Slovakia - Ethylene - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Jul 1, 2024

Slovakia - Ethylene - Market Analysis, Forecast, Size, Trends And Insights

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Ethylene Price in Slovakia - 2023

Contents:

  1. Ethylene Price in Slovakia (CIF) - 2023
  2. Ethylene Price in Slovakia (FOB) - 2022
  3. Ethylene Imports in Slovakia
  4. Ethylene Exports in Slovakia

Ethylene Price in Slovakia (CIF) - 2023

In December 2023, the average ethylene import price amounted to $1,319 per ton, falling by -1.9% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 6.6% month-to-month. Over the period under review, average import prices attained the peak figure at $1,429 per ton in April 2023; however, from May 2023 to December 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the Czech Republic.

From December 2022 to December 2023, the rate of growth in terms of prices for Serbia amounted to 0.0% per month.

Ethylene Price in Slovakia (FOB) - 2022

In 2021, the average ethylene export price amounted to $1,972 per ton, remaining stable against the previous year. In general, the export price recorded a dramatic decline. The growth pace was the most rapid in 2017 when the average export price increased by 51%. The export price peaked at $21,500 per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

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

From 2013 to 2021, the rate of growth in terms of prices for the Netherlands amounted to +18.7% per year.

Ethylene Imports in Slovakia

In 2022, the amount of ethylene imported into Slovakia soared to 16K tons, increasing by 99.9% on the year before. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 147% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, ethylene imports soared to $22M in 2022. Overall, imports posted a significant increase. The growth pace was the most rapid in 2021 when imports increased by 312%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.

Import of Ethylene in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic5.72.89.816.141.4%
Serbia2.40.2N/A4.926.9%
UkraineN/AN/AN/A0.60%
HungaryN/AN/A2.0N/A0%
Others0.10.10.80.10.0%
Total8.33.012.521.737.8%

Top Suppliers of Ethylene to Slovakia in 2022:

  1. Czech Republic (12.1K tons)
  2. Serbia (3.3K tons)
  3. Ukraine (0.5K tons)

Ethylene Exports in Slovakia

In 2021, approx. 71 tons of ethylene were exported from Slovakia; remaining relatively unchanged against the previous year's figure. In general, exports continue to indicate a deep setback. The smallest decline of 99.9% was in 2020.

In value terms, ethylene exports totaled $141K in 2021. Over the period under review, exports continue to indicate a pronounced shrinkage. The smallest decline of 99.9% was in 2020.

Export of Ethylene in Slovakia (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Netherlands0.2N/A1412555.2%
Hungary155N/AN/A0%
OthersN/AN/AN/A0%
Total155N/A141-4.6%

Top Export Markets for Ethylene from Slovakia in 2022:

  1. Netherlands (71.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ethylene 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.

Product coverage:

  • Prodcom 20141130 - Ethylene

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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