Slovakia: Halogenated Hydrocarbon Derivative Market 2024

Halogenated Hydrocarbon Derivative Market Size in Slovakia

The Slovak halogenated hydrocarbon derivative market declined markedly to $X in 2022, with a decrease of -92.5% against the previous year. In general, consumption saw a sharp shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 1.8% against the previous year. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Halogenated Hydrocarbon Derivative Production in Slovakia

In value terms, halogenated hydrocarbon derivative production fell modestly to $X in 2022 estimated in export price. In general, production showed a sharp curtailment. The most prominent rate of growth was recorded in 2021 when the production volume increased by 6.6% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Halogenated Hydrocarbon Derivative Exports

Exports from Slovakia

In 2022, overseas shipments of halogenated derivatives of hydrocarbons increased by 1,175% to X tons, rising for the second consecutive year after two years of decline. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 2,697%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, halogenated hydrocarbon derivative exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 1,915%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Uzbekistan (X tons) was the main destination for halogenated hydrocarbon derivative exports from Slovakia, accounting for a 94% share of total exports. Moreover, halogenated hydrocarbon derivative exports to Uzbekistan exceeded the volume sent to the second major destination, Romania (X tons), more than tenfold. The Czech Republic (X tons) ranked third in terms of total exports with a 0.7% share.

From 2012 to 2022, the average annual growth rate of volume to Uzbekistan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (-55.0% per year) and the Czech Republic (-24.9% per year).

In value terms, Uzbekistan ($X) emerged as the key foreign market for halogenated derivatives of hydrocarbons exports from Slovakia, comprising 79% of total exports. The second position in the ranking was taken by Romania ($X), with a 4% share of total exports. It was followed by Austria, with a 3.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Uzbekistan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (-67.9% per year) and Austria (+23.4% per year).

Export Prices by Country

In 2022, the average halogenated hydrocarbon derivative export price amounted to $X per ton, which is down by -71.3% against the previous year. Overall, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when the average export price increased by 161% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Uzbekistan ($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 Germany (+18.3%), while the prices for the other major destinations experienced mixed trend patterns.

Halogenated Hydrocarbon Derivative Imports

Imports into Slovakia

In 2022, approx. X tons of halogenated derivatives of hydrocarbons were imported into Slovakia; dropping by -23.4% against the year before. Over the period under review, imports recorded a deep reduction. The pace of growth appeared the most rapid in 2018 with an increase of 105%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, halogenated hydrocarbon derivative imports fell dramatically to $X in 2022. In general, imports showed a deep slump. The growth pace was the most rapid in 2018 when imports increased by 171%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) constituted the largest halogenated hydrocarbon derivative supplier to Slovakia, accounting for a 42% share of total imports. Moreover, halogenated hydrocarbon derivative imports from Germany exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), twofold. The third position in this ranking was held by Poland (X tons), with a 20% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+12.9% per year) and Poland (+56.3% per year).

In value terms, Poland ($X), Germany ($X) and the Czech Republic ($X) were the largest halogenated hydrocarbon derivative suppliers to Slovakia, with a combined 60% share of total imports.

In terms of the main suppliers, Poland, with a CAGR of +46.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average halogenated hydrocarbon derivative import price amounted to $X per ton, with a decrease of -7.9% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 40%. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 France ($X per ton), while the price for Germany ($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 (+37.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :