Slovenia - Synthetic Rubber - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Slovenia - Synthetic Rubber - Market Analysis, Forecast, Size, Trends And Insights

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Synthetic Rubber Price in Slovenia - 2023

Contents:

  1. Synthetic Rubber Price in Slovenia (CIF) - 2023
  2. Synthetic Rubber Price in Slovenia (FOB) - 2023
  3. Synthetic Rubber Imports in Slovenia
  4. Synthetic Rubber Exports in Slovenia

Synthetic Rubber Price in Slovenia (CIF) - 2023

In October 2023, the average synthetic rubber import price amounted to $2,499 per ton, approximately equating the previous month. In general, the import price recorded a mild downturn. The pace of growth was the most pronounced in May 2023 when the average import price increased by 4.8% m-o-m. Over the period under review, average import prices attained the peak figure at $2,827 per ton in December 2022; however, from January 2023 to October 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($6,322 per ton), while the price for Serbia ($1,455 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Japan (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Synthetic Rubber Price in Slovenia (FOB) - 2023

In October 2023, the average synthetic rubber export price amounted to $5,146 per ton, growing by 136% against the previous month. Over the period under review, the export price continues to indicate a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In October 2023, the country with the highest price was Switzerland ($6,332 per ton), while the average price for exports to Turkey ($4,369 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.

Synthetic Rubber Imports in Slovenia

In 2022, imports of synthetic rubber into Slovenia declined to 50K tons, waning by -6.2% against 2021. Over the period under review, imports recorded a mild reduction. The most prominent rate of growth was recorded in 2021 with an increase of 12%. As a result, imports reached the peak of 53K tons, and then shrank in the following year.

In value terms, synthetic rubber imports soared to $129M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 49% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Synthetic Rubber in Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland20.013.424.334.519.9%
Germany21.515.818.011.8-18.1%
South Korea6.35.06.39.815.9%
Italy6.05.37.58.813.6%
Netherlands0.92.59.88.7113.0%
Saudi Arabia5.53.43.48.314.7%
Taiwan (Chinese)0.60.14.17.0126.8%
Austria5.44.36.46.98.5%
Belgium0.88.47.56.6102.1%
China0.1N/A0.65.7284.9%
United States6.32.04.24.9-8.0%
Serbia1.32.01.82.320.9%
Thailand0.91.22.02.336.7%
Others10.96.68.210.8-0.3%
Total86.570.010412914.3%

Top Suppliers of Synthetic Rubber to Slovenia in 2022:

  1. Poland (14.1K tons)
  2. Austria (5.8K tons)
  3. Germany (4.9K tons)
  4. Saudi Arabia (3.7K tons)
  5. Italy (3.4K tons)
  6. South Korea (3.1K tons)
  7. Taiwan (Chinese) (2.5K tons)
  8. United States (2.0K tons)
  9. China (2.0K tons)
  10. Netherlands (1.9K tons)
  11. Belgium (1.9K tons)
  12. Serbia (1.1K tons)
  13. Thailand (0.9K tons)

Synthetic Rubber Exports in Slovenia

For the fourth year in a row, Slovenia recorded growth in shipments abroad of synthetic rubber, which increased by 37% to 7.7K tons in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 42%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, synthetic rubber exports surged to $23M in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 147%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Synthetic Rubber in Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1.21.85.98.289.8%
Austria3.82.32.54.34.2%
PolandN/AN/A0.63.8533.3%
Hungary0.10.20.31.5146.6%
GermanyN/AN/A0.21.1450.0%
RomaniaN/AN/A0.20.8300.0%
Croatia0.10.10.20.681.7%
SlovakiaN/A1.13.60.1-69.8%
Others0.20.72.02.3125.7%
Total5.46.315.522.661.2%

Top Export Markets for Synthetic Rubber from Slovenia in 2022:

  1. Italy (3152.0 tons)
  2. Austria (1535.4 tons)
  3. Poland (1137.1 tons)
  4. Hungary (502.8 tons)
  5. Germany (331.4 tons)
  6. Romania (281.7 tons)
  7. Croatia (170.3 tons)
  8. Slovakia (41.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the synthetic rubber market 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 20171050 - Synthetic latex rubber
  • Prodcom 20171090 - Synthetic rubber (excluding latex)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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