Slovakia: Corrugated Paper Market 2024

Corrugated Paper Market Size in Slovakia

The Slovak corrugated paper market surged to $X in 2021, increasing by 28% against the previous year. Overall, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in years to come.

Corrugated Paper Production in Slovakia

In value terms, corrugated paper production skyrocketed to $X in 2021 estimated in export price. In general, the total production indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Corrugated Paper Exports

Exports from Slovakia

In 2021, shipments abroad of corrugated paper and paperboard was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports recorded a prominent increase. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, corrugated paper exports skyrocketed to $X in 2021. In general, exports recorded a buoyant expansion. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Poland (X tons), the Czech Republic (X tons) and Hungary (X tons) were the main destinations of corrugated paper exports from Slovakia, together comprising 87% of total exports. Austria, Romania, France and Slovenia lagged somewhat behind, together accounting for a further 12%.

From 2012 to 2021, the biggest increases were recorded for Slovenia (with a CAGR of +66.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Hungary ($X) and the Czech Republic ($X) appeared to be the largest markets for corrugated paper exported from Slovakia worldwide, together comprising 79% of total exports. These countries were followed by Austria, Slovenia, Romania and France, which together accounted for a further 16%.

In terms of the main countries of destination, Slovenia, with a CAGR of +90.2%, recorded 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 corrugated paper export price amounted to $X per ton, approximately mirroring the previous year. In general, export price indicated a notable expansion from 2012 to 2021: its price increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, corrugated paper export price increased by +63.6% against 2016 indices. The growth pace was the most rapid in 2020 when the average export price increased by 22%. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.

Corrugated Paper Imports

Imports into Slovakia

In 2021, approx. X tons of corrugated paper and paperboard were imported into Slovakia; increasing by 12% on the previous year's figure. In general, total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +118.7% against 2015 indices. The growth pace was the most rapid in 2016 when imports increased by 60%. Imports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, corrugated paper imports skyrocketed to $X in 2021. Overall, total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +8.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 63% against the previous year. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

The Czech Republic (X tons), Poland (X tons) and Hungary (X tons) were the main suppliers of corrugated paper imports to Slovakia, together accounting for 86% of total imports. Austria, Romania and Germany lagged somewhat behind, together comprising a further 14%.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +31.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest corrugated paper suppliers to Slovakia were the Czech Republic ($X), Poland ($X) and Hungary ($X), with a combined 82% share of total imports. Romania, Germany and Austria lagged somewhat behind, together accounting for a further 17%.

Among the main suppliers, Romania, with a CAGR of +46.8%, 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 corrugated paper import price amounted to $X per ton, growing by 18% against the previous year. Over the last nine years, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2015 an increase of 30% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average 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 Germany ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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