Slovenia: Fluorescent Brightening Agents Market 2024

Fluorescent Brightening Agents Market Size in Slovenia

In 2022, the Slovene fluorescent brightening agents market increased by 2% to $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption showed a abrupt slump. Fluorescent brightening agents consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Fluorescent Brightening Agents Exports

Exports from Slovenia

In 2022, after two years of growth, there was significant decline in overseas shipments of synthetic organic products used as fluorescent brightening agents, when their volume decreased by -77% to X tons. Over the period under review, exports, however, showed a temperate increase. The pace of growth was the most pronounced in 2015 with an increase of 186% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then declined remarkably in the following year.

In value terms, fluorescent brightening agents exports shrank dramatically to $X in 2022. Overall, exports, however, continue to indicate a notable expansion. The pace of growth was the most pronounced in 2018 with an increase of 392% against the previous year. The exports peaked at $X in 2021, and then shrank markedly in the following year.

Exports by Country

Spain (X tons), Germany (X kg) and Italy (X kg) were the main destinations of fluorescent brightening agents exports from Slovenia, together accounting for 65% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +52.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fluorescent brightening agents exported from Slovenia were Germany ($X), Austria ($X) and Poland ($X), together accounting for 42% of total exports. Spain, Hungary, Italy, Serbia, Croatia and France lagged somewhat behind, together comprising a further 13%.

France, with a CAGR of +39.9%, recorded the highest rates of growth with regard to the value of exports, in terms of 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 fluorescent brightening agents export price stood at $X per ton in 2022, with an increase of 49% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 349%. Over the period under review, the average export prices reached the maximum 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 Croatia ($X per ton), while the average price for exports to Spain ($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 India (+115.4%), while the prices for the other major destinations experienced more modest paces of growth.

Fluorescent Brightening Agents Imports

Imports into Slovenia

In 2022, purchases abroad of synthetic organic products used as fluorescent brightening agents decreased by -12.8% to X tons, falling for the fifth year in a row after two years of growth. In general, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2016 with an increase of 8.3% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, fluorescent brightening agents imports totaled $X in 2022. Over the period under review, imports saw a abrupt setback. The pace of growth was the most pronounced in 2019 with an increase of 31%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of fluorescent brightening agents to Slovenia, accounting for a 77% share of total imports. Moreover, fluorescent brightening agents imports from Italy exceeded the figures recorded by the second-largest supplier, Spain (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from Italy totaled -5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-10.9% per year) and Germany (-20.5% per year).

In value terms, Italy ($X) constituted the largest supplier of synthetic organic products used as fluorescent brightening agents to Slovenia, comprising 63% of total imports. The second position in the ranking was held by Spain ($X), with a 13% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy totaled -2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-7.1% per year) and Germany (-15.4% per year).

Import Prices by Country

In 2022, the average fluorescent brightening agents import price amounted to $X per ton, surging by 21% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the average import price increased by 54% 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 remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Spain ($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 (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform