Slovakia: Saturated Acyclic Hydrocarbons Market 2024

Saturated Acyclic Hydrocarbons Market Size in Slovakia

The Slovak saturated acyclic hydrocarbons market surged to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption, however, continues to indicate a deep slump. Saturated acyclic hydrocarbons consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Saturated Acyclic Hydrocarbons Production in Slovakia

In value terms, saturated acyclic hydrocarbons production expanded rapidly to $X in 2022 estimated in export price. In general, production, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Saturated acyclic hydrocarbons production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Saturated Acyclic Hydrocarbons Exports

Exports from Slovakia

In 2022, overseas shipments of saturated acyclic hydrocarbons decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, exports showed a abrupt slump. The pace of growth was the most pronounced in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2021, and then declined remarkably in the following year.

In value terms, saturated acyclic hydrocarbons exports shrank remarkably to $X in 2022. Overall, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2021, and then contracted rapidly in the following year.

Exports by Country

Hungary (X tons) was the main destination for saturated acyclic hydrocarbons exports from Slovakia, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Hungary amounted to X%.

In value terms, Hungary ($X) also remains the key foreign market for saturated acyclic hydrocarbons exports from Slovakia.

From 2012 to 2022, the average annual rate of growth in terms of value to Hungary stood at X%.

Export Prices by Country

In 2022, the average saturated acyclic hydrocarbons export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price, however, continues to indicate a mild reduction. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Hungary.

From 2012 to 2022, the rate of growth in terms of prices for Hungary amounted to X% per year.

Saturated Acyclic Hydrocarbons Imports

Imports into Slovakia

In 2022, after three years of decline, there was significant growth in supplies from abroad of saturated acyclic hydrocarbons, when their volume increased by X% to X tons. In general, imports enjoyed a prominent increase. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, saturated acyclic hydrocarbons imports surged to $X in 2022. Overall, imports enjoyed a slight expansion. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Hungary (X tons) constituted the largest supplier of saturated acyclic hydrocarbons to Slovakia, accounting for a X% share of total imports. Moreover, saturated acyclic hydrocarbons imports from Hungary exceeded the figures recorded by the second-largest supplier, Poland (X tons), threefold. The Czech Republic (X tons) ranked third in terms of total imports with an X% share.

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

In value terms, Hungary ($X) constituted the largest supplier of saturated acyclic hydrocarbons to Slovakia, comprising X% of total imports. The second position in the ranking was held by Poland ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

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

Import Prices by Country

In 2022, the average saturated acyclic hydrocarbons import price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the import price showed a abrupt slump. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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