
Slovakia - Cumene - Market Analysis, Forecast, Size, Trends and Insights
Slovakia: Cumene Market 2022
Cumene Market Size in Slovakia
The Slovak cumene market shrank notably to $X in 2021, falling by -25.7% against the previous year. In general, consumption recorded a noticeable decline. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.
Cumene Production in Slovakia
In value terms, cumene production expanded significantly to $X in 2021 estimated in export price. Over the period under review, production recorded a perceptible curtailment. The pace of growth was the most pronounced in 2017 with an increase of 21% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.
Cumene Exports
Exports from Slovakia
In 2017, approx. X kg of cumene were exported from Slovakia; remaining constant against 2016. Overall, exports showed a dramatic curtailment. The exports peaked at X kg in 2015; however, from 2016 to 2017, the exports stood at a somewhat lower figure.
In value terms, cumene exports amounted to $X in 2017. Over the period under review, exports faced a dramatic setback. The exports peaked at $X in 2015; however, from 2016 to 2017, the exports stood at a somewhat lower figure.
Exports by Country
Germany (X kg) was the main destination for cumene exports from Slovakia, accounting for a approx. 100% share of total exports.
From 2015 to 2017, the average annual growth rate of volume to Germany was relatively modest.
From 2015 to 2017, the average annual growth rate of value to Germany was relatively modest.
Export Prices by Country
The average cumene export price stood at $X per ton in 2017, flattening at the previous year. Overall, the export price showed a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2015 to 2017, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.
Cumene Imports
Imports into Slovakia
In 2020, the amount of cumene imported into Slovakia surged to X kg, with an increase of 991% compared with 2019. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cumene imports skyrocketed to $X in 2020. Overall, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2020, Poland (X kg) was the main cumene supplier to Slovakia, with a 100% share of total imports. It was followed by Germany (X kg), with a 0.1% share of total imports.
From 2012 to 2020, the average annual rate of growth in terms of volume from Poland was relatively modest.
In value terms, Poland ($X) constituted the largest supplier of cumene to Slovakia, comprising 99% of total imports. The second position in the ranking was held by Germany ($X), with a 1.1% share of total imports.
From 2012 to 2020, the average annual growth rate of value from Poland was relatively modest.
Import Prices by Country
The average cumene import price stood at $X per ton in 2020, declining by -50.8% against the previous year. Over the period under review, the import price recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2013 when the average import price increased by 58%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2020, import prices failed to regain momentum.
Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Poland amounted to $X per ton.
From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Germany (+25.2%).
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the cumene 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
Recommended reports
This report provides an in-depth analysis of the global cumene market.
This report provides an in-depth analysis of the cumene market in the EU.
This report provides an in-depth analysis of the cumene market in Asia.
This report provides an in-depth analysis of the cumene market in the U.S..
This report provides an in-depth analysis of the cumene market in China.
Join our live webinar to get insights into the global biomass market.
Thursday, October 14th, 2021 @ 04:00 pm ET
Join our live webinar to get insights into the global anhydrous ammonia market.
Tuesday, June 15th, 2021 @ 04:00 pm ET
Join our live webinar to get insights into the global biodiesel market.
Thursday, June 10th, 2021 @ 04:00 pm ET