Report Update: May 1, 2024

Slovenia - Industrial Monocarboxylic Fatty Acids - Market Analysis, Forecast, Size, Trends And Insights

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Price for Industrial Monocarboxylic Fatty Acids in Slovenia - 2023

Price for Industrial Monocarboxylic Fatty Acids in Slovenia (CIF) - 2022

In 2022, the average industrial monocarboxylic fatty acids import price amounted to $2,117 per ton, rising by 28% against the previous year. Overall, the import price posted pronounced growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 60% against the previous year. Over the period under review, average import prices attained the maximum 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 Hungary ($4,144 per ton), while the price for Serbia ($1,030 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+40.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Industrial Monocarboxylic Fatty Acids in Slovenia (FOB) - 2023

In August 2023, the average industrial monocarboxylic fatty acids export price amounted to $1,378 per ton, remaining constant against the previous month. Overall, the export price, however, saw a slight shrinkage. The most prominent rate of growth was recorded in October 2022 an increase of 25% m-o-m. The export price peaked at $1,648 per ton in June 2023; however, from July 2023 to August 2023, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In August 2023, the highest price was recorded for prices to Slovakia ($1,487 per ton) and Italy ($1,482 per ton), while the average price for exports to Austria ($1,098 per ton) and Romania ($1,430 per ton) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Industrial Monocarboxylic Fatty Acids in Slovenia

In 2022, the amount of industrial monocarboxylic fatty acids imported into Slovenia soared to 1.7K tons, jumping by 19% on 2021 figures. Overall, imports continue to indicate a notable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 151% against the previous year. As a result, imports reached the peak of 3.8K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, industrial monocarboxylic fatty acids imports surged to $3.7M in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 150%. As a result, imports attained the peak of $4M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Industrial Monocarboxylic Fatty Acids in Slovenia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Malaysia	348	1,773	405	1,189	50.6%
Germany	378	253	533	618	17.8%
Italy	255	395	388	537	28.2%
Belgium	1.3	80.2	253	413	582.3%
Indonesia	17.4	555	76.9	362	175.0%
India	319	636	365	179	-17.5%
Serbia	134	84.7	68.7	97.2	-10.1%
Austria	61.4	81.7	175	89.3	13.3%
Others	70.4	103	152	170	34.2%
Total	1,585	3,961	2,415	3,654	32.1%

Top Suppliers of Industrial Monocarboxylic Fatty Acids to Slovenia in 2022:

Malaysia (630.6 tons)
Italy (231.8 tons)
Belgium (192.3 tons)
Indonesia (191.8 tons)
Germany (189.6 tons)
India (95.9 tons)
Serbia (94.3 tons)
Austria (45.8 tons)

Exports of Industrial Monocarboxylic Fatty Acids in Slovenia

In 2022, approx. 1.5K tons of industrial monocarboxylic fatty acids were exported from Slovenia; with an increase of 16% compared with the previous year. Overall, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 163%. As a result, the exports reached the peak of 2.7K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, industrial monocarboxylic fatty acids exports soared to $2.1M in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 349% against the previous year. As a result, the exports attained the peak of $3.7M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Industrial Monocarboxylic Fatty Acids in Slovenia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Romania	N/A	241	190	459	38.0%
Austria	425	1,126	629	413	-1.0%
Italy	183	505	211	365	25.9%
Germany	137	139	206	248	21.9%
Slovakia	12.0	15.0	2.7	236	169.9%
Bulgaria	26.4	50.5	N/A	193	94.1%
Croatia	25.6	114	71.6	90.9	52.6%
Others	9.4	1,482	230	50.9	75.6%
Total	819	3,672	1,540	2,055	35.9%

Top Export Markets for Industrial Monocarboxylic Fatty Acids from Slovenia in 2022:

Austria (390.3 tons)
Germany (268.4 tons)
Romania (250.1 tons)
Italy (206.4 tons)
Slovakia (116.0 tons)
Bulgaria (107.6 tons)
Croatia (71.3 tons)

This report provides an in-depth analysis of the market for industrial monocarboxylic fatty acids in Slovenia. 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 20143195 - Industrial monocarboxylic fatty acids distilled (excluding stearic, oleic tall oil)
Prodcom 20143197 - Industrial monocarboxylic fatty acids (excluding stearic, oleic, t all oil, distilled)

Country coverage:

Slovenia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Slovenia
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023