Slovakia: Plastic Reservoir Market 2024

Plastic Reservoir Market Size in Slovakia

In 2022, the Slovak plastic reservoir market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption continues to indicate slight growth. Plastic reservoir consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Plastic Reservoir Production in Slovakia

In value terms, plastic reservoir production declined to $X in 2022 estimated in export price. Over the period under review, production saw a pronounced slump. The growth pace was the most rapid in 2016 with an increase of X%. Plastic reservoir production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Plastic Reservoir Exports

Exports from Slovakia

In 2022, after three years of growth, there was significant decline in shipments abroad of plastic reservoirs, tanks and vats, when their volume decreased by X% to X tons. Overall, exports, however, showed a prominent expansion. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then fell significantly in the following year.

In value terms, plastic reservoir exports shrank to $X in 2022. Over the period under review, exports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The exports peaked at $X in 2021, and then dropped in the following year.

Exports by Country

Germany (X tons) was the main destination for plastic reservoir exports from Slovakia, accounting for a X% share of total exports. Moreover, plastic reservoir exports to Germany exceeded the volume sent to the second major destination, Belgium (X tons), twofold. The third position in this ranking was taken by Hungary (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Hungary (X% per year).

In value terms, Germany ($X) remains the key foreign market for plastic reservoirs, tanks and vats exports from Slovakia, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with an X% share of total exports. It was followed by Austria, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Austria (X% per year).

Export Prices by Country

In 2022, the average plastic reservoir export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price saw a measured expansion. The pace of growth appeared the most rapid in 2014 an increase of X%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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 Poland ($X per ton), while the average price for exports to Ukraine ($X 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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Reservoir Imports

Imports into Slovakia

In 2022, the amount of plastic reservoirs, tanks and vats imported into Slovakia expanded notably to X tons, picking up by X% on the year before. Over the period under review, imports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, plastic reservoir imports soared to $X in 2022. In general, imports continue to indicate a buoyant increase. The growth pace was the most rapid in 2015 when imports increased by X%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Poland (X tons), Hungary (X tons) and the Czech Republic (X tons) were the main suppliers of plastic reservoir imports to Slovakia, together accounting for X% of total imports. Germany, Austria, Finland, Slovenia and Italy lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic reservoir suppliers to Slovakia were Germany ($X), Poland ($X) and the Czech Republic ($X), with a combined X% share of total imports. Hungary, Finland, Austria, Slovenia and Italy lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Slovenia, with a CAGR of X%, 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 plastic reservoir import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform