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

Contents:

  1. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Slovenia (CIF) - 2023
  2. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Slovenia (FOB) - 2023
  3. Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Slovenia
  4. Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Slovenia

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

In November 2023, the average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $1,474 per ton, rising by 3.7% against the previous month. In general, the import price, however, saw a slight setback. The most prominent rate of growth was recorded in August 2023 an increase of 84% against the previous month. As a result, import price reached the peak level of $2,854 per ton. From September 2023 to November 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Austria ($4,728 per ton), while the price for Italy ($769 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Austria (-0.0%), while the prices for the other major suppliers experienced a decline.

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

In November 2023, the average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $3,124 per ton, increasing by 5.5% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 15% month-to-month. Over the period under review, the average export prices hit record highs at $3,157 per ton in May 2023; however, from June 2023 to November 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Turkey ($6,547 per ton), while the average price for exports to Belgium ($1,370 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth consecutive year, Slovenia recorded growth in purchases abroad of adhesives; prepared, based on rubber or plastics (including artificial resins), which increased by 100% to 21K tons in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained 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 $45M in 2022. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy4.95.56.319.658.7%
Germany10.49.413.412.04.9%
France1.11.93.52.938.1%
Austria1.82.22.72.917.2%
Poland0.61.11.51.638.7%
Spain0.50.71.31.440.9%
Netherlands2.00.40.70.8-26.3%
Hungary0.20.40.70.535.7%
Others3.53.22.72.9-6.1%
Total25.124.832.744.621.1%

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

  1. Italy (12.0K tons)
  2. Germany (2.6K tons)
  3. France (2.0K tons)
  4. Austria (1.6K tons)
  5. Poland (0.8K tons)
  6. Spain (0.5K tons)
  7. Netherlands (0.4K tons)
  8. Hungary (0.2K tons)

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

In 2022, shipments abroad of adhesives; prepared, based on rubber or plastics (including artificial resins) decreased by -1.9% to 10K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +6.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 11% against the previous year. As a result, the exports reached the peak of 10K tons, and then declined in the following year.

In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) surged to $29M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +18.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.5% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 23%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Croatia5.05.86.56.06.3%
Russia1.61.52.03.833.4%
Serbia2.02.02.72.57.7%
Bosnia and Herzegovina1.71.82.12.412.2%
Turkey0.20.20.12.3125.7%
Belgium0.20.61.51.7104.1%
Czech Republic0.60.50.91.535.7%
Austria0.91.21.31.415.9%
Ukraine1.31.31.61.30.0%
Germany0.50.30.30.921.6%
Romania0.50.60.50.817.0%
Belarus0.50.50.70.817.0%
Poland0.30.40.90.838.7%
Others2.22.62.52.99.6%
Total17.419.223.629.018.6%

Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Slovenia in 2022:

  1. Croatia (2185.7 tons)
  2. Russia (1411.0 tons)
  3. Belgium (1088.3 tons)
  4. Bosnia and Herzegovina (831.7 tons)
  5. Serbia (772.6 tons)
  6. Austria (526.0 tons)
  7. Ukraine (482.0 tons)
  8. Czech Republic (449.4 tons)
  9. Turkey (393.3 tons)
  10. Belarus (333.5 tons)
  11. Poland (324.8 tons)
  12. Germany (213.3 tons)
  13. Romania (207.9 tons)

Source: IndexBox Market Intelligence Platform

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