Slovakia: Man-Made Filament Fabric Market 2024

Man-Made Filament Fabric Market Size in Slovakia

In 2022, the Slovak man-made filament fabric market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, continues to indicate prominent growth. As a result, consumption reached the peak level of $X, and then fell sharply in the following year.

Man-Made Filament Fabric Production in Slovakia

In value terms, man-made filament fabric production shrank notably to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

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Man-Made Filament Fabric Exports

Exports from Slovakia

In 2022, overseas shipments of woven fabrics of man-made filaments and staple fibers decreased by X% to X square meters for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, showed a moderate increase. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports hit record highs at X square meters in 2021, and then shrank in the following year.

In value terms, man-made filament fabric exports soared to $X in 2022. Overall, exports saw a mild shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X square meters) was the main destination for man-made filament fabric exports from Slovakia, with a X% share of total exports. Moreover, man-made filament fabric exports to Turkey exceeded the volume sent to the second major destination, Austria (X square meters), more than tenfold. The third position in this ranking was held by the Czech Republic (X square meters), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Turkey amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and the Czech Republic (X% per year).

In value terms, Turkey ($X) remains the key foreign market for woven fabrics of man-made filaments and staple fibers exports from Slovakia, comprising X% of total exports. The second position in the ranking was held by Austria ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Turkey stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

The average man-made filament fabric export price stood at $X per square meter in 2021, with an increase of X% against the previous year. Overall, the export price, however, showed a abrupt slump. The growth pace was the most rapid in 2019 when the average export price increased by X%. As a result, the export price attained the peak level of $X per square meter. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per square meter), while the average price for exports to Turkey ($X per square meter) was amongst the lowest.

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

Man-Made Filament Fabric Imports

Imports into Slovakia

In 2022, after three years of growth, there was significant decline in overseas purchases of woven fabrics of man-made filaments and staple fibers, when their volume decreased by X% to X square meters. Overall, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Imports peaked at X square meters in 2021, and then contracted rapidly in the following year.

In value terms, man-made filament fabric imports skyrocketed to $X in 2022. In general, imports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2021, Poland (X square meters) constituted the largest man-made filament fabric supplier to Slovakia, accounting for a X% share of total imports. Moreover, man-made filament fabric imports from Poland exceeded the figures recorded by the second-largest supplier, the Czech Republic (X square meters), threefold. The third position in this ranking was taken by Germany (X square meters), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Poland amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Germany (X% per year).

In value terms, Poland ($X) constituted the largest supplier of woven fabrics of man-made filaments and staple fibers to Slovakia, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Poland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

Import Prices by Country

The average man-made filament fabric import price stood at $X per square meter in 2021, approximately mirroring the previous year. Overall, the import price recorded a significant contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per square meter in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per square meter), while the price for the Czech Republic ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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