Report Update Nov 1, 2024

Slovakia - Industrial Tall Oil Fatty Acids - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Slovakia: Market for Industrial Tall Oil Fatty Acids 2024

Market Size for Industrial Tall Oil Fatty Acids in Slovakia

In 2021, the Slovak tall oil fatty acids market increased by 23% to $X, rising for the second consecutive year after four years of decline. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Exports of Industrial Tall Oil Fatty Acids

Exports from Slovakia

In 2019, shipments abroad of industrial tall oil fatty acids increased by 312% to X kg for the first time since 2015, thus ending a three-year declining trend. In general, exports posted a buoyant expansion. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2019, the exports remained at a lower figure.

In value terms, tall oil fatty acids exports skyrocketed to $X in 2019. Overall, exports, however, faced a abrupt contraction. The exports peaked at $X in 2014; however, from 2015 to 2019, the exports stood at a somewhat lower figure.

Exports by Country

The Czech Republic (X kg) was the main destination for tall oil fatty acids exports from Slovakia, with a 95% share of total exports. Moreover, tall oil fatty acids exports to the Czech Republic exceeded the volume sent to the second major destination, the Netherlands (X kg), more than tenfold.

From 2012 to 2019, the average annual rate of growth in terms of volume to the Czech Republic amounted to +7.4%.

In value terms, the Czech Republic ($X) remains the key foreign market for industrial tall oil fatty acids exports from Slovakia, comprising 94% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 5.9% share of total exports.

From 2012 to 2019, the average annual growth rate of value to the Czech Republic totaled -11.9%.

Export Prices by Country

The average tall oil fatty acids export price stood at $X per ton in 2019, waning by -31.3% against the previous year. In general, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 49% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2019, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2019, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to the Czech Republic totaled $X per ton.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.3%).

Imports of Industrial Tall Oil Fatty Acids

Imports into Slovakia

In 2021, the amount of industrial tall oil fatty acids imported into Slovakia declined to X tons, remaining relatively unchanged against the previous year's figure. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when imports increased by 886% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, tall oil fatty acids imports surged to $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by 709% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Finland (X tons) was the main tall oil fatty acids supplier to Slovakia, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Finland totaled +11.3%.

In value terms, Finland ($X) constituted the largest supplier of industrial tall oil fatty acids to Slovakia.

From 2012 to 2021, the average annual rate of growth in terms of value from Finland amounted to +11.7%.

Import Prices by Country

In 2021, the average tall oil fatty acids import price amounted to $X per ton, growing by 32% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Finland.

From 2012 to 2021, the rate of growth in terms of prices for Finland amounted to +0.3% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for industrial tall oil fatty acids in the world?

The countries with the highest volumes of tall oil fatty acids consumption in 2020 were Sweden, the United States and Germany, with a combined 25% share of global consumption. These countries were followed by China, Mexico, Italy, Russia, India, Belgium, Poland, Turkey, the Netherlands and Finland, which together accounted for a further 35%.

What are the largest producers of industrial tall oil fatty acids in the world?

The countries with the highest volumes of tall oil fatty acids production in 2020 were the United States, Finland and Sweden, together accounting for 78% of global production. France, the Netherlands, Austria and New Zealand lagged somewhat behind, together comprising a further 15%.

What are the leading suppliers of industrial tall oil fatty acids to Slovakia?

In value terms, the largest tall oil fatty acids suppliers to Slovakia were Finland and the Czech Republic.

What are the leading importers of industrial tall oil fatty acids from Slovakia?

In value terms, the Czech Republic $464) remains the key foreign market for tall oil fatty acids exports from Slovakia, comprising 94% of total exports. The second position in the ranking was occupied by the Netherlands $29), with a 5.9% share of total exports.

What is the average export price for industrial tall oil fatty acids in Slovakia?

In 2019, the average tall oil fatty acids export price amounted to $1,000 per ton, surging by 16% against the previous year.

What is the average import price for industrial tall oil fatty acids in Slovakia?

In 2020, the average tall oil fatty acids import price amounted to $1,329 per ton, with an increase of 2.1% against the previous year.

This report provides an in-depth analysis of the market for tall oil fatty acids in Slovakia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20143150 - Industrial tall oil fatty acids

Country coverage:

Slovakia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Slovakia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023