Slovakia: Unsaturated Monohydric Alcohols Market 2024

Unsaturated Monohydric Alcohols Market Size in Slovakia

The Slovak unsaturated monohydric alcohols market fell to $X in 2022, waning by X% against the previous year. Overall, consumption continues to indicate a noticeable decline. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Unsaturated Monohydric Alcohols Production in Slovakia

In value terms, unsaturated monohydric alcohols production reduced dramatically to $X in 2022 estimated in export price. In general, production, however, saw a mild increase. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. Unsaturated monohydric alcohols production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Unsaturated Monohydric Alcohols Exports

Exports from Slovakia

After two years of decline, overseas shipments of unsaturated monohydric alcohols increased by X% to X tons in 2022. Over the period under review, exports saw a measured expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, unsaturated monohydric alcohols exports skyrocketed to $X in 2022. Overall, exports saw buoyant growth. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons) and Hungary (X tons) were the main destinations of unsaturated monohydric alcohols exports from Slovakia.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%).

In value terms, Germany ($X) remains the key foreign market for unsaturated monohydric alcohols exports from Slovakia, comprising X% of total exports. The second position in the ranking was taken by Hungary ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled X%.

Export Prices by Country

The average unsaturated monohydric alcohols export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price saw a tangible expansion. The growth pace was the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Hungary totaled $X per ton.

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

Unsaturated Monohydric Alcohols Imports

Imports into Slovakia

In 2022, purchases abroad of unsaturated monohydric alcohols decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, imports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, unsaturated monohydric alcohols imports reduced to $X in 2022. Over the period under review, imports, however, enjoyed a pronounced increase. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of unsaturated monohydric alcohols to Slovakia, with a X% share of total imports. Moreover, unsaturated monohydric alcohols imports from China exceeded the figures recorded by the second-largest supplier, Germany (X kg), eightfold.

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

In value terms, Germany ($X), China ($X) and the United States ($X) appeared to be the largest unsaturated monohydric alcohols suppliers to Slovakia, together accounting for X% of total imports.

In terms of the main suppliers, China, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average unsaturated monohydric alcohols import price amounted to $X per ton, rising by X% against the previous year. In general, the import price, however, recorded a deep slump. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($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 mixed trend patterns.

Source: IndexBox Platform

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