Slovakia: Market for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof 2024

Market Size for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof in Slovakia

In 2022, after two years of growth, there was significant decline in the Slovak market for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof, when its value decreased by -14.8% to $X. In general, the total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -2.4% against 2018 indices. Over the period under review, the market hit record highs at $X in 2021, and then declined in the following year.

Production of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof in Slovakia

In value terms, production of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof reduced modestly to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt setback. The pace of growth was the most pronounced in 2018 when the production volume increased by 41% against the previous year. Production of peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Exports from Slovakia

Exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof from Slovakia declined rapidly to X tons in 2022, dropping by -25.6% against 2021. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 1,067% against the previous year. As a result, the exports attained the peak of X tons, and then shrank rapidly in the following year.

In value terms, exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof dropped sharply to $X in 2022. In general, exports, however, showed a strong increase. The pace of growth appeared the most rapid in 2021 when exports increased by 1,430%. As a result, the exports attained the peak of $X, and then reduced sharply in the following year.

Exports by Country

Belgium (X tons), Spain (X tons) and Switzerland (X tons) were the main destinations of exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof from Slovakia, with a combined 90% share of total exports. The United States, Norway, the Netherlands and the Czech Republic lagged somewhat behind, together comprising a further 8%.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +33.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Spain ($X) and Switzerland ($X) constituted the largest markets for cyclanic, cyclenic or cycloterpenic mono- or polyamines exported from Slovakia worldwide, together accounting for 84% of total exports. The United States, Norway, the Netherlands and the Czech Republic lagged somewhat behind, together accounting for a further 10%.

In terms of the main countries of destination, the Czech Republic, with a CAGR of +52.1%, 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

In 2022, the average export price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof amounted to $X per ton, approximately reflecting the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof increased by +86.1% against 2017 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 31% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Imports into Slovakia

In 2022, after three years of decline, there was significant growth in overseas purchases of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof, when their volume increased by 107% to X tons. Overall, imports recorded modest growth. The most prominent rate of growth was recorded in 2013 when imports increased by 232%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof soared to $X in 2022. In general, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 117% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) was the main supplier of cyclanic, cyclenic or cycloterpenic mono- or polyamines to Slovakia, accounting for a 97% share of total imports. It was followed by the Netherlands (X tons), with a 2.8% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-15.6% per year) and the Czech Republic (-28.6% per year).

In value terms, Germany ($X) constituted the largest supplier of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof to Slovakia, comprising 94% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 4.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +21.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-10.0% per year) and the Czech Republic (-32.8% per year).

Import Prices by Country

In 2022, the average import price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof amounted to $X per ton, falling by -10.5% against the previous year. Overall, the import price, however, showed a prominent increase. The pace of growth was the most pronounced in 2020 an increase of 61% against the previous year. The import price peaked at $X per ton in 2021, and then fell in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+25.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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