Slovenia: Non-Cotton Terry Towelling Market 2024

Non-Cotton Terry Towelling Market Size in Slovenia

The Slovene non-cotton terry towelling market contracted to $X in 2023, falling by X% against the previous year. Over the period under review, consumption saw a abrupt setback. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Non-Cotton Terry Towelling Production in Slovenia

In value terms, non-cotton terry towelling production rose slightly to $X in 2023 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2023, production growth remained at a somewhat lower figure.

Non-Cotton Terry Towelling Exports

Exports from Slovenia

For the fourth year in a row, Slovenia recorded growth in overseas shipments of terry towelling (excluding of cotton), which increased by X% to X square meters in 2023. In general, exports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of X%. The exports peaked in 2023 and are expected to retain growth in years to come.

In value terms, non-cotton terry towelling exports surged to $X in 2023. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked in 2023 and are likely to see steady growth in the immediate term.

Exports by Country

Austria (X square meters) was the main destination for non-cotton terry towelling exports from Slovenia, with a X% share of total exports. Moreover, non-cotton terry towelling exports to Austria exceeded the volume sent to the second major destination, Croatia (X square meters), sixfold.

From 2012 to 2023, the average annual growth rate of volume to Austria stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Croatia (X% per year) and Germany (X% per year).

In value terms, the largest markets for non-cotton terry towelling exported from Slovenia were Croatia ($X), Austria ($X) and Germany ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Austria, with a CAGR of X%, recorded 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

The average non-cotton terry towelling export price stood at $X per square meter in 2023, which is down by X% against the previous year. Over the period under review, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2022 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per square meter in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Croatia ($X per square meter), while the average price for exports to Germany ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (X%).

Non-Cotton Terry Towelling Imports

Imports into Slovenia

In 2023, imports of terry towelling (excluding of cotton) into Slovenia fell remarkably to X square meters, shrinking by X% against 2022 figures. In general, imports saw a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by X%. Imports peaked at X square meters in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, non-cotton terry towelling imports surged to $X in 2023. Overall, imports showed a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Austria (X square meters) constituted the largest supplier of non-cotton terry towelling to Slovenia, with a X% share of total imports. Moreover, non-cotton terry towelling imports from Austria exceeded the figures recorded by the second-largest supplier, Belgium (X square meters), twofold. The third position in this ranking was taken by Hungary (X square meters), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Austria totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Hungary (X% per year).

In value terms, Austria ($X), Belgium ($X) and Germany ($X) appeared to be the largest non-cotton terry towelling suppliers to Slovenia, together accounting for X% of total imports.

Belgium, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average non-cotton terry towelling import price amounted to $X per square meter, increasing by X% against the previous year. Overall, the import price, however, recorded a mild decline. The import price peaked at $X per square meter in 2018; however, from 2019 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per square meter), while the price for Austria ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform