Slovakia - Silicones (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSilicone Price in Slovakia - 2023
Contents:
- Silicone Price in Slovakia (CIF) - 2022
- Silicone Price in Slovakia (FOB) - 2022
- Silicone Imports in Slovakia
- Silicone Exports in Slovakia
Silicone Price in Slovakia (CIF) - 2022
The average silicone import price stood at $8,457 per ton in 2022, picking up by 70% against the previous year. Overall, the import price enjoyed strong growth. The growth pace was the most rapid in 2020 an increase of 82% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
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 the United States ($51,658 per ton), while the price for the Czech Republic ($2,780 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+28.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Silicone Price in Slovakia (FOB) - 2022
In 2022, the average silicone export price amounted to $8,650 per ton, with an increase of 44% against the previous year. Over the period under review, the export price, however, saw a slight setback. The export price peaked at $10,289 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($37,036 per ton), while the average price for exports to Kazakhstan ($2,483 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 Belarus (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.
Silicone Imports in Slovakia
In 2022, silicone imports into Slovakia dropped dramatically to 1.3K tons, reducing by -40.8% against 2021 figures. Over the period under review, imports saw a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year.
In value terms, silicone imports totaled $11M in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 19%.
| Import of Silicone in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.1 | 5.1 | 5.8 | 6.3 | 7.3% |
| Czech Republic | 0.8 | 1.0 | 1.2 | 1.1 | 11.2% |
| Italy | 0.8 | 0.5 | 0.7 | 0.9 | 4.0% |
| Netherlands | 0.3 | 0.5 | 0.7 | 0.8 | 38.7% |
| Poland | 0.9 | 0.5 | 0.6 | 0.5 | -17.8% |
| Austria | 1.1 | 0.7 | 0.4 | 0.4 | -28.6% |
| Others | 2.3 | 1.1 | 1.8 | 1.3 | -17.3% |
| Total | 11.2 | 9.4 | 11.1 | 11.2 | 0.0% |
Top Suppliers of Silicone to Slovakia in 2022:
- Germany (1334.4 tons)
- Czech Republic (392.0 tons)
- Italy (106.7 tons)
- Austria (66.8 tons)
- Poland (41.9 tons)
- Netherlands (38.2 tons)
Silicone Exports in Slovakia
Silicone exports from Slovakia declined markedly to 93 tons in 2022, falling by -26.5% compared with 2021 figures. Overall, exports recorded a noticeable setback. The pace of growth appeared the most rapid in 2021 with an increase of 58%. As a result, the exports attained the peak of 127 tons, and then contracted significantly in the following year.
In value terms, silicone exports stood at $805K in 2022. In general, exports, however, posted a remarkable increase. The growth pace was the most rapid in 2021 when exports increased by 90%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Silicone in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 33.9 | 33.0 | 119 | 133 | 57.7% |
| Austria | 16.6 | 20.3 | 55.9 | 119 | 92.8% |
| Poland | 5.7 | 42.7 | 71.0 | 106 | 164.9% |
| Hungary | 89.7 | 54.3 | 147 | 102 | 4.4% |
| Czech Republic | 146 | 141 | 200 | 97.9 | -12.5% |
| Germany | 96.8 | 22.9 | 22.6 | 61.0 | -14.3% |
| Kazakhstan | N/A | N/A | N/A | 9.9 | 0% |
| Slovenia | 17.4 | 8.0 | 13.4 | 8.4 | -21.6% |
| Others | 85.5 | 78.8 | 131 | 167 | 25.0% |
| Total | 491 | 401 | 761 | 805 | 17.9% |
Top Export Markets for Silicone from Slovakia in 2022:
- Poland (24.7 tons)
- Hungary (23.5 tons)
- Czech Republic (17.3 tons)
- Ukraine (10.5 tons)
- Austria (9.8 tons)
- Germany (5.3 tons)
- Kazakhstan (4.0 tons)
- Slovenia (0.9 tons)
This report provides an in-depth analysis of the silicone 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 20165700 - Silicones, in primary forms
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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