Price for Ethylene Polymers; Waste, Parings and Scrap in Slovakia - 2023

Contents:

1. Price for Ethylene Polymers; Waste, Parings and Scrap in Slovakia (CIF) - 2023
2. Price for Ethylene Polymers; Waste, Parings and Scrap in Slovakia (FOB) - 2022
3. Imports of Ethylene Polymers; Waste, Parings and Scrap in Slovakia
4. Exports of Ethylene Polymers; Waste, Parings and Scrap in Slovakia

Price for Ethylene Polymers; Waste, Parings and Scrap in Slovakia (CIF) - 2023

The average import price for ethylene polymers; waste, parings and scraps stood at $336 per ton in October 2023, waning by -13.8% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 72% month-to-month. The import price peaked at $423 per ton in April 2023; however, from May 2023 to October 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Slovenia ($397 per ton), while the price for Austria ($245 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Ethylene Polymers; Waste, Parings and Scrap in Slovakia (FOB) - 2022

The average export price for ethylene polymers; waste, parings and scraps stood at $535 per ton in 2022, increasing by 61% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $573 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($729 per ton), while the average price for exports to Poland ($304 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 Hong Kong SAR (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ethylene Polymers; Waste, Parings and Scrap in Slovakia

In 2022, the amount of ethylene polymers; waste, parings and scraps imported into Slovakia surged to 12K tons, rising by 85% against the year before. In general, imports posted prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of ethylene polymers; waste, parings and scraps surged to $4M in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to Slovakia in 2022:

1. Hungary (5.9K tons)
2. Austria (4.8K tons)
3. Slovenia (0.6K tons)
4. Netherlands (0.2K tons)
5. Czech Republic (0.2K tons)

Exports of Ethylene Polymers; Waste, Parings and Scrap in Slovakia

In 2022, shipments abroad of ethylene polymers; waste, parings and scraps decreased by -19.5% to 6.9K tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 13%. As a result, the exports attained the peak of 11K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of ethylene polymers; waste, parings and scraps skyrocketed to $3.7M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.1% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from Slovakia in 2022:

1. Netherlands (1776.8 tons)
2. Czech Republic (1371.7 tons)
3. Poland (943.9 tons)
4. Germany (917.7 tons)
5. Austria (563.8 tons)
6. Slovenia (490.8 tons)
7. Ukraine (353.8 tons)
8. Hungary (36.2 tons)

Source: IndexBox Market Intelligence Platform