germany stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aromatic alcohols and their derivatives in the world?

The countries with the highest volumes of aromatic alcohols consumption in 2021 were China, the United States and India, with a combined 51% share of global consumption. Russia, Mexico, the UK, Canada, Turkey, Italy, Saudi Arabia, Japan, Brazil and Australia lagged somewhat behind, together accounting for a further 25%.

What are the largest producers of aromatic alcohols and their derivatives in the world?

The countries with the highest volumes of aromatic alcohols production in 2021 were China, Saudi Arabia and India, with a combined 62% share of global production.

What are the leading suppliers of aromatic alcohols and their derivatives to Slovakia?

In value terms, the largest aromatic alcohols suppliers to Slovakia were the Czech Republic, Germany and the UK, together accounting for 81% of total imports.

What are the leading importers of aromatic alcohols and their derivatives from Slovakia?

In value terms, the Czech Republic remains the key foreign market for aromatic alcohols exports from Slovakia.

What is the average export price for aromatic alcohols and their derivatives in Slovakia?

The average aromatic alcohols export price stood at $9,432 per ton in 2021, picking up by 1.5% against the previous year.

What is the average import price for aromatic alcohols and their derivatives in Slovakia?

In 2021, the average aromatic alcohols import price amounted to $8,693 per ton, growing by 29% against the previous year.

This report provides an in-depth analysis of the aromatic alcohols 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 20142375 - Aromatic alcohols and their halogenated, sulphonated, n itrated or nitrosated derivatives

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