Slovakia: Polyethylene Binder Market 2024

Polyethylene Binder Market Size in Slovakia

The Slovak polyethylene binder market reduced to $X in 2022, with a decrease of X% against the previous year. In general, consumption, however, saw a moderate increase. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Polyethylene Binder Production in Slovakia

In value terms, polyethylene binder production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

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Polyethylene Binder Exports

Exports from Slovakia

In 2022, approx. X tons of polyethylene or polypropylene binder or baler (agricultural) twines were exported from Slovakia; which is down by X% on the year before. In general, exports, however, recorded a noticeable expansion. The pace of growth was the most pronounced in 2018 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, polyethylene binder exports shrank notably to $X in 2022. Over the period under review, exports, however, saw a noticeable expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Hungary (X tons), the Czech Republic (X tons) and Serbia (X kg) were the main destinations of polyethylene binder exports from Slovakia, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for polyethylene binder exported from Slovakia were the Czech Republic ($X), Hungary ($X) and Serbia ($X), together comprising X% of total exports.

Among the main countries of destination, Hungary, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average polyethylene binder export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were the Czech Republic ($X per ton) and Serbia ($X per ton), while the average price for exports to Hungary ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Polyethylene Binder Imports

Imports into Slovakia

In 2022, approx. X tons of polyethylene or polypropylene binder or baler (agricultural) twines were imported into Slovakia; shrinking by X% on the year before. Over the period under review, imports showed a mild descent. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2021, and then shrank significantly in the following year.

In value terms, polyethylene binder imports fell notably to $X in 2022. In general, imports recorded a pronounced downturn. The pace of growth appeared the most rapid in 2016 with an increase of X%. Imports peaked at $X in 2021, and then contracted dramatically in the following year.

Imports by Country

In 2022, the Czech Republic (X tons) constituted the largest polyethylene binder supplier to Slovakia, accounting for a X% share of total imports. Moreover, polyethylene binder imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Hungary (X tons), threefold. The third position in this ranking was held by Germany (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Czech Republic was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (X% per year) and Germany (X% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of polyethylene or polypropylene binder or baler (agricultural) twines to Slovakia, comprising X% of total imports. The second position in the ranking was held by Hungary ($X), with an X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the Czech Republic amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average polyethylene binder import price amounted to $X per ton, remaining stable against the previous year. Overall, the import price recorded a slight decline. The pace of growth was the most pronounced in 2016 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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