Slovakia: Market for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons 2024

Market Size for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons in Slovakia

In 2022, the Slovak cyclanic, cyclenic hydrocarbons derivatives market decreased by -0.5% to $X for the first time since 2017, thus ending a four-year rising trend. In general, consumption, however, continues to indicate a relatively flat trend pattern. Cyclanic, cyclenic hydrocarbons derivatives consumption peaked at $X in 2021, and then shrank modestly in the following year.

Production of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons in Slovakia

In value terms, cyclanic, cyclenic hydrocarbons derivatives production amounted to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 3.9%. Cyclanic, cyclenic hydrocarbons derivatives production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Exports from Slovakia

After four years of decline, overseas shipments of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons increased by 139% to X kg in 2022. Overall, exports recorded a significant increase. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, cyclanic, cyclenic hydrocarbons derivatives exports surged to $X in 2022. Over the period under review, exports enjoyed a prominent expansion. The pace of growth was the most pronounced in 2017 when exports increased by 91% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The UK (X kg) was the main destination for cyclanic, cyclenic hydrocarbons derivatives exports from Slovakia, accounting for a 91% share of total exports. Moreover, cyclanic, cyclenic hydrocarbons derivatives exports to the UK exceeded the volume sent to the second major destination, Denmark (X kg), more than tenfold. China (X kg) ranked third in terms of total exports with a 2.1% share.

From 2013 to 2022, the average annual growth rate of volume to the UK amounted to -27.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+1,050.0% per year) and China (+58.5% per year).

In value terms, the UK ($X) emerged as the key foreign market for halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons exports from Slovakia, comprising 69% of total exports. The second position in the ranking was held by China ($X), with an 18% share of total exports. It was followed by Taiwan (Chinese), with an 11% share.

From 2013 to 2022, the average annual rate of growth in terms of value to the UK amounted to -12.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+138.1% per year) and Taiwan (Chinese) (-2.0% per year).

Export Prices by Country

The average cyclanic, cyclenic hydrocarbons derivatives export price stood at $X per kg in 2022, declining by -41.4% against the previous year. Overall, the export price saw a dramatic slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 960%. Over the period under review, the average export prices reached the maximum at $X per kg in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per kg), while the average price for exports to Denmark ($X per kg) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+148.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Imports into Slovakia

In 2022, the amount of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons imported into Slovakia soared to X kg, picking up by 945% on the previous year. Overall, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2016 when imports increased by 1,329% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, cyclanic, cyclenic hydrocarbons derivatives imports surged to $X in 2022. Over the period under review, imports enjoyed a significant expansion. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

China (X kg), France (X kg) and Germany (X kg) were the main suppliers of cyclanic, cyclenic hydrocarbons derivatives imports to Slovakia, together accounting for 96% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +56.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons to Slovakia, comprising 56% of total imports. The second position in the ranking was taken by France ($X), with a 27% share of total imports. It was followed by Germany, with a 0.6% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +55.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-20.4% per year) and Germany (+13.4% per year).

Import Prices by Country

The average cyclanic, cyclenic hydrocarbons derivatives import price stood at $X per ton in 2022, surging by 462% against the previous year. In general, the import price showed a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+9.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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