Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Slovakia - 2023

Contents:

  1. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Slovakia (CIF) - 2022
  2. Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Slovakia

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Slovakia (CIF) - 2022

The average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $1,301 per ton in 2022, with a decrease of -41.6% against the previous year. Overall, the import price recorded a abrupt decrease. The pace of growth appeared the most rapid in 2017 an increase of 9.2%. As a result, import price attained the peak level of $3,683 per ton. From 2018 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 Italy ($2,061 per ton), while the price for Belgium ($238 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (-1.3%), while the prices for the other major suppliers experienced a decline.

Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Slovakia

In 2022, approx. 47K tons of adhesives; prepared, based on rubber or plastics (including artificial resins) were imported into Slovakia; growing by 97% on the previous year. In general, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) surged to $62M in 2022. The total import value increased at an average annual rate of +13.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 16%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany19.117.421.120.42.2%
Italy7.69.38.712.618.4%
Czech Republic3.76.27.08.230.4%
Poland2.13.43.76.344.2%
Hungary0.73.43.84.180.3%
Austria1.41.62.93.028.9%
Belgium0.40.20.90.826.0%
Others7.04.65.46.1-4.5%
Total42.046.253.461.513.6%

Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Slovakia in 2022:

  1. Czech Republic (15.4K tons)
  2. Germany (10.5K tons)
  3. Italy (6.1K tons)
  4. Poland (5.0K tons)
  5. Belgium (3.5K tons)
  6. Hungary (2.9K tons)
  7. Austria (1.5K tons)

Source: IndexBox Market Intelligence Platform

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