Slovenia: Phenols Market 2024

Phenols Market Size in Slovenia

After three years of decline, the Slovene phenols market increased by X% to $X in 2022. Overall, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Phenols Production in Slovenia

In value terms, phenols production expanded slightly to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Phenols production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Phenols Exports

Exports from Slovenia

In 2022, the amount of phenols exported from Slovenia fell dramatically to X tons, waning by X% against the year before. In general, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, phenols exports dropped sharply to $X in 2022. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for phenols exports from Slovenia, accounting for a X% share of total exports. Moreover, phenols exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X kg), fourfold. The third position in this ranking was taken by Croatia (X kg), with an X% share.

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

In value terms, Germany ($X), France ($X) and the UK ($X) appeared to be the largest markets for phenols exported from Slovenia worldwide, together comprising X% of total exports. Austria, the Netherlands, Italy, the Czech Republic, Croatia, Australia, Iran and Serbia lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Australia, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average phenols export price stood at $X per ton in 2022, jumping by X% against the previous year. In general, the export price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 an increase of X%. The export price peaked in 2022 and is likely to see gradual 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 France ($X per ton), while the average price for exports to Serbia ($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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Phenols Imports

Imports into Slovenia

In 2022, supplies from abroad of phenols increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, recorded a slight curtailment. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, phenols imports soared to $X in 2022. In general, imports posted temperate growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of phenols to Slovenia, with a X% share of total imports. Moreover, phenols imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), sevenfold. The third position in this ranking was taken by Spain (X tons), with less than X% share.

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

In value terms, Italy ($X), Germany ($X) and Belgium ($X) constituted the largest phenols suppliers to Slovenia, together accounting for X% of total imports.

Germany, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average phenols import price amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the import price, however, saw temperate growth. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices failed to regain momentum.

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 Belgium ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform