Slovakia: Primary Fiber Crops Market 2024

Primary Fiber Crops Market Size in Slovakia

For the third consecutive year, the Slovak primary fiber crops market recorded growth in sales value, which increased by X% to $X in 2022. Over the period under review, consumption, however, recorded significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Primary Fiber Crops Production in Slovakia

In value terms, primary fiber crops production declined to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt slump. The pace of growth appeared the most rapid in 2019 with an increase of X%. Primary fiber crops production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Primary Fiber Crops Exports

Exports from Slovakia

Primary fiber crops exports from Slovakia contracted remarkably to X tons in 2022, with a decrease of X% compared with the previous year's figure. Over the period under review, exports showed a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, primary fiber crops exports surged to $X in 2022. Overall, exports saw a abrupt setback. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X tons) was the main destination for primary fiber crops exports from Slovakia, with a X% share of total exports. It was followed by Canada (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the Czech Republic stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Germany (X% per year).

In value terms, Canada ($X) remains the key foreign market for fiber crops (primary) exports from Slovakia, comprising X% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Germany (X% per year).

Export Prices by Country

The average primary fiber crops export price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price, however, showed a perceptible decrease. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to the Czech Republic ($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 Germany (X%), while the prices for the other major destinations experienced a decline.

Primary Fiber Crops Imports

Imports into Slovakia

In 2022, the amount of fiber crops (primary) imported into Slovakia declined sharply to X tons, waning by X% on the previous year's figure. Over the period under review, imports saw a noticeable setback. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then reduced notably in the following year.

In value terms, primary fiber crops imports soared to $X in 2022. Overall, imports recorded a deep slump. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Poland (X tons) constituted the largest supplier of primary fiber crops to Slovakia, accounting for a X% share of total imports. Moreover, primary fiber crops imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was held by Sri Lanka (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Poland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Sri Lanka (X% per year).

In value terms, the largest primary fiber crops suppliers to Slovakia were France ($X), Poland ($X) and Germany ($X), with a combined X% share of total imports.

Among the main suppliers, France, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average primary fiber crops import price stood at $X per ton in 2022, jumping by X% against the previous year. In general, the import price, however, recorded a deep downturn. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Sri Lanka ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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