Slovenia: Market for Cyanides, Cyanide Oxides And Complex Cyanides 2024

Market Size for Cyanides, Cyanide Oxides And Complex Cyanides in Slovenia

The Slovene cyanides and cyanide oxides market skyrocketed to $X in 2022, rising by X% 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). Overall, consumption showed a buoyant expansion. Cyanides and cyanide oxides consumption peaked in 2022 and is likely to see gradual growth in years to come.

Exports of Cyanides, Cyanide Oxides And Complex Cyanides

Exports from Slovenia

In 2022, shipments abroad of cyanides, cyanide oxides and complex cyanides decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded modest growth. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, cyanides and cyanide oxides exports rose significantly to $X in 2022. Over the period under review, exports, however, saw a slight expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Sweden (X tons) was the main destination for cyanides and cyanide oxides exports from Slovenia, accounting for a X% share of total exports. Moreover, cyanides and cyanide oxides exports to Sweden exceeded the volume sent to the second major destination, Austria (X kg), fivefold. The third position in this ranking was held by Croatia (X kg), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Croatia (X% per year).

In value terms, the largest markets for cyanides and cyanide oxides exported from Slovenia were Sweden ($X), Croatia ($X) and Germany ($X), together accounting for X% of total exports. Austria, Bosnia and Herzegovina, Serbia and North Macedonia lagged somewhat behind, together accounting for a further X%.

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

Export Prices by Country

In 2022, the average cyanides and cyanide oxides export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

Imports of Cyanides, Cyanide Oxides And Complex Cyanides

Imports into Slovenia

In 2022, supplies from abroad of cyanides, cyanide oxides and complex cyanides increased by X% to X tons, rising for the third year in a row after three years of decline. Over the period under review, total imports indicated pronounced 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 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, cyanides and cyanide oxides imports surged to $X in 2022. Overall, imports showed buoyant growth. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of cyanides and cyanide oxides to Slovenia, accounting for a X% share of total imports. Moreover, cyanides and cyanide oxides imports from Germany exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), twofold. The Netherlands (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and the Netherlands (X% per year).

In value terms, Germany ($X) constituted the largest supplier of cyanides, cyanide oxides and complex cyanides to Slovenia, comprising X% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and the Netherlands (X% per year).

Import Prices by Country

The average cyanides and cyanide oxides import price stood at $X per ton in 2022, rising by X% against the previous year. In general, import price indicated a pronounced increase 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, cyanides and cyanide oxides import price increased by X% against 2019 indices. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform