Slovakia: Market for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function 2024

Market Size for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function in Slovakia

In 2022, the Slovak market for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function decreased by -1.6% to $X, falling for the second year in a row after seven years of growth. In general, consumption recorded a abrupt slump. Butanal butanal and acyclic aldehydes consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function in Slovakia

In value terms, butanal butanal and acyclic aldehydes production skyrocketed to $X in 2022 estimated in export price. In general, production, however, saw a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 53,076% against the previous year. Butanal butanal and acyclic aldehydes production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Exports from Slovakia

In 2022, overseas shipments of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function decreased by -98.2% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports faced a significant decline. The most prominent rate of growth was recorded in 2020 when exports increased by 41,744%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, butanal butanal and acyclic aldehydes exports dropped sharply to $X in 2022. In general, exports recorded a significant decline. The most prominent rate of growth was recorded in 2020 when exports increased by 32,106% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for butanal butanal and acyclic aldehydes exports from Slovakia, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to -37.7%.

In value terms, Germany ($X) also remains the key foreign market for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function exports from Slovakia.

From 2012 to 2022, the average annual growth rate of value to Germany totaled -35.5%.

Export Prices by Country

In 2022, the average export price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function amounted to $X per ton, reducing by -7.8% against the previous year. In general, the export price, however, enjoyed a noticeable expansion. The growth pace was the most rapid in 2019 when the average export price increased by 306% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +3.4% per year.

Imports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Imports into Slovakia

Butanal butanal and acyclic aldehydes imports into Slovakia dropped markedly to X tons in 2022, reducing by -20.2% on the year before. Overall, total imports indicated modest growth from 2012 to 2022: its volume increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +16.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 45% against the previous year. As a result, imports reached the peak of X tons, and then shrank rapidly in the following year.

In value terms, butanal butanal and acyclic aldehydes imports shrank dramatically to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 81% against the previous year. As a result, imports reached the peak of $X, and then fell remarkably in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest butanal butanal and acyclic aldehydes supplier to Slovakia, accounting for a 86% share of total imports. Moreover, butanal butanal and acyclic aldehydes imports from Germany exceeded the figures recorded by the second-largest supplier, the United States (X tons), sixfold.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +11.4%.

In value terms, Germany ($X) constituted the largest supplier of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function to Slovakia, comprising 83% of total imports. The second position in the ranking was held by the United States ($X), with a 14% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +10.0%.

Import Prices by Country

The average import price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function stood at $X per ton in 2022, surging by 3.7% against the previous year. Overall, the import price, however, showed a mild curtailment. The growth pace was the most rapid in 2021 when the average import price increased by 25% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Germany totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-1.2%).

Source: IndexBox Platform

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