Slovakia: Ceramic Statuette Market 2024

Ceramic Statuette Market Size in Slovakia

The Slovak ceramic statuette market rose significantly to $X in 2022, increasing by 7.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Ceramic Statuette Exports

Exports from Slovakia

In 2022, shipments abroad of ceramic statuettes and other ornamental articles increased by 17% to X tons, rising for the sixth year in a row after two years of decline. Over the period under review, exports showed a resilient increase. The pace of growth was the most pronounced in 2018 with an increase of 134%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, ceramic statuette exports rose notably to $X in 2022. In general, exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of 63% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Austria (X tons), Hungary (X tons) and the Czech Republic (X tons) were the main destinations of ceramic statuette exports from Slovakia, together comprising 65% of total exports. Poland, Romania, Italy, Croatia, Slovenia and Switzerland lagged somewhat behind, together comprising a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +295.3%), while the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Hungary ($X) and the Czech Republic ($X) constituted the largest markets for ceramic statuette exported from Slovakia worldwide, with a combined 67% share of total exports. Poland, Romania, Switzerland, Italy, Croatia and Slovenia lagged somewhat behind, together comprising a further 31%.

In terms of the main countries of destination, Italy, with a CAGR of +210.5%, 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

The average ceramic statuette export price stood at $X per ton in 2022, declining by -6.8% against the previous year. In general, the export price showed a slight downturn. The pace of growth was the most pronounced in 2016 an increase of 24%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Italy ($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 Romania (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Ceramic Statuette Imports

Imports into Slovakia

In 2022, the amount of ceramic statuettes and other ornamental articles imported into Slovakia rose remarkably to X tons, increasing by 11% compared with the previous year's figure. Overall, imports continue to indicate perceptible growth. The most prominent rate of growth was recorded in 2016 when imports increased by 77% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, ceramic statuette imports skyrocketed to $X in 2022. In general, total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.1% against 2020 indices. The growth pace was the most rapid in 2016 when imports increased by 43%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

China (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of ceramic statuette imports to Slovakia, with a combined 77% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +26.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ceramic statuette suppliers to Slovakia were China ($X), Germany ($X) and Poland ($X), with a combined 76% share of total imports. Austria, the Netherlands, North Macedonia, Portugal and Vietnam lagged somewhat behind, together accounting for a further 19%.

Austria, with a CAGR of +28.6%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ceramic statuette import price stood at $X per ton in 2022, growing by 6.7% against the previous year. Over the period under review, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ceramic statuette import price increased by +71.6% against 2017 indices. The most prominent rate of growth was recorded in 2018 an increase of 34% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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 Austria ($X per ton), while the price for North Macedonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by North Macedonia (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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