Vinyl ester and other vinyl polymers in primary forms market in Slovakia

Earlier Report Observations

The Slovak market for vinyl ester and other vinyl polymers in primary forms showed considerable movement between 2018 and 2024. Consumption began at 6.3 thousand metric tons in 2018, dipped to 5.7 thousand metric tons the following year, and recovered to 6.2 thousand metric tons by 2021. A sharp expansion then drove the market to its peak of 8.9 thousand metric tons in 2022.

This upward momentum reversed in 2023, with market volume falling to 7.5 thousand metric tons. The contraction deepened significantly in 2024, as consumption dropped to 3.9 thousand metric tons. Throughout the period, domestic production mirrored this volatility, while both import and export volumes trended steadily downward.

By the end of the observed period, the market had retracted to a level comparable to its earlier state, concluding a cycle marked by a distinct surge and subsequent rapid decline in domestic consumption.

Production vinyl ester and other vinyl polymers in primary forms in Slovakia

In kind, 2017-2020, t

In 2019, Slovakia produced 6 187 tonnes of vinyl ester and other vinyl polymers in primary forms, marking an 8.0% decrease from the previous year. The highest production level was recorded in 2018 at 6 723 tonnes, which also saw the largest annual increase of 9.3%.

Annual dynamics of production in Slovakia in kind, 2017-2020, t

Exports vinyl ester and other vinyl polymers in primary forms from Slovakia

Exports in kind, t

In 2020, Slovakia exported 4 696 tonnes of vinyl ester and other vinyl polymers in primary forms, showing little change from 2019. The peak export volume occurred in 2018 at 5 002 tonnes. The most significant decline was in 2019 at 6.2%, while the largest increase was in 2018 at 7.2%.

Annual dynamics of product's exports from Slovakia in kind, 2017-2020, t

Between 2017 and 2020, Czechia and Poland were the dominant destinations for Slovakia's exports of vinyl ester and other vinyl polymers in primary forms. Czechia accounted for 69.9% of total export flows, and Poland for 11.8%, together making up 81.6% of all exports in kind, with other partners comprising the remainder.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Slovakia in kind, 2017-2020

Exports in value, K $ US

Slovakia's exports of vinyl ester and other vinyl polymers in primary forms declined for the second consecutive year. In 2020, export value stood at 4 991 thousand US dollars, remaining stable compared to the prior year. Over the 2017-2020 period, exports grew by 5.5%, with a compound annual growth rate of 1.8%. The highest value was recorded in 2018 at 5 508 thousand US dollars. The most substantial decrease occurred in 2019 at 9.1%, while the largest increase was in 2018 at 16.4%.

Annual dynamics of product's exports from Slovakia in value, 2017-2020, K $ US

From 2017 to 2020, the main buyers of vinyl ester and other vinyl polymers in primary forms from Slovakia in value terms were Czechia, Poland, and Italy. Czechia represented 60.8% of export value, Poland 10.5%, and Italy 9.6%, collectively accounting for 81.0% of total exports in value terms.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Slovakia in value, 2017-2020

Imports vinyl ester and other vinyl polymers in primary forms to Slovakia

Imports in kind, t

Imports of vinyl ester and other vinyl polymers in primary forms into Slovakia fell for the third year in a row. In 2020, imports totaled 3 636 tonnes, reflecting a significant decline of 13.0% from 2019. Over the 2017-2020 period, imports dropped by 29.8%, with a compound annual growth rate of -11.1%.

Annual dynamics of product's imports to Slovakia in kind, 2017-2020, t

During 2017-2020, three key markets—Germany, Poland, and Austria—collectively absorbed 78.9% of Slovakia's total imports in kind of vinyl ester and other vinyl polymers in primary forms.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Slovakia in kind, 2017-2020

Imports in value, K $ US

Deliveries of vinyl ester and other vinyl polymers in primary forms to Slovakia decreased for the third consecutive year. In 2020, import value reached 7 105 thousand US dollars, which is 12.7% lower than the previous year. Over the 2017-2020 period, imports fell by 30%, with a compound annual growth rate of -11.2%.

Annual dynamics of product's imports to Slovakia in value, 2017-2020, K $ US

Throughout 2017-2020, Germany, Czechia, and Austria formed the principal group of partners for Slovakia's imports of vinyl ester and other vinyl polymers in primary forms in value terms. Germany accounted for 65.2% of import value, Czechia for 6.1%, and Austria for 5.3%, together representing 76.6% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Slovakia in value, 2017-2020