Price for Textiles; Worn Clothing and Other Worn Articles in Slovakia - 2023
Contents:
- Price for Textiles; Worn Clothing and Other Worn Articles in Slovakia (CIF) - 2023
- Price for Textiles; Worn Clothing and Other Worn Articles in Slovakia (FOB) - 2022
- Imports of Textiles; Worn Clothing and Other Worn Articles in Slovakia
- Exports of Textiles; Worn Clothing and Other Worn Articles in Slovakia
Price for Textiles; Worn Clothing and Other Worn Articles in Slovakia (CIF) - 2023
The average import price for textiles; worn clothing and other worn articleses stood at $1,470 per ton in December 2023, with an increase of 83% against the previous month. Over the period under review, import price indicated a temperate increase from December 2022 to December 2023: its price increased at an average monthly rate of +2.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for textiles; worn clothing and other worn articleses increased by +83.4% against November 2023 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($7,372 per ton), while the price for Norway ($967 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Textiles; Worn Clothing and Other Worn Articles in Slovakia (FOB) - 2022
In 2022, the average export price for textiles; worn clothing and other worn articleses amounted to $1,124 per ton, declining by -5.5% against the previous year. In general, the export price continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2021 an increase of 20%. Over the period under review, the average export prices hit record highs at $1,305 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($2,969 per ton), while the average price for exports to India ($213 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 Turkey (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Textiles; Worn Clothing and Other Worn Articles in Slovakia
In 2022, imports of textiles; worn clothing and other worn articleses into Slovakia stood at 36K tons, approximately mirroring 2021. The total import volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 12%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of textiles; worn clothing and other worn articleses reduced dramatically to $36M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 34% against the previous year. As a result, imports attained the peak of $45M, and then declined notably in the following year.
Import of Textiles; Worn Clothing and Other Worn Articles in Slovakia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 3.4 | 4.7 | 6.8 | 11.2 | 48.8% |
Poland | 14.1 | 8.2 | 4.5 | 5.2 | -28.3% |
Germany | 2.1 | 3.4 | 14.4 | 4.5 | 28.9% |
Austria | 2.2 | 2.3 | 1.3 | 3.3 | 14.5% |
Denmark | 1.7 | 5.2 | 6.8 | 2.4 | 12.2% |
Sweden | 1.5 | 1.9 | 1.9 | 1.9 | 8.2% |
Belgium | 0.3 | 1.1 | 1.4 | 1.5 | 71.0% |
Netherlands | 1.3 | 1.1 | 0.6 | 1.3 | 0.0% |
Norway | 0.5 | 1.0 | 1.4 | 1.3 | 37.5% |
France | 0.4 | 0.5 | 0.5 | 1.2 | 44.2% |
Romania | 0.1 | N/A | 0.4 | 0.1 | 0.0% |
Others | 9.6 | 4.0 | 4.6 | 2.2 | -38.8% |
Total | 37.1 | 33.4 | 44.8 | 36.2 | -0.8% |
Top Suppliers of Textiles; Worn Clothing and Other Worn Articles to Slovakia in 2022:
- Italy (11.0K tons)
- Germany (5.4K tons)
- Austria (4.1K tons)
- Sweden (2.9K tons)
- Poland (2.6K tons)
- France (2.3K tons)
- Denmark (2.0K tons)
- Norway (1.6K tons)
- Belgium (1.2K tons)
- Netherlands (0.8K tons)
- Romania (0.2K tons)
Exports of Textiles; Worn Clothing and Other Worn Articles in Slovakia
In 2022, exports of textiles; worn clothing and other worn articleses from Slovakia expanded significantly to 23K tons, growing by 5.2% on 2021. Over the period under review, exports recorded a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of textiles; worn clothing and other worn articleses shrank slightly to $25M in 2022. The total export value increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 25% against the previous year. As a result, the exports reached the peak of $26M, leveling off in the following year.
Export of Textiles; Worn Clothing and Other Worn Articles in Slovakia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Benin | 3.0 | 3.6 | 3.3 | 4.4 | 13.6% |
Czech Republic | 3.9 | 2.6 | 2.1 | 3.4 | -4.5% |
Romania | 2.5 | 1.7 | 3.4 | 2.8 | 3.8% |
Croatia | 2.4 | 2.0 | 2.1 | 2.1 | -4.4% |
Serbia | 1.6 | 1.2 | 1.5 | 1.5 | -2.1% |
Bosnia and Herzegovina | 0.8 | 0.7 | 1.0 | 1.2 | 14.5% |
Pakistan | 0.5 | 0.6 | 0.9 | 1.1 | 30.1% |
Togo | 0.9 | 0.7 | 1.3 | 1.0 | 3.6% |
Hungary | 1.9 | 2.3 | 1.8 | 0.7 | -28.3% |
Turkey | N/A | 0.1 | 0.1 | 0.4 | 100.0% |
Lithuania | N/A | 0.1 | 0.5 | 0.3 | 73.2% |
United Arab Emirates | N/A | 0.1 | 0.2 | 0.2 | 41.4% |
India | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
Others | 5.6 | 4.7 | 7.2 | 6.0 | 2.3% |
Total | 23.2 | 20.5 | 25.6 | 25.4 | 3.1% |
Top Export Markets for Textiles; Worn Clothing and Other Worn Articles from Slovakia in 2022:
- Benin (4.7K tons)
- Pakistan (3.8K tons)
- Hungary (1.7K tons)
- Togo (1.3K tons)
- Romania (1.2K tons)
- Czech Republic (1.2K tons)
- India (1.1K tons)
- Croatia (0.9K tons)
- United Arab Emirates (0.8K tons)
- Serbia (0.7K tons)
- Turkey (0.6K tons)
- Bosnia and Herzegovina (0.5K tons)
- Lithuania (0.5K tons)
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