Slovakia: Artificial Fur Market 2022

Artificial Fur Market Size in Slovakia

The Slovak artificial fur market rose sharply to $X in 2021, growing by X% against the previous year. Overall, consumption, however, saw a slight setback. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Artificial Fur Production in Slovakia

In value terms, artificial fur production reached $X in 2021 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Artificial Fur Exports

Exports from Slovakia

In 2021, the amount of artificial fur exported from Slovakia soared to X tons, surging by X% against the previous year. In general, exports saw a buoyant expansion. The growth pace was the most rapid in 2018 when exports increased by X%. The exports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, artificial fur exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The Czech Republic (X tons), Italy (X kg) and Poland (X kg) were the main destinations of artificial fur exports from Slovakia, with a combined X% share of total exports. These countries were followed by Germany, which accounted for a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for artificial fur exported from Slovakia were the Czech Republic ($X), Italy ($X) and Poland ($X), with a combined X% share of total exports. Germany lagged somewhat behind, comprising a further X, with a CAGR of +X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average artificial fur export price amounted to $X per ton, surging by X% against the previous year. Overall, the export price enjoyed a noticeable expansion. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2021, the countries with the highest prices were the Czech Republic ($X per ton) and Poland ($X per ton), while the average price for exports to Italy ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Artificial Fur Imports

Imports into Slovakia

In 2021, overseas purchases of artificial fur decreased by -X% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, imports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth imports remained at a lower figure.

In value terms, artificial fur imports declined to $X in 2021. In general, imports recorded prominent growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2021, Poland (X tons) constituted the largest supplier of artificial fur to Slovakia, accounting for a X% share of total imports. Moreover, artificial fur imports from Poland exceeded the figures recorded by the second-largest supplier, Italy (X kg), twofold. The third position in this ranking was occupied by Germany (X kg), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Poland stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Germany (+X% per year).

In value terms, the largest artificial fur suppliers to Slovakia were Italy ($X), the Netherlands ($X) and Germany ($X), together comprising X% of total imports.

Among the main suppliers, the Netherlands, with a CAGR of +X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average artificial fur import price stood at $X per ton in 2021, with an increase of X% against the previous year. In general, the import price recorded strong growth. The growth pace was the most rapid in 2020 when the average import price increased by X%. The import price peaked in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform