Slovakia: Market for Unsaturated Polyesters In Primary Forms 2024

Market Size for Unsaturated Polyesters In Primary Forms in Slovakia

The Slovak market for unsaturated polyesters in primary forms surged to $X in 2023, picking up by X% against the previous year. Overall, the total consumption indicated a notable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2020 indices. Unsaturated polyesters in primary forms consumption peaked in 2023 and is likely to continue growth in the immediate term.

Production of Unsaturated Polyesters In Primary Forms in Slovakia

In value terms, unsaturated polyesters in primary forms production rose rapidly to $X in 2023 estimated in export price. In general, production saw a modest expansion. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2022 to 2023, production growth remained at a somewhat lower figure.

Exports of Unsaturated Polyesters In Primary Forms

Exports from Slovakia

After two years of growth, shipments abroad of unsaturated polyesters in primary forms decreased by X% to X tons in 2023. In general, exports showed a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.

In value terms, unsaturated polyesters in primary forms exports dropped rapidly to $X in 2023. Over the period under review, exports recorded a noticeable curtailment. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2022, and then shrank remarkably in the following year.

Exports by Country

Germany (X tons) was the main destination for unsaturated polyesters in primary forms exports from Slovakia, with a X% share of total exports. Moreover, unsaturated polyesters in primary forms exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X tons), fivefold. Poland (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Poland (X% per year).

In value terms, Germany ($X) remains the key foreign market for unsaturated polyesters in primary forms exports from Slovakia, comprising X% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Poland (X% per year).

Export Prices by Country

The average export price for unsaturated polyesters in primary forms stood at $X per ton in 2023, picking up by X% against the previous year. Overall, export price indicated a moderate expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, unsaturated polyesters in primary forms export price increased by X% against 2016 indices. The growth pace was the most rapid in 2017 an increase of X%. The export price peaked in 2023 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Unsaturated Polyesters In Primary Forms

Imports into Slovakia

In 2023, after two years of growth, there was significant decline in overseas purchases of unsaturated polyesters in primary forms, when their volume decreased by X% to X tons. Over the period under review, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at X tons in 2022, and then contracted remarkably in the following year.

In value terms, unsaturated polyesters in primary forms imports shrank dramatically to $X in 2023. Overall, total imports indicated a pronounced expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at $X in 2022, and then reduced rapidly in the following year.

Imports by Country

In 2023, Italy (X tons) constituted the largest supplier of unsaturated polyesters in primary forms to Slovakia, accounting for a X% share of total imports. Moreover, unsaturated polyesters in primary forms imports from Italy exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), twofold. The third position in this ranking was taken by the Netherlands (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Italy stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and the Netherlands (X% per year).

In value terms, the largest unsaturated polyesters in primary forms suppliers to Slovakia were Italy ($X), the Czech Republic ($X) and the Netherlands ($X), together comprising X% of total imports.

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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 import price for unsaturated polyesters in primary forms stood at $X per ton in 2023, with an increase of X% against the previous year. Over the period under review, the import price, however, showed a noticeable setback. The pace of growth appeared the most rapid in 2016 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2023, 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 ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Slovenia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform