Slovenia: Halogenated Hydrocarbon Derivative Market 2024

Halogenated Hydrocarbon Derivative Market Size in Slovenia

The Slovene halogenated hydrocarbon derivative market declined notably to $X in 2022, dropping by -42.7% 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 showed a deep slump. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Halogenated Hydrocarbon Derivative Exports

Exports from Slovenia

In 2022, after two years of growth, there was significant decline in overseas shipments of halogenated derivatives of hydrocarbons, when their volume decreased by -83.7% to X tons. Overall, exports showed a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 597% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then dropped significantly in the following year.

In value terms, halogenated hydrocarbon derivative exports fell rapidly to $X in 2022. In general, exports, however, continue to indicate a moderate increase. The most prominent rate of growth was recorded in 2020 with an increase of 555%. Over the period under review, the exports reached the maximum at $X in 2021, and then declined rapidly in the following year.

Exports by Country

Serbia (X tons), Bosnia and Herzegovina (X tons) and Hungary (X tons) were the main destinations of halogenated hydrocarbon derivative exports from Slovenia, with a combined 71% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +99.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X) emerged as the key foreign market for halogenated derivatives of hydrocarbons exports from Slovenia, comprising 34% of total exports. The second position in the ranking was held by Austria ($X), with a 17% share of total exports. It was followed by Serbia, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Hungary totaled +120.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+12.1% per year) and Serbia (+3.5% per year).

Export Prices by Country

In 2022, the average halogenated hydrocarbon derivative export price amounted to $X per ton, increasing by 38% against the previous year. In general, the export price continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2018 an increase of 160% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Bosnia and Herzegovina ($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 Austria (+20.0%), while the prices for the other major destinations experienced more modest paces of growth.

Halogenated Hydrocarbon Derivative Imports

Imports into Slovenia

In 2022, purchases abroad of halogenated derivatives of hydrocarbons decreased by -73.4% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports showed a abrupt curtailment. The growth pace was the most rapid in 2020 when imports increased by 53% against the previous year. Imports peaked at X tons in 2021, and then declined sharply in the following year.

In value terms, halogenated hydrocarbon derivative imports reduced remarkably to $X in 2022. Over the period under review, imports, however, continue to indicate a perceptible expansion. The pace of growth was the most pronounced in 2014 when imports increased by 76% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

France (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of halogenated hydrocarbon derivative imports to Slovenia, together comprising 69% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +8.8%), while imports for the other leaders experienced a decline.

In value terms, China ($X) constituted the largest supplier of halogenated derivatives of hydrocarbons to Slovenia, comprising 51% of total imports. The second position in the ranking was held by Germany ($X), with an 18% share of total imports. It was followed by Italy, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +11.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-3.9% per year) and Italy (+12.2% per year).

Import Prices by Country

In 2022, the average halogenated hydrocarbon derivative import price amounted to $X per ton, rising by 109% against the previous year. Over the period under review, the import price showed strong growth. The most prominent rate of growth was recorded in 2014 an increase of 111%. 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 China ($X per ton), while the price for France ($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 UK (+26.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform