Slovakia - Processed Petroleum Oils and Distillates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Processed Petroleum Oils and Distillates in Slovakia - 2023
Contents:
- Price for Processed Petroleum Oils and Distillates in Slovakia (FOB) - 2023
- Price for Processed Petroleum Oils and Distillates in Slovakia (CIF) - 2023
- Exports of Processed Petroleum Oils and Distillates in Slovakia
- Imports of Processed Petroleum Oils and Distillates in Slovakia
Price for Processed Petroleum Oils and Distillates in Slovakia (FOB) - 2023
The average export price for processed petroleum oils and distillates stood at $900 per ton in July 2023, stabilizing at the previous month. Overall, the export price continues to indicate a noticeable contraction. The pace of growth appeared the most rapid in June 2023 an increase of 6.3% month-to-month. The export price peaked at $1,183 per ton in July 2022; however, from August 2022 to July 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Austria ($1,177 per ton), while the average price for exports to Serbia ($732 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+2.7%), while the prices for the other major destinations experienced a decline.
Price for Processed Petroleum Oils and Distillates in Slovakia (CIF) - 2023
In July 2023, the average import price for processed petroleum oils and distillates amounted to $429 per ton, which is down by -55.4% against the previous month. Over the period under review, the import price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in January 2023 an increase of 31% m-o-m. As a result, import price attained the peak level of $1,234 per ton. From February 2023 to July 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Slovenia ($1,369 per ton), while the price for the Czech Republic ($283 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+3.3%), while the prices for the other major suppliers experienced a decline.
Exports of Processed Petroleum Oils and Distillates in Slovakia
In 2022, shipments abroad of processed petroleum oils and distillates decreased by -3.6% to 2.6M tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 4.1% against the previous year. As a result, the exports reached the peak of 2.9M tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, processed petroleum oils and distillates exports soared to $2.7B in 2022. Over the period under review, exports, however, posted a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Processed Petroleum Oils and Distillates in Slovakia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Czech Republic | 565 | 417 | 669 | 796 | 12.1% |
Hungary | 365 | 169 | 357 | 751 | 27.2% |
Poland | 182 | 150 | 307 | 334 | 22.4% |
Austria | 372 | 415 | 259 | 305 | -6.4% |
Ukraine | 2.6 | 1.3 | 1.4 | 254 | 360.6% |
Serbia | 12.7 | 9.2 | 68.4 | 111 | 106.0% |
Croatia | 33.0 | 20.8 | 9.2 | 25.6 | -8.1% |
Germany | 45.2 | 27.4 | 9.2 | 18.1 | -26.3% |
Others | 34.0 | 36.2 | 42.6 | 66.2 | 24.9% |
Total | 1,611 | 1,246 | 1,723 | 2,661 | 18.2% |
Top Export Markets for Processed Petroleum Oils and Distillates from Slovakia in 2022:
- Czech Republic (765.9K tons)
- Hungary (678.2K tons)
- Austria (377.6K tons)
- Poland (329.4K tons)
- Ukraine (200.1K tons)
- Serbia (110.5K tons)
- Croatia (27.5K tons)
- Germany (21.1K tons)
Imports of Processed Petroleum Oils and Distillates in Slovakia
In 2022, approx. 3.1M tons of processed petroleum oils and distillates were imported into Slovakia; rising by 79% compared with the previous year. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, processed petroleum oils and distillates imports soared to $1.8B in 2022. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Processed Petroleum Oils and Distillates in Slovakia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Czech Republic | 338 | 267 | 474 | 988 | 43.0% |
Austria | 232 | 166 | 290 | 281 | 6.6% |
Germany | 112 | 40.5 | 56.4 | 185 | 18.2% |
Hungary | 136 | 55.0 | 59.7 | 149 | 3.1% |
Poland | 20.2 | 22.1 | 27.0 | 84.2 | 60.9% |
Serbia | 1.0 | 0.9 | 44.8 | 46.1 | 258.6% |
Belarus | 47.9 | 10.1 | N/A | N/A | -78.9% |
Others | 75.7 | 68.4 | 75.8 | 107 | 12.2% |
Total | 963 | 630 | 1,028 | 1,840 | 24.1% |
Top Suppliers of Processed Petroleum Oils and Distillates to Slovakia in 2022:
- Czech Republic (1600.7K tons)
- Austria (506.9K tons)
- Germany (325.4K tons)
- Hungary (298.2K tons)
- Serbia (120.7K tons)
- Poland (115.8K tons)
This report provides an in-depth analysis of the market for processed petroleum oils and distillates 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:
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
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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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