Slovakia: Market for Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres 2023

Market Size for Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres in Slovakia

In 2021, the Slovak market for bed linen of other woven textiles and non-woven man-made fibres was finally on the rise to reach $X after two years of decline. Overall, consumption recorded a strong expansion. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Production of Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres in Slovakia

In value terms, production of bed linen of other woven textiles and non-woven man-made fibres soared to $X in 2021 estimated in export price. In general, production continues to indicate significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 265%. Production of peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Exports of Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres

Exports from Slovakia

In 2021, shipments abroad of bed linen of other woven textiles and non-woven man-made fibres decreased by -21.7% to X tons, falling for the third year in a row after three years of growth. Overall, exports, however, posted perceptible growth. The most prominent rate of growth was recorded in 2017 with an increase of 58%. Over the period under review, the exports of reached the maximum at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of bed linen of other woven textiles and non-woven man-made fibres dropped sharply to $X in 2021. In general, exports showed a mild downturn. The pace of growth appeared the most rapid in 2016 with an increase of 80%. Over the period under review, the exports of hit record highs at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

The Czech Republic (X tons) was the main destination for exports of bed linen of other woven textiles and non-woven man-made fibres from Slovakia, accounting for a 54% share of total exports. Moreover, exports of bed linen of other woven textiles and non-woven man-made fibres to the Czech Republic exceeded the volume sent to the second major destination, Poland (X tons), twofold. Austria (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Czech Republic totaled +13.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+0.0% per year) and Austria (+13.0% per year).

In value terms, the largest markets for bed linen of other woven textiles and non-woven man-made fibres exported from Slovakia were Hungary ($X), the Czech Republic ($X) and Austria ($X), with a combined 75% share of total exports. Poland, Germany and Italy lagged somewhat behind, together accounting for a further 20%.

Among the main countries of destination, Italy, with a CAGR of +183.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for bed linen of other woven textiles and non-woven man-made fibres stood at $X per ton in 2021, waning by -3.6% against the previous year. Overall, the export price continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2020 an increase of 43% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Hungary ($X per ton), while the average price for exports to the Czech Republic ($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 Hungary (+65.8%), while the prices for the other major destinations experienced a decline.

Imports of Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres

Imports into Slovakia

In 2021, approx. X tons of bed linen of other woven textiles and non-woven man-made fibres were imported into Slovakia; which is down by -6.9% against 2020 figures. Over the period under review, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of 97%. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of bed linen of other woven textiles and non-woven man-made fibres declined to $X in 2021. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 87%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

Poland (X tons), Germany (X tons) and the Czech Republic (X tons) were the main suppliers of imports of bed linen of other woven textiles and non-woven man-made fibres to Slovakia, with a combined 82% share of total imports. Pakistan, France, China, Austria, India and Bangladesh lagged somewhat behind, together comprising a further 16%.

From 2012 to 2021, the biggest increases were in France (with a CAGR of +19.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Pakistan ($X) constituted the largest supplier of bed linen of other woven textiles and non-woven man-made fibres to Slovakia, comprising 41% of total imports. The second position in the ranking was held by Germany ($X), with a 19% share of total imports. It was followed by Poland, with a 15% share.

From 2012 to 2021, the average annual growth rate of value from Pakistan stood at +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+9.3% per year) and Poland (+25.2% per year).

Import Prices by Country

In 2021, the average import price for bed linen of other woven textiles and non-woven man-made fibres amounted to $X per ton, shrinking by -7.9% against the previous year. Over the period under review, the import price, however, showed a strong expansion. The pace of growth appeared the most rapid in 2020 an increase of 132%. As a result, import price attained the peak level of $X per ton, and then declined in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+55.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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