Slovakia: Organo-Sulphur Compound Market 2024

Organo-Sulphur Compound Market Size in Slovakia

For the third consecutive year, the Slovak organo-sulphur compound market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption recorded a prominent increase. Organo-sulphur compound consumption peaked in 2022 and is expected to retain growth in the immediate term.

Organo-Sulphur Compound Production in Slovakia

In value terms, organo-sulphur compound production amounted to $X in 2022 estimated in export price. Over the period under review, the total production indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. Organo-sulphur compound production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Organo-Sulphur Compound Exports

Exports from Slovakia

In 2022, overseas shipments of organo-sulphur compounds increased by X% to X tons for the first time since 2017, thus ending a four-year declining trend. Overall, exports, however, showed a abrupt setback. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, organo-sulphur compound exports surged to $X in 2022. Over the period under review, exports, however, saw a abrupt slump. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Romania (X tons) was the main destination for organo-sulphur compound exports from Slovakia, with a X% share of total exports. Moreover, organo-sulphur compound exports to Romania exceeded the volume sent to the second major destination, Germany (X tons), threefold. The third position in this ranking was taken by the Czech Republic (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Romania stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and the Czech Republic (X% per year).

In value terms, Germany ($X), Romania ($X) and the Czech Republic ($X) constituted the largest markets for organo-sulphur compound exported from Slovakia worldwide, together comprising X% of total exports.

Romania, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average organo-sulphur compound export price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, organo-sulphur compound export price decreased by X% against 2018 indices. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($X per ton), while the average price for exports to Hungary ($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 Latvia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Organo-Sulphur Compound Imports

Imports into Slovakia

In 2022, supplies from abroad of organo-sulphur compounds increased by X% to X tons, rising for the second consecutive year after three years of decline. Overall, total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2020 indices. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, organo-sulphur compound imports skyrocketed to $X in 2022. In general, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of organo-sulphur compound to Slovakia, with a X% share of total imports. Moreover, organo-sulphur compound imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fivefold. India (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and India (X% per year).

In value terms, China ($X) constituted the largest supplier of organo-sulphur compounds to Slovakia, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Belgium (X% per year).

Import Prices by Country

The average organo-sulphur compound import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, organo-sulphur compound import price increased by X% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform