Slovakia: Textile Wadding Market 2024

Textile Wadding Market Size in Slovakia

The Slovak textile wadding market shrank modestly to $X in 2022, waning by X% against the previous year. In general, consumption showed a perceptible decline. Textile wadding consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Textile Wadding Production in Slovakia

In value terms, textile wadding production fell to $X in 2022 estimated in export price. Over the period under review, production saw a deep contraction. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Textile Wadding Exports

Exports from Slovakia

In 2022, approx. X tons of wadding of textile materials and articles thereof were exported from Slovakia; jumping by X% against 2021 figures. In general, exports recorded a prominent increase. The growth pace was the most rapid in 2013 with an increase of X%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, textile wadding exports rose significantly to $X in 2022. Over the period under review, exports recorded a buoyant increase. The pace of growth appeared the most rapid in 2016 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X tons) was the main destination for textile wadding exports from Slovakia, with a X% share of total exports. Moreover, textile wadding exports to Poland exceeded the volume sent to the second major destination, Hungary (X tons), fourfold. Romania (X tons) ranked third in terms of total exports with an X% share.

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

In value terms, Poland ($X), Romania ($X) and Hungary ($X) constituted the largest markets for textile wadding exported from Slovakia worldwide, with a combined X% share of total exports. Serbia, the Czech Republic, Austria, Bulgaria, Croatia, Germany, Ukraine and Italy lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Croatia, 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

In 2022, the average textile wadding export price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the export price saw a pronounced slump. The pace of growth appeared the most rapid in 2014 an increase of X%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($X per ton), while the average price for exports to Germany ($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 Bulgaria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Textile Wadding Imports

Imports into Slovakia

Textile wadding imports into Slovakia rose significantly to X tons in 2022, surging by X% against 2021 figures. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, textile wadding imports expanded markedly to $X in 2022. In general, total imports indicated a slight increase 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. The growth pace was the most rapid in 2018 with an increase of X%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), Poland (X tons) and the Czech Republic (X tons) were the main suppliers of textile wadding imports to Slovakia, with a combined X% share of total imports. The Netherlands, Italy, Serbia, Austria, Hungary, France and China 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 Austria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of wadding of textile materials and articles thereof to Slovakia, comprising X% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with an X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Poland (X% per year).

Import Prices by Country

In 2022, the average textile wadding import price amounted to $X per ton, dropping by X% against the previous year. In general, import price indicated modest growth from 2012 to 2022: its price 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, textile wadding import price decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained 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 the Czech Republic ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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