Slovakia: Market for Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground 2024

Market Size for Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground in Slovakia

In 2022, the Slovak market for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground increased by 7.7% to $X, rising for the second consecutive year after two years of decline. In general, the total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +42.3% against 2020 indices. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Production of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground in Slovakia

In value terms, production of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground shrank notably to $X in 2022 estimated in export price. Overall, production continues to indicate a precipitous decline. Production of peaked at $X in 2021, and then contracted dramatically in the following year.

Exports of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground

Exports from Slovakia

For the seventh consecutive year, Slovakia recorded growth in overseas shipments of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground, which increased by 20% to X square meters in 2022. Overall, exports, however, showed a mild descent. The growth pace was the most rapid in 2014 with an increase of 523% against the previous year. Over the period under review, the exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground reached the peak figure at X square meters in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground amounted to $X in 2022. Over the period under review, exports enjoyed prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,667% against the previous year. Over the period under review, the exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Austria (X square meters) was the main destination for exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground from Slovakia, with a 99% share of total exports. It was followed by the Czech Republic (X square meters), with less than 0.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Austria stood at +33.3%.

In value terms, Austria ($X) remains the key foreign market for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground exports from Slovakia, comprising 99% of total exports. The second position in the ranking was held by the Czech Republic ($X), with less than 0.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Austria stood at +51.6%.

Export Prices by Country

In 2022, the average export price for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground amounted to $X per square meter, waning by -5.6% against the previous year. Over the period under review, the export price, however, continues to indicate a strong increase. The pace of growth appeared the most rapid in 2018 an increase of 1,459% against the previous year. The export price peaked at $X per square meter in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per square meter), while the average price for exports to the Czech Republic totaled $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+13.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground

Imports into Slovakia

In 2022, after five years of growth, there was significant decline in overseas purchases of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground, when their volume decreased by -6.6% to X square meters. In general, total imports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when imports increased by 33% against the previous year. As a result, imports attained the peak of X square meters. From 2015 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground skyrocketed to $X in 2022. Overall, total imports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +4.5% 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 +68.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 39% against the previous year. Over the period under review, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground hit record highs in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Poland (X square meters) constituted the largest float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground supplier to Slovakia, with a 58% share of total imports. Moreover, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground from Poland exceeded the figures recorded by the second-largest supplier, the Czech Republic (X square meters), fourfold. Germany (X square meters) ranked third in terms of total imports with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland totaled +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (-1.9% per year) and Germany (+39.0% per year).

In value terms, Poland ($X) constituted the largest supplier of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground to Slovakia, comprising 59% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 17% share of total imports. It was followed by Germany, with an 8% share.

From 2012 to 2022, the average annual growth rate of value from Poland stood at +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+5.3% per year) and Germany (+48.7% per year).

Import Prices by Country

In 2022, the average import price for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground amounted to $X per square meter, rising by 30% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground increased by +79.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 38% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

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 ($X per square meter), while the price for Belgium ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform