Slovakia: Hat And Headgear Market 2024

Hat And Headgear Market Size in Slovakia

The Slovak hat and headgear market dropped to $X in 2022, which is down by X% against the previous year. In general, consumption, however, posted a tangible increase. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Hat And Headgear Production in Slovakia

In value terms, hat and headgear production amounted to $X in 2022 estimated in export price. Overall, production showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 when the production volume increased by X,971%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Hat And Headgear Exports

Exports from Slovakia

In 2022, overseas shipments of hats and other headgear were finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. In general, exports saw a prominent expansion. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, hat and headgear exports surged to $X in 2022. Overall, exports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

The Czech Republic (X units), Poland (X units) and Austria (X units) were the main destinations of hat and headgear exports from Slovakia, with a combined X% share of total exports. Hungary, Germany, Romania and Italy lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Germany ($X) and Poland ($X) appeared to be the largest markets for hat and headgear exported from Slovakia worldwide, with a combined X% share of total exports. Austria, Hungary, Romania and Italy lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Italy, with a CAGR of X%, saw the highest growth rate of 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 hat and headgear export price stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2021, and then reduced sharply in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Austria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced mixed trend patterns.

Hat And Headgear Imports

Imports into Slovakia

In 2022, approx. X units of hats and other headgear were imported into Slovakia; jumping by X% against the previous year's figure. In general, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, hat and headgear imports rose remarkably to $X in 2022. Over the period under review, total imports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Poland (X units) constituted the largest hat and headgear supplier to Slovakia, accounting for a X% share of total imports. Moreover, hat and headgear imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The third position in this ranking was taken by the Czech Republic (X units), with a X% share.

From 2012 to 2022, 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: Germany (X% per year) and the Czech Republic (X% per year).

In value terms, the largest hat and headgear suppliers to Slovakia were Germany ($X), Poland ($X) and the Czech Republic ($X), together comprising X% of total imports. China, Hungary, the Netherlands and Slovenia lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Slovenia, 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 hat and headgear import price stood at $X per unit in 2022, which is down by X% against the previous year. In general, the import price recorded a pronounced decline. The pace of growth appeared the most rapid in 2020 an increase of X%. Over the period under review, average import prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :