Slovakia: Wadding Of Textile Market Overview 2021

Wadding Of Textile Market Size in Slovakia

The Slovak wadding of textile market expanded remarkably to $X in 2019, increasing by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Wadding of textile consumption peaked in 2019 and is expected to retain growth in the immediate term.

Wadding Of Textile Production in Slovakia

In value terms, wadding of textile production expanded slightly to $X in 2019 estimated in export prices. Overall, production showed a pronounced decrease. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Wadding of textile production peaked at $X in 2007; however, from 2008 to 2019, production remained at a lower figure.

Wadding Of Textile Exports

Exports from Slovakia

In 2019, approx. X tonnes of wadding of textile materials and articles thereof were exported from Slovakia; dropping by -X% compared with the previous year. Overall, exports saw a sharp shrinkage. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at X tonnes in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, wadding of textile exports dropped to $X in 2019. In general, exports faced a abrupt downturn. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at $X in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Romania (X tonnes) was the main destination for wadding of textile exports from Slovakia, accounting for a X% share of total exports. Moreover, wadding of textile exports to Romania exceeded the volume sent to the second major destination, Hungary (X tonnes), more than tenfold. The third position in this ranking was occupied by the Czech Republic (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Romania stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (-X% per year) and the Czech Republic (-X% per year).

In value terms, Romania ($X) remains the key foreign market for wadding of textile exports from Slovakia, comprising X% of total exports. The second position in the ranking was occupied by Japan ($X), with a X% share of total exports. It was followed by Hungary, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Romania stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+X% per year) and Hungary (-X% per year).

Export Prices by Country

The average wadding of textile export price stood at $X per tonne in 2019, growing by X% against the previous year. Over the period under review, the export price saw a prominent expansion. The most prominent rate of growth was recorded in 2009 when the average export price increased by X% y-o-y. Over the period under review, average export prices attained the maximum in 2019 and is likely to see gradual growth in years to come.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per tonne), while the average price for exports to the Czech Republic ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Croatia, while the prices for the other major destinations experienced more modest paces of growth.

Wadding Of Textile Imports

Imports into Slovakia

In 2019, the amount of wadding of textile materials and articles thereof imported into Slovakia rose significantly to X tonnes, surging by X% on the year before. Over the period under review, imports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Imports peaked at X tonnes in 2008; however, from 2009 to 2019, imports stood at a somewhat lower figure.

In value terms, wadding of textile imports soared to $X in 2019. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Imports peaked at $X in 2010; however, from 2011 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tonnes), South Korea (X tonnes) and Poland (X tonnes) were the main suppliers of wadding of textile imports to Slovakia, together accounting for X% of total imports. These countries were followed by China, Serbia, Latvia and Switzerland, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Latvia (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Germany ($X) and Poland ($X) appeared to be the largest wadding of textile suppliers to Slovakia, together accounting for X% of total imports. China, Switzerland, Latvia and Serbia lagged somewhat behind, together comprising a further X the main suppliers, Latvia (+X% per year) 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 wadding of textile import price stood at $X per tonne in 2019, with an increase of X% against the previous year. In general, import price indicated a temperate expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, wadding of textile import price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. Over the period under review, average import prices reached the maximum in 2019 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was South Korea ($X per tonne), while the price for Serbia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wadding of textile materials and articles thereof in the world?

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China (440K tonnes) constituted the country with the largest volume of wadding of textile consumption, comprising approx. 16% of total volume. Moreover, wadding of textile consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (217K tonnes), twofold. The third position in this ranking was occupied by India (161K tonnes), with a 6% share.

What are the largest producers of wadding of textile materials and articles thereof in the world?

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China (494K tonnes) remains the largest wadding of textile producing country worldwide, accounting for 18% of total volume. Moreover, wadding of textile production in China exceeded the figures recorded by the second-largest producer, the U.S. (212K tonnes), twofold. India (173K tonnes) ranked third in terms of total production with a 6.5% share.

What are the leading suppliers of wadding of textile materials and articles thereof to Slovakia?

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In value terms, the largest wadding of textile suppliers to Slovakia were South Korea ($3.2M), Germany ($2.9M) and Poland ($956K), together comprising 72% of total imports. China, Switzerland, Latvia and Serbia lagged somewhat behind, together comprising a further 18%.

What are the leading importers of wadding of textile materials and articles thereof from Slovakia?

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In value terms, Romania ($1.6M) remains the key foreign market for wadding of textile exports from Slovakia, comprising 73% of total exports. The second position in the ranking was occupied by Japan ($265K), with a 12% share of total exports. It was followed by Hungary, with a 4.7% share.

What is the average export price for wadding of textile materials and articles thereof in Slovakia?

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In 2019, the average wadding of textile export price amounted to $7,298 per tonne, increasing by 14% against the previous year.

What is the average import price for wadding of textile materials and articles thereof in Slovakia?

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The average wadding of textile import price stood at $7,804 per tonne in 2019, growing by 5.7% against the previous year.