Slovakia: Monophenols Market 2025

Monophenols Market Size in Slovakia

In 2021, the Slovak monophenols market was finally on the rise to reach $X after three years of decline. In general, consumption, however, recorded a pronounced decrease. Monophenols consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Monophenols Production in Slovakia

In value terms, monophenols production soared to $X in 2021 estimated in export price. Overall, production, however, recorded a pronounced slump. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Monophenols Exports

Exports from Slovakia

In 2021, the amount of monophenols exported from Slovakia surged to X tons, rising by 121% compared with 2020. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2019 with an increase of 224,096%. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, monophenols exports skyrocketed to $X in 2021. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2019 with an increase of 64,551%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Hungary (X tons) was the main destination for monophenols exports from Slovakia, accounting for a 99.9% share of total exports. It was followed by Poland (X kg), with less than 0.1% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Hungary amounted to +223.9%.

In value terms, Hungary ($X) remains the key foreign market for monophenols exports from Slovakia, comprising 99.9% of total exports. The second position in the ranking was held by Poland ($X), with less than 0.1% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Hungary totaled +298.8%.

Export Prices by Country

The average monophenols export price stood at $X per ton in 2021, jumping by 47% against the previous year. Overall, the export price recorded strong growth. The pace of growth appeared the most rapid in 2020 an increase of 145% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, the country with the highest price was Hungary ($X per ton), while the average price for exports to Poland stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+23.1%), while the prices for the other major destinations experienced a decline.

Monophenols Imports

Imports into Slovakia

In 2021, purchases abroad of monophenols decreased by -43% to X tons for the first time since 2017, thus ending a three-year rising trend. In general, imports, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2013 with an increase of 108% against the previous year. Imports peaked at X tons in 2020, and then contracted markedly in the following year.

In value terms, monophenols imports soared to $X in 2021. Overall, imports, however, saw a strong increase. The growth pace was the most rapid in 2020 with an increase of 82%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest monophenols supplier to Slovakia, with a 83% share of total imports. Moreover, monophenols imports from Germany exceeded the figures recorded by the second-largest supplier, Russia (X tons), sixfold. Poland (X tons) ranked third in terms of total imports with a 0.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +51.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-0.7% per year) and Poland (-39.6% per year).

In value terms, Germany ($X) constituted the largest supplier of monophenols to Slovakia, comprising 95% of total imports. The second position in the ranking was taken by Russia ($X), with a 3.7% share of total imports. It was followed by Poland, with a 0.1% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +52.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-6.6% per year) and Poland (-42.0% per year).

Import Prices by Country

The average monophenols import price stood at $X per ton in 2021, surging by 128% against the previous year. In general, the import price recorded a resilient expansion. 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 2021, the country with the highest price was Spain ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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