Slovakia: Envelope Market 2024

Envelope Market Size in Slovakia

The Slovak envelope market fell to $X in 2021, reducing by -12.7% against the previous year. Over the period under review, consumption saw a drastic downturn. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Envelope Production in Slovakia

In value terms, envelope production amounted to $X in 2021 estimated in export price. Overall, production, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when the production volume increased by 65%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Envelope Exports

Exports from Slovakia

In 2021, shipments abroad of envelopes increased by 15% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, saw a drastic downturn. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, envelope exports skyrocketed to $X in 2021. Over the period under review, exports, however, saw a relatively flat trend pattern. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons), the Czech Republic (X tons) and the UK (X tons) were the main destinations of envelope exports from Slovakia, with a combined 63% share of total exports. Hungary, France, Belgium, Greece and Austria lagged somewhat behind, together comprising a further 36%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +82.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for envelope exported from Slovakia were the Czech Republic ($X), Germany ($X) and Hungary ($X), together accounting for 64% of total exports. These countries were followed by the UK, France, Belgium, Austria and Greece, which together accounted for a further 34%.

Belgium, with a CAGR of +103.5%, saw the highest growth rate of the value of exports, in terms of the main countries of destination 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 envelope export price amounted to $X per ton, with an increase of 5.3% against the previous year. In general, export price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, envelope export price increased by +100.9% against 2014 indices. The most prominent rate of growth was recorded in 2015 an increase of 64% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Greece ($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 Belgium (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.

Envelope Imports

Imports into Slovakia

In 2021, purchases abroad of envelopes was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. The total import volume increased at an average annual rate of +3.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of 33%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, envelope imports surged to $X in 2021. Over the period under review, imports, however, showed a mild slump. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The Czech Republic (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of envelope imports to Slovakia, with a combined 86% share of total imports. Austria, Hungary, China and the Netherlands lagged somewhat behind, together accounting for a further 9.4%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +62.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Poland ($X) and Germany ($X) were the largest envelope suppliers to Slovakia, together accounting for 75% of total imports. The Netherlands, Austria, Hungary and China lagged somewhat behind, together comprising a further 15%.

The Netherlands, with a CAGR of +81.9%, saw the highest rates of growth with regard to 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

In 2021, the average envelope import price amounted to $X per ton, which is down by -7.7% against the previous year. Overall, the import price showed a pronounced setback. The pace of growth appeared the most rapid in 2018 when the average import price increased by 28% against the previous year. The import price peaked at $X per ton 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 the Netherlands ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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