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Slovakia - Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Market Analysis, Forecast, Size, Trends and Insights
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Slovakia: Alcohols Market Overview 2021

Alcohols Market Size in Slovakia

The Slovak alcohols market contracted remarkably to $X in 2020, dropping by -X% against the previous year. In general, consumption showed a deep downturn. The most prominent rate of growth was recorded in 2011 when the market value increased by X% y-o-y. Over the period under review, the market attained the peak level at $X in 2008; however, from 2009 to 2020, consumption remained at a lower figure.

Alcohols Production in Slovakia

In value terms, alcohols production dropped slightly to $X in 2020 estimated in export prices. Overall, production, however, recorded a pronounced curtailment. The growth pace was the most rapid in 2011 when the production volume increased by X% y-o-y. Alcohols production peaked at $X in 2007; however, from 2008 to 2020, production failed to regain the momentum.

Alcohols Exports

Exports from Slovakia

In 2020, approx. X tonnes of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives were exported from Slovakia; rising by X% compared with 2019. Overall, total exports indicated a noticeable increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at X tonnes in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

In value terms, alcohols exports declined to $X in 2020. In general, exports continue to indicate a perceptible decline. The pace of growth was the most pronounced in 2008 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at $X in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Hungary (X tonnes) was the main destination for alcohols exports from Slovakia, accounting for a X% share of total exports. Moreover, alcohols exports to Hungary exceeded the volume sent to the second major destination, Germany (X tonnes), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Hungary totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and the Czech Republic (-X% per year).

In value terms, Hungary ($X) remains the key foreign market for alcohols exports from Slovakia, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Hungary amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and the Czech Republic (-X% per year).

Export Prices by Country

In 2020, the average alcohols export price amounted to $X per tonne, reducing by -X% against the previous year. Overall, the export price recorded a abrupt decline. The growth pace was the most rapid in 2018 an increase of X% y-o-y. Over the period under review, average export prices hit record highs at $X per tonne in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the Czech Republic ($X per tonne), while the average price for exports to Hungary ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic, while the prices for the other major destinations experienced a decline.

Alcohols Imports

Imports into Slovakia

In 2020, imports of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives into Slovakia dropped to X tonnes, reducing by -X% on the previous year's figure. Overall, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2011 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

In value terms, alcohols imports declined to $X in 2020. Over the period under review, imports saw a deep contraction. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. Imports peaked at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Russia (X tonnes) constituted the largest supplier of alcohols to Slovakia, with a X% share of total imports. Moreover, alcohols imports from Russia exceeded the figures recorded by the second-largest supplier, Serbia (X tonnes), fourfold. Germany (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Russia stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Serbia (+X% per year) and Germany (+X% per year).

In value terms, the largest alcohols suppliers to Slovakia were Russia ($X), Germany ($X) and Poland ($X), with a combined X% share of total imports.

Poland saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average alcohols import price stood at $X per tonne in 2020, with a decrease of -X% against the previous year. Overall, import price indicated a slight expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, alcohols import price decreased by -X% against 2018 indices. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per tonne. from 2019 to 2020, the growth in terms of the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per tonne), while the price for Russia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives in the world?
+
China (21M tonnes) remains the largest alcohols consuming country worldwide, accounting for 29% of total volume. Moreover, alcohols consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (7.6M tonnes), threefold. The third position in this ranking was occupied by India (5.8M tonnes), with a 7.8% share.
What are the largest producers of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives in the world?
+
The countries with the highest volumes of alcohols production in 2020 were Saudi Arabia (12M tonnes), the U.S. (8.7M tonnes) and Trinidad and Tobago (4.7M tonnes), with a combined 36% share of global production. These countries were followed by Iran, Russia, Oman, India, Germany, Canada, Malaysia, Venezuela, Egypt and Indonesia, which together accounted for a further 38%.
What are the leading suppliers of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives to Slovakia?
+
In value terms, the largest alcohols suppliers to Slovakia were Russia ($11M), Germany ($8.7M) and Poland ($4.7M), together accounting for 70% of total imports.
What are the leading importers of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives from Slovakia?
+
In value terms, Hungary ($10M) remains the key foreign market for alcohols exports from Slovakia, comprising 49% of total exports. The second position in the ranking was occupied by Germany ($2.4M), with a 11% share of total exports.
What is the average export price for alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives in Slovakia?
+
In 2020, the average alcohols export price amounted to $451 per tonne, shrinking by -27% against the previous year.
What is the average import price for alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives in Slovakia?
+
In 2020, the average alcohols import price amounted to $405 per tonne, reducing by -7.3% against the previous year.

Product coverage:
• Prodcom 20142210 - Methanol (methyl alcohol)
• Prodcom 20142220 - Propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol)
• Prodcom 20142230 - Butan-1-ol (n-butyl alcohol)
• Prodcom 20142240 - Butanols (excluding butan-1-ol (n-butyl alcohol))
• Prodcom 20142263 - Octanol (octyl alcohol) and isomers thereof
• Prodcom 20142265 - Lauryl alcohol, cetyl alcohol, stearyl alcohol and other saturated monohydric alcohols (excluding methyl, propyl and isopropyl, n-butyl, other butanols, octyl)
• Prodcom 20142270 - Unsaturated monohydric alcohols
• Prodcom 20142310 - Ethylene glycol (ethanediol)
• Prodcom 20142320 - Propylene glycol (propane-1,2-diol)
• Prodcom 20142333 - D-glucitol (sorbitol)
• Prodcom 20142339 - Diols and polyhydric alcohols (excluding ethylene glycol and propylene glycol, D-glucitol)
• Prodcom 20142350 - Halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols
• Prodcom 20142360 - Glycerol (including synthetic, excluding crude, waters and lyes)
• Prodcom 20142373 - Cyclanic, cyclenic or cycloterpenic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives
• Prodcom 20142375 - Aromatic alcohols and their halogenated, sulphonated, n itrated or nitrosated derivatives

This report provides an in-depth analysis of the alcohols 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 2025.


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:
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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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