Report Update Nov 1, 2024

Slovakia - Saccharin and Its Salts - Market Analysis, Forecast, Size, Trends and Insights

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Slovakia: Saccharin Market 2024

Saccharin Market Size in Slovakia

For the fifth year in a row, the Slovak saccharin market recorded growth in sales value, which increased by 14% to $X in 2021. Overall, consumption saw a significant increase. Saccharin consumption peaked in 2021 and is expected to retain growth in the immediate term.

Saccharin Exports

Exports from Slovakia

Saccharin exports from Slovakia skyrocketed to X kg in 2021, picking up by 400% on the year before. In general, exports, however, recorded a sharp descent. The most prominent rate of growth was recorded in 2013 when exports increased by 405% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, saccharin exports skyrocketed to $X in 2021. Overall, exports, however, faced a sharp slump. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X kg) and the Czech Republic (X kg) were the main destinations of saccharin exports from Slovakia.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of 0.0%).

In value terms, Germany ($X) emerged as the key foreign market for saccharin and its salts exports from Slovakia, comprising 71% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a 29% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany was relatively modest.

Export Prices by Country

In 2021, the average saccharin export price amounted to $X per ton, increasing by 91% against the previous year. Overall, the export price posted a modest increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the Czech Republic totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+8.2%).

Saccharin Imports

Imports into Slovakia

In 2021, approx. X tons of saccharin and its salts were imported into Slovakia; with an increase of 17% against 2020. Overall, imports showed a significant increase. The growth pace was the most rapid in 2013 with an increase of 154%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, saccharin imports expanded markedly to $X in 2021. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2013 with an increase of 523% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of saccharin to Slovakia, accounting for a 61% share of total imports. Moreover, saccharin imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. Poland (X tons) ranked third in terms of total imports with a 17% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +111.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+102.0% per year) and Poland (+92.1% per year).

In value terms, Germany ($X) constituted the largest supplier of saccharin and its salts to Slovakia, comprising 67% of total imports. The second position in the ranking was taken by France ($X), with a 24% share of total imports. It was followed by Poland, with a 6.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +109.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+83.1% per year) and Poland (+93.7% per year).

Import Prices by Country

The average saccharin import price stood at $X per ton in 2021, dropping by -5.2% against the previous year. Overall, import price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +10.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, saccharin import price increased by +11.5% against 2019 indices. The growth pace was the most rapid in 2013 an increase of 145% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 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 France ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+23.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for saccharin and its salts in the world?

The countries with the highest volumes of in 2021 were China, the United States and South Korea, together accounting for 32% of global consumption.

What are the largest producers of saccharin and its salts in the world?

The country with the largest volume of saccharin production was China, comprising approx. 81% of total volume. Moreover, saccharin production in China exceeded the figures recorded by the second-largest producer, South Korea, fivefold.

What are the leading suppliers of saccharin and its salts to Slovakia?

In value terms, Germany constituted the largest supplier of saccharin to Slovakia, comprising 68% of total imports. The second position in the ranking was occupied by France, with a 24% share of total imports. It was followed by Poland, with a 6.1% share.

What are the leading importers of saccharin and its salts from Slovakia?

In value terms, Slovenia emerged as the key foreign market for saccharin exports from Slovakia, comprising 94% of total exports. The second position in the ranking was occupied by the Czech Republic $117), with a 5.4% share of total exports.

What is the average export price for saccharin and its salts in Slovakia?

The average saccharin export price stood at $12,389 per ton in 2021, rising by 5.3% against the previous year.

What is the average import price for saccharin and its salts in Slovakia?

In 2021, the average saccharin import price amounted to $10,974 per ton, remaining relatively unchanged against the previous year.

This report provides an in-depth analysis of the saccharin market 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 20144320 - Saccharin and its salts

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