Slovakia: Cyclic Hydrocarbons Market 2024

Cyclic Hydrocarbons Market Size in Slovakia

The Slovak cyclic hydrocarbons market shrank significantly to $X in 2022, which is down by X% against the previous year. Overall, consumption saw a drastic downturn. Cyclic hydrocarbons consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Cyclic Hydrocarbons Production in Slovakia

In value terms, cyclic hydrocarbons production declined to $X in 2022 estimated in export price. In general, production saw a deep reduction. The growth pace was the most rapid in 2018 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Cyclic Hydrocarbons Exports

Exports from Slovakia

In 2022, the amount of cyclic hydrocarbons exported from Slovakia fell to X tons, waning by X% on the previous year. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons, and then reduced in the following year.

In value terms, cyclic hydrocarbons exports totaled $X in 2022. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for cyclic hydrocarbons exports from Slovakia, accounting for a X% share of total exports. Moreover, cyclic hydrocarbons exports to Germany exceeded the volume sent to the second major destination, Poland (X tons), threefold. The third position in this ranking was taken by Italy (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Italy (X% per year).

In value terms, Germany ($X) remains the key foreign market for cyclic hydrocarbons exports from Slovakia, comprising X% of total exports. The second position in the ranking was taken by Poland ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

The average cyclic hydrocarbons export price stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price, however, showed a slight descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Italy ($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 Romania (X%), while the prices for the other major destinations experienced mixed trend patterns.

Cyclic Hydrocarbons Imports

Imports into Slovakia

In 2022, approx. X tons of cyclic hydrocarbons were imported into Slovakia; with a decrease of X% compared with the year before. Over the period under review, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then reduced remarkably in the following year.

In value terms, cyclic hydrocarbons imports shrank notably to $X in 2022. In general, imports saw a pronounced downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X tons), the Czech Republic (X tons) and the Netherlands (X tons) were the main suppliers of cyclic hydrocarbons imports to Slovakia, with a combined X% share of total imports. Russia and France lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of cyclic hydrocarbons to Slovakia, comprising X% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

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

Import Prices by Country

In 2022, the average cyclic hydrocarbons import price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cyclic hydrocarbons import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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