Slovakia: Hydrogen Peroxide Market 2024

Hydrogen Peroxide Market Size in Slovakia

In 2022, the Slovak hydrogen peroxide market increased by 33% to $X, rising for the sixth consecutive year after two years of decline. Overall, the total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +90.1% against 2016 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Hydrogen Peroxide Exports

Exports from Slovakia

In 2022, after two years of decline, there was significant growth in shipments abroad of hydrogen peroxide, when their volume increased by 18% to X tons. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 343%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, hydrogen peroxide exports soared to $X in 2022. Overall, exports showed strong growth. The most prominent rate of growth was recorded in 2014 with an increase of 262% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Poland (X tons) was the main destination for hydrogen peroxide exports from Slovakia, with a 48% share of total exports. Moreover, hydrogen peroxide exports to Poland exceeded the volume sent to the second major destination, France (X tons), threefold. The third position in this ranking was taken by Austria (X tons), with an 8.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Poland totaled +33.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (0.0% per year) and Austria (-5.2% per year).

In value terms, Poland ($X) remains the key foreign market for hydrogen peroxide exports from Slovakia, comprising 56% of total exports. The second position in the ranking was taken by France ($X), with a 9% share of total exports. It was followed by Austria, with an 8.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Poland amounted to +30.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (0.0% per year) and Austria (-10.5% per year).

Export Prices by Country

In 2022, the average hydrogen peroxide export price amounted to $X per ton, growing by 7.3% against the previous year. Over the period under review, the export price, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2020 when the average export price increased by 39%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to France ($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 Poland (-2.3%), while the prices for the other major destinations experienced a decline.

Hydrogen Peroxide Imports

Imports into Slovakia

In 2022, the amount of hydrogen peroxide imported into Slovakia soared to X tons, rising by 19% against the previous year's figure. The total import volume increased at an average annual rate of +4.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, hydrogen peroxide imports soared to $X in 2022. In general, total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +7.3% 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 +97.4% against 2016 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Belgium (X tons) constituted the largest hydrogen peroxide supplier to Slovakia, with a 40% share of total imports. Moreover, hydrogen peroxide imports from Belgium exceeded the figures recorded by the second-largest supplier, Slovenia (X tons), fourfold. Poland (X tons) ranked third in terms of total imports with an 8.4% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium stood at -1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (+3.9% per year) and Poland (+22.0% per year).

In value terms, Belgium ($X) constituted the largest supplier of hydrogen peroxide to Slovakia, comprising 40% of total imports. The second position in the ranking was taken by Slovenia ($X), with a 12% share of total imports. It was followed by Poland, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium amounted to +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (+9.6% per year) and Poland (+28.7% per year).

Import Prices by Country

In 2022, the average hydrogen peroxide import price amounted to $X per ton, increasing by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. 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 Finland ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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