Slovenia: Market for Saturated Acyclic Monocarboxylic Acids 2024

Market Size for Saturated Acyclic Monocarboxylic Acids in Slovenia

The Slovene saturated acyclic monocarboxylic acids market fell to $X in 2022, with a decrease of X% against the previous year. Over the period under review, the total consumption indicated a tangible increase from 2012 to 2022: its value 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, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level of $X, and then fell in the following year.

Production of Saturated Acyclic Monocarboxylic Acids in Slovenia

In value terms, saturated acyclic monocarboxylic acids production rose remarkably to $X in 2022 estimated in export price. In general, production saw a tangible expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. Saturated acyclic monocarboxylic acids production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Saturated Acyclic Monocarboxylic Acids

Exports from Slovenia

In 2022, the amount of saturated acyclic monocarboxylic acids exported from Slovenia fell remarkably to X tons, waning by X% on 2021. Over the period under review, exports, however, posted a buoyant increase. The growth pace was the most rapid in 2016 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, saturated acyclic monocarboxylic acids exports dropped markedly to $X in 2022. Overall, exports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at $X in 2021, and then dropped significantly in the following year.

Exports by Country

Italy (X tons) was the main destination for saturated acyclic monocarboxylic acids exports from Slovenia, accounting for a X% share of total exports. Moreover, saturated acyclic monocarboxylic acids exports to Italy exceeded the volume sent to the second major destination, Croatia (X tons), threefold. The third position in this ranking was taken by Serbia (X tons), with an X% share.

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

In value terms, Italy ($X), Croatia ($X) and Serbia ($X) appeared to be the largest markets for saturated acyclic monocarboxylic acids exported from Slovenia worldwide, with a combined X% share of total exports. Austria, Belgium, Bosnia and Herzegovina, the Czech Republic, Germany and Spain lagged somewhat behind, together comprising a further X%.

Austria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average saturated acyclic monocarboxylic acids export price stood at $X per ton in 2022, increasing by X% against the previous year. In general, export price indicated strong growth 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, saturated acyclic monocarboxylic acids export price increased by X% against 2016 indices. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs 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 Bosnia and Herzegovina ($X per ton), while the average price for exports to Spain ($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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Saturated Acyclic Monocarboxylic Acids

Imports into Slovenia

In 2022, imports of saturated acyclic monocarboxylic acids into Slovenia shrank dramatically to X tons, falling by X% against the previous year. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of X tons, and then fell rapidly in the following year.

In value terms, saturated acyclic monocarboxylic acids imports declined to $X in 2022. In general, imports, however, showed a strong expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest saturated acyclic monocarboxylic acids supplier to Slovenia, accounting for a X% share of total imports. Moreover, saturated acyclic monocarboxylic acids imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. Belgium (X tons) ranked third in terms of total imports with a 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 Belgium (X% per year).

In value terms, Germany ($X) constituted the largest supplier of saturated acyclic monocarboxylic acids to Slovenia, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

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

Import Prices by Country

In 2022, the average saturated acyclic monocarboxylic acids import price amounted to $X per ton, jumping by X% against the previous year. In general, import price indicated a measured 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, saturated acyclic monocarboxylic acids import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Austria ($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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform