Slovakia: Prepared Rubber Accelerators Market 2024

Prepared Rubber Accelerators Market Size in Slovakia

The Slovak prepared rubber accelerators market skyrocketed to $X in 2021, jumping by 18% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a remarkable increase. Prepared rubber accelerators consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Prepared Rubber Accelerators Exports

Exports from Slovakia

Prepared rubber accelerators exports from Slovakia reduced markedly to X tons in 2021, waning by -55.1% against 2020. Over the period under review, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2013 with an increase of 1,776%. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, prepared rubber accelerators exports declined rapidly to $X in 2021. Overall, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 1,104% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X tons) was the main destination for prepared rubber accelerators exports from Slovakia, with a 83% share of total exports. Moreover, prepared rubber accelerators exports to the Czech Republic exceeded the volume sent to the second major destination, Russia (X tons), more than tenfold. Romania (X tons) ranked third in terms of total exports with a 4.8% share.

From 2012 to 2021, the average annual growth rate of volume to the Czech Republic stood at +34.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-0.5% per year) and Romania (+30.5% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for prepared rubber accelerators exports from Slovakia, comprising 81% of total exports. The second position in the ranking was taken by Russia ($X), with an 8.1% share of total exports. It was followed by Portugal, with a 5.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Czech Republic amounted to +26.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+8.7% per year) and Portugal (+83.8% per year).

Export Prices by Country

The average prepared rubber accelerators export price stood at $X per ton in 2021, with an increase of 34% against the previous year. In general, the export price, however, saw a drastic downturn. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, 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 Portugal ($X per ton), while the average price for exports to Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+9.3%), while the prices for the other major destinations experienced a decline.

Prepared Rubber Accelerators Imports

Imports into Slovakia

In 2021, approx. X tons of prepared rubber accelerators were imported into Slovakia; with an increase of 4.8% against the year before. In general, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2019 when imports increased by 55% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, prepared rubber accelerators imports expanded significantly to $X in 2021. Overall, imports continue to indicate prominent growth. The growth pace was the most rapid in 2013 when imports increased by 77% against the previous year. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of prepared rubber accelerators to Slovakia, with a 76% share of total imports. Moreover, prepared rubber accelerators imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), sixfold. The third position in this ranking was held by Turkey (X tons), with a 3.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +28.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-5.2% per year) and Turkey (+78.3% per year).

In value terms, China ($X) constituted the largest supplier of prepared rubber accelerators to Slovakia, comprising 65% of total imports. The second position in the ranking was taken by Turkey ($X), with a 17% share of total imports. It was followed by Germany, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +25.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+83.1% per year) and Germany (-11.1% per year).

Import Prices by Country

In 2021, the average prepared rubber accelerators import price amounted to $X per ton, increasing by 8.6% against the previous year. Over the period under review, the import price, however, recorded a perceptible decline. The pace of growth appeared the most rapid in 2013 when the average import price increased by 15%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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