Slovakia: Market for Bed Linen Of Cotton 2023

Market Size for Bed Linen Of Cotton in Slovakia

The Slovak bed linen of cotton market dropped markedly to $X in 2021, reducing by -16.5% against the previous year. In general, consumption continues to indicate a perceptible setback. Bed linen of cotton consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Production of Bed Linen Of Cotton in Slovakia

In value terms, bed linen of cotton production surged to $X in 2021 estimated in export price. Over the period under review, the total production indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -24.5% against 2018 indices. The pace of growth appeared the most rapid in 2013 with an increase of 55% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Bed Linen Of Cotton

Exports from Slovakia

In 2021, overseas shipments of bed linen of cotton increased by 5.5% to X tons, rising for the third year in a row after two years of decline. Over the period under review, total exports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +8.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +57.1% against 2018 indices. The pace of growth appeared the most rapid in 2019 with an increase of 24% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, bed linen of cotton exports rose rapidly to $X in 2021. Overall, total exports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +7.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +93.5% against 2015 indices. The pace of growth was the most pronounced in 2020 with an increase of 23%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons) was the main destination for bed linen of cotton exports from Slovakia, accounting for a 43% share of total exports. Moreover, bed linen of cotton exports to Germany exceeded the volume sent to the second major destination, Austria (X tons), twofold. The third position in this ranking was taken by the Czech Republic (X tons), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +14.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+15.3% per year) and the Czech Republic (+6.2% per year).

In value terms, Germany ($X) remains the key foreign market for bed linen of cotton exports from Slovakia, comprising 52% of total exports. The second position in the ranking was taken by Austria ($X), with a 16% share of total exports. It was followed by the Czech Republic, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +13.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+13.6% per year) and the Czech Republic (+1.9% per year).

Export Prices by Country

The average bed linen of cotton export price stood at $X per ton in 2021, with an increase of 3.2% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 22% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Switzerland ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+5.0%), while the prices for the other major destinations experienced a decline.

Imports of Bed Linen Of Cotton

Imports into Slovakia

In 2021, imports of bed linen of cotton into Slovakia reached X tons, growing by 8.6% compared with the previous year's figure. The total import volume increased at an average annual rate of +2.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when imports increased by 45%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, bed linen of cotton imports expanded remarkably to $X in 2021. The total import value increased at an average annual rate of +3.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of 39% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Germany (X tons), Poland (X tons) and Pakistan (X tons) were the main suppliers of bed linen of cotton imports to Slovakia, with a combined 67% share of total imports. Austria, Turkey, the Czech Republic, Switzerland, India and Bangladesh lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +35.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest bed linen of cotton suppliers to Slovakia were Germany ($X), Poland ($X) and Austria ($X), together comprising 63% of total imports.

Among the main suppliers, Austria, with a CAGR of +31.2%, saw the highest rates of growth with regard to 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 bed linen of cotton import price stood at $X per ton in 2021, picking up by 4.9% against the previous year. Over the last nine years, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2013 an increase of 15%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :