Slovakia: Market for Drawn Glass And Blown Glass 2024

Market Size for Drawn Glass And Blown Glass in Slovakia

In 2021, the Slovak market for drawn glass and blown glass decreased by -7.1% to $X, falling for the fifth year in a row after two years of growth. Overall, consumption showed a abrupt descent. Drawn glass and blown glass consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Production of Drawn Glass And Blown Glass in Slovakia

In value terms, drawn glass and blown glass production declined remarkably to $X in 2021 estimated in export price. Over the period under review, production faced a abrupt contraction. The growth pace was the most rapid in 2014 with an increase of 82%. Drawn glass and blown glass production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Drawn Glass And Blown Glass

Exports from Slovakia

In 2021, approx. X square meters of drawn glass and blown glass were exported from Slovakia; rising by 16% against 2020 figures. Over the period under review, exports, however, recorded a significant decrease. The pace of growth appeared the most rapid in 2019 when exports increased by 1,010%. As a result, the exports reached the peak of X square meters. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, drawn glass and blown glass exports amounted to $X in 2021. In general, exports, however, recorded a dramatic descent. The growth pace was the most rapid in 2019 with an increase of 2,042%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

France (X square meters) was the main destination for drawn glass and blown glass exports from Slovakia, with a 68% share of total exports. Moreover, drawn glass and blown glass exports to France exceeded the volume sent to the second major destination, the Czech Republic (X square meters), twofold. The third position in this ranking was taken by Germany (X square meters), with a 2.5% share.

From 2012 to 2021, the average annual growth rate of volume to France totaled +6.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-36.6% per year) and Germany (-24.2% per year).

In value terms, France ($X) remains the key foreign market for drawn glass and blown glass exports from Slovakia, comprising 69% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 28% share of total exports. It was followed by Germany, with a 1.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France amounted to +16.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-37.7% per year) and Germany (-19.3% per year).

Export Prices by Country

In 2021, the average export price for drawn glass and blown glass amounted to $X per square meter, with a decrease of -12.8% against the previous year. Overall, the export price showed a mild curtailment. The pace of growth was the most pronounced in 2019 when the average export price increased by 93% against the previous year. As a result, the export price attained the peak level of $X per square meter. From 2020 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per square meter), while the average price for exports to Austria ($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 France (+9.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Drawn Glass And Blown Glass

Imports into Slovakia

In 2021, approx. X square meters of drawn glass and blown glass were imported into Slovakia; rising by 62% compared with 2020 figures. Overall, imports, however, saw a perceptible shrinkage. The pace of growth was the most pronounced in 2018 when imports increased by 205%. Over the period under review, imports reached the peak figure at X square meters in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, drawn glass and blown glass imports skyrocketed to $X in 2021. In general, imports, however, faced a abrupt curtailment. The growth pace was the most rapid in 2015 when imports increased by 199%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the Czech Republic (X square meters) constituted the largest drawn glass and blown glass supplier to Slovakia, accounting for a 62% share of total imports. Moreover, drawn glass and blown glass imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Hungary (X square meters), fourfold. The third position in this ranking was taken by Germany (X square meters), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Czech Republic amounted to -4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+81.3% per year) and Germany (+94.7% per year).

In value terms, Hungary ($X) constituted the largest supplier of drawn glass and blown glass to Slovakia, comprising 59% of total imports. The second position in the ranking was taken by Germany ($X), with a 12% share of total imports. It was followed by the Czech Republic, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from Hungary totaled +43.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+49.5% per year) and the Czech Republic (-22.6% per year).

Import Prices by Country

The average import price for drawn glass and blown glass stood at $X per square meter in 2021, which is down by -4.9% against the previous year. In general, the import price continues to indicate a deep setback. The pace of growth was the most pronounced in 2015 when the average import price increased by 100%. Over the period under review, average import prices reached the maximum at $X per square meter in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Hungary ($X per square meter), while the price for the Czech Republic ($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 Estonia (+379.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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