Slovakia - Styrene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingStyrene Price in Slovakia - 2023
Contents:
- Styrene Price in Slovakia (CIF) - 2023
- Styrene Price in Slovakia (FOB) - 2022
- Styrene Imports in Slovakia
- Styrene Exports in Slovakia
Styrene Price in Slovakia (CIF) - 2023
In July 2023, the average styrene import price amounted to $1,521 per ton, growing by 9% against the previous month. Overall, the import price, however, showed a noticeable downturn. The pace of growth was the most pronounced in April 2023 when the average import price increased by 18% month-to-month. The import price peaked at $2,025 per ton in July 2022; however, from August 2022 to July 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the Netherlands.
From July 2022 to July 2023, the rate of growth in terms of prices for Germany amounted to +5.3% per month.
Styrene Price in Slovakia (FOB) - 2022
In 2022, the average styrene export price amounted to $3,514 per ton, waning by -17.3% against the previous year. Over the period under review, the export price saw a mild slump. The pace of growth was the most pronounced in 2019 when the average export price increased by 23% against the previous year. Over the period under review, the average export prices reached the peak figure at $4,249 per ton in 2021, and then declined rapidly in the following year.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($3,552 per ton), while the average price for exports to the Czech Republic amounted to $3,505 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+20.4%), while the prices for the other major destinations experienced a decline.
Styrene Imports in Slovakia
In 2022, the amount of styrene imported into Slovakia expanded significantly to 1.2K tons, growing by 11% on the year before. Overall, imports, however, showed a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 23%.
In value terms, styrene imports skyrocketed to $2.4M in 2022. In general, imports recorded strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 126%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.
| Import of Styrene in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 75.7 | 149 | 275 | 2,262 | 210.3% |
| Poland | 0.1 | 0.3 | N/A | 136 | 1007.9% |
| Germany | 1,597 | 594 | 1,422 | N/A | -5.6% |
| Austria | 83.0 | 74.2 | 148 | N/A | 33.5% |
| Others | 51.9 | 0.2 | 3.2 | 0.6 | -77.4% |
| Total | 1,808 | 818 | 1,848 | 2,399 | 9.9% |
Top Suppliers of Styrene to Slovakia in 2022:
- Germany (undefined tons)
- Netherlands (1112.1 tons)
- Poland (73.7 tons)
Styrene Exports in Slovakia
Styrene exports from Slovakia surged to 25 tons in 2022, growing by 17% on the previous year's figure. The total export volume increased at an average annual rate of +8.4% over the period 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 21%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, styrene exports fell modestly to $87K in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.6% 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 +42.6% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 42% against the previous year. As a result, the exports attained the peak of $91K, and then reduced slightly in the following year.
| Export of Styrene in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 50.2 | 52.3 | 63.3 | 71.0 | 12.2% |
| Bulgaria | N/A | 3.9 | 21.3 | 16.4 | 105.1% |
| Croatia | 10.3 | 7.7 | 5.9 | N/A | -24.3% |
| Others | 0.8 | N/A | N/A | N/A | 0% |
| Total | 61.3 | 63.9 | 90.5 | 87.4 | 12.6% |
Top Export Markets for Styrene from Slovakia in 2022:
- Czech Republic (20.3 tons)
- Bulgaria (4.6 tons)
This report provides an in-depth analysis of the styrene 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 20141250 - Styrene
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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