Slovakia - Ethylene Glycol (Ethanediol) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEthylene Glycol Price in Slovakia - 2023
Contents:
- Ethylene Glycol Price in Slovakia (CIF) - 2023
- Ethylene Glycol Price in Slovakia (FOB) - 2022
- Ethylene Glycol Imports in Slovakia
- Ethylene Glycol Exports in Slovakia
Ethylene Glycol Price in Slovakia (CIF) - 2023
The average ethylene glycol import price stood at $653 per ton in May 2023, declining by -2.8% against the previous month. Overall, the import price recorded a perceptible slump. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 9.1% month-to-month. The import price peaked at $939 per ton in May 2022; however, from June 2022 to May 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In May 2023, the country with the highest price was Germany ($869 per ton), while the price for Poland ($619 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Germany (-1.0%), while the prices for the other major suppliers experienced a decline.
Ethylene Glycol Price in Slovakia (FOB) - 2022
In 2022, the average ethylene glycol export price amounted to $1,499 per ton, dropping by -3% against the previous year. Over the period under review, the export price continues to indicate a perceptible downturn. The growth pace was the most rapid in 2017 when the average export price increased by 82%. The export price peaked at $2,042 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($1,816 per ton), while the average price for exports to Israel ($898 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 Ukraine (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.
Ethylene Glycol Imports in Slovakia
Ethylene glycol imports into Slovakia declined to 8.9K tons in 2022, which is down by -2.7% on the previous year's figure. In general, total imports indicated a mild expansion from 2019 to 2022: its volume increased at an average annual rate of +1.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 63% against the previous year. As a result, imports attained the peak of 9.1K tons, and then contracted modestly in the following year.
In value terms, ethylene glycol imports contracted remarkably to $7.8M in 2022. Over the period under review, imports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 102% against the previous year. As a result, imports attained the peak of $10M, and then shrank significantly in the following year.
| Import of Ethylene Glycol in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1,023 | 2,399 | 3,161 | 3,897 | 56.2% |
| Belgium | 1,193 | 592 | 622 | 1,432 | 6.3% |
| Germany | 389 | 304 | 1,513 | 1,199 | 45.5% |
| South Korea | N/A | N/A | 122 | 482 | 295.1% |
| Lithuania | 370 | 71.1 | 362 | 267 | -10.3% |
| Turkey | N/A | N/A | 147 | 245 | 66.7% |
| Czech Republic | 1,543 | 767 | 623 | 88.1 | -61.5% |
| Austria | 1,182 | 460 | 1,934 | 17.1 | -75.6% |
| Others | 812 | 373 | 1,530 | 218 | -35.5% |
| Total | 6,513 | 4,966 | 10,014 | 7,845 | 6.4% |
Top Suppliers of Ethylene Glycol to Slovakia in 2022:
- Poland (4417.1 tons)
- Belgium (1700.5 tons)
- Germany (1491.7 tons)
- South Korea (504.0 tons)
- Lithuania (293.4 tons)
- Turkey (263.3 tons)
- Czech Republic (49.1 tons)
- Austria (23.6 tons)
Ethylene Glycol Exports in Slovakia
In 2022, approx. 1.5K tons of ethylene glycol (ethanediol) were exported from Slovakia; shrinking by -50.2% compared with the year before. Overall, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by 22% against the previous year. As a result, the exports attained the peak of 2.9K tons, and then reduced markedly in the following year.
In value terms, ethylene glycol exports fell markedly to $2.2M in 2022. In general, exports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 16%. As a result, the exports reached the peak of $4.6M, and then fell dramatically in the following year.
| Export of Ethylene Glycol in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 390 | 255 | 331 | 505 | 9.0% |
| Serbia | 295 | 294 | 385 | 443 | 14.5% |
| Bulgaria | 308 | 222 | 265 | 307 | -0.1% |
| Romania | 617 | 584 | 635 | 238 | -27.2% |
| Poland | 1,139 | 924 | 771 | 177 | -46.2% |
| Ukraine | 20.8 | 6.9 | 20.7 | 101 | 69.3% |
| Italy | 348 | 157 | 78.9 | 79.8 | -38.8% |
| Hungary | 118 | 194 | 122 | 66.1 | -17.6% |
| Israel | 25.6 | 45.7 | 79.9 | 63.2 | 35.2% |
| Bosnia and Herzegovina | 201 | 95.3 | 49.6 | 32.9 | -45.3% |
| Czech Republic | 50.3 | 1,030 | 1,621 | 5.1 | -53.4% |
| Others | 94.5 | 116 | 196 | 181 | 24.2% |
| Total | 3,606 | 3,923 | 4,555 | 2,199 | -15.2% |
Top Export Markets for Ethylene Glycol from Slovakia in 2022:
- Austria (295.7 tons)
- Serbia (267.9 tons)
- Bulgaria (197.6 tons)
- Poland (165.0 tons)
- Romania (147.7 tons)
- Israel (70.3 tons)
- Ukraine (66.1 tons)
- Italy (46.3 tons)
- Hungary (43.4 tons)
- Bosnia and Herzegovina (18.8 tons)
- Czech Republic (2.8 tons)
This report provides an in-depth analysis of the ethylene glycol market in Slovakia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20142310 - Ethylene glycol (ethanediol)
Country coverage:
- Slovakia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Slovakia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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