Petroleum Jelly Price in Slovakia - 2023
Contents:
- Petroleum Jelly Price in Slovakia (CIF) - 2022
- Petroleum Jelly Price in Slovakia (FOB) - 2022
- Petroleum Jelly Imports in Slovakia
- Petroleum Jelly Exports in Slovakia
Petroleum Jelly Price in Slovakia (CIF) - 2022
The average petroleum jelly import price stood at $2,945 per ton in 2022, rising by 9.7% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 43%. The import price peaked at $5,403 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($7,976 per ton), while the price for Hungary ($1,081 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Petroleum Jelly Price in Slovakia (FOB) - 2022
The average petroleum jelly export price stood at $399 per ton in 2022, waning by -61.3% against the previous year. In general, the export price faced a precipitous descent. The pace of growth appeared the most rapid in 2020 an increase of 107% against the previous year. As a result, the export price attained the peak level of $12,601 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($12,033 per ton), while the average price for exports to Sweden ($204 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+35.6%), while the prices for the other major destinations experienced mixed trend patterns.
Petroleum Jelly Imports in Slovakia
In 2022, imports of petroleum jellies into Slovakia shrank remarkably to 262 tons, falling by -50.9% on 2021 figures. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 145% against the previous year. As a result, imports attained the peak of 533 tons, and then shrank notably in the following year.
In value terms, petroleum jelly imports shrank rapidly to $771K in 2022. Overall, imports showed a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 22% against the previous year. As a result, imports reached the peak of $1.4M, and then fell remarkably in the following year.
| Import of Petroleum Jelly in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 487 | 379 | 323 | 195 | -26.3% |
| Czech Republic | 483 | 573 | 572 | 191 | -26.6% |
| Netherlands | 0.3 | 39.1 | 83.0 | 118 | 632.7% |
| Hungary | 54.7 | 57.0 | 83.1 | 46.6 | -5.2% |
| Poland | 3.0 | 0.2 | 18.4 | 19.6 | 86.9% |
| Italy | 1.4 | 2.0 | 292 | 0.2 | -47.7% |
| Slovenia | 92.8 | 54.2 | N/A | N/A | -41.6% |
| Others | 61.2 | 71.1 | 59.3 | 200 | 48.4% |
| Total | 1,183 | 1,176 | 1,431 | 771 | -13.3% |
Top Suppliers of Petroleum Jelly to Slovakia in 2022:
- Germany (82.2 tons)
- Czech Republic (77.4 tons)
- Hungary (43.1 tons)
- Netherlands (25.8 tons)
- Poland (5.0 tons)
- Italy (0.1 tons)
Petroleum Jelly Exports in Slovakia
In 2022, approx. 160 tons of petroleum jellies were exported from Slovakia; with an increase of 35% on the year before. In general, exports enjoyed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 1,230%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, petroleum jelly exports declined remarkably to $64K in 2022. Overall, exports, however, showed a sharp contraction. The growth pace was the most rapid in 2021 when exports increased by 8.9% against the previous year.
| Export of Petroleum Jelly in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | N/A | N/A | N/A | 29.3 | 0% |
| Germany | 19.8 | N/A | 13.6 | 3.3 | -45.0% |
| Spain | 3.0 | N/A | 24.1 | 2.7 | -3.5% |
| Sweden | 0.8 | N/A | N/A | 1.1 | 11.2% |
| Italy | 0.1 | N/A | N/A | 1.0 | 115.4% |
| China | 159 | N/A | N/A | N/A | 0% |
| Others | 31.3 | 112 | 84.3 | 26.5 | -5.4% |
| Total | 214 | 112 | 122 | 63.9 | -33.2% |
Top Export Markets for Petroleum Jelly from Slovakia in 2022:
- Austria (130.6 tons)
- Spain (13.1 tons)
- Sweden (5.3 tons)
- Italy (4.9 tons)
- Germany (0.3 tons)
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