Slovakia: Wooden Window Market 2022

Wooden Window Market Size in Slovakia

After two years of decline, the Slovak wooden window market increased by 338% to $X in 2021. Over the period under review, consumption, however, saw a pronounced slump. Wooden window consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Wooden Window Production in Slovakia

In value terms, wooden window production declined to $X in 2021 estimated in export price. Overall, production continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by 85%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Wooden Window Exports

Exports from Slovakia

In 2021, exports of windows, french windows and their frames of wood from Slovakia expanded notably to X tons, increasing by 5.9% on the previous year's figure. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 258%. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, wooden window exports expanded markedly to $X in 2021. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 195%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons), France (X tons) and Hungary (X tons) were the main destinations of wooden window exports from Slovakia, with a combined 59% share of total exports. These countries were followed by Poland, the Czech Republic, Belgium, the UK, Denmark and Italy, which together accounted for a further 37%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +86.9%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Hungary ($X) appeared to be the largest markets for wooden window exported from Slovakia worldwide, together comprising 58% of total exports. Poland, Belgium, the Czech Republic, the UK, Denmark and Italy lagged somewhat behind, together accounting for a further 35%.

In terms of the main countries of destination, Poland, with a CAGR of +70.2%, saw 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

In 2021, the average wooden window export price amounted to $X per ton, remaining constant against the previous year. In general, the export price, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2016 when the average export price increased by 57% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2021, the countries with the highest prices were the UK ($X per ton) and Denmark ($X per ton), while the average price for exports to Poland ($X per ton) and the Czech Republic ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-1.8%), while the prices for the other major destinations experienced a decline.

Wooden Window Imports

Imports into Slovakia

In 2021, overseas purchases of windows, french windows and their frames of wood decreased by -29.3% to X tons, falling for the second year in a row after two years of growth. Overall, imports showed a noticeable decrease. The pace of growth was the most pronounced in 2018 when imports increased by 54% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, wooden window imports surged to $X in 2021. In general, imports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by 59%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Poland (X tons), Hungary (X tons) and Austria (X tons) were the main suppliers of wooden window imports to Slovakia, with a combined 93% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +39.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wooden window suppliers to Slovakia were Hungary ($X), Poland ($X) and Austria ($X), with a combined 91% share of total imports. Germany, Ukraine and the Czech Republic lagged somewhat behind, together accounting for a further 7%.

Among the main suppliers, Ukraine, with a CAGR of +41.8%, 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

In 2021, the average wooden window import price amounted to $X per ton, with an increase of 68% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Austria ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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