Slovakia: Market for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap 2024

Market Size for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in Slovakia

The Slovak market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap surged to $X in 2021, picking up by 16% against the previous year. Overall, the total consumption indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -12.5% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in Slovakia

In value terms, production of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap expanded notably to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a pronounced shrinkage. Production of peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Exports from Slovakia

For the fifth year in a row, Slovakia recorded decline in shipments abroad of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap, which decreased by -1% to X tons in 2021. Over the period under review, exports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2013 with an increase of 118%. Over the period under review, the exports of attained the peak figure at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap reached $X in 2021. In general, total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -21.8% against 2018 indices. The pace of growth was the most pronounced in 2013 when exports increased by 81% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons), Austria (X tons) and Hungary (X tons) were the main destinations of exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap from Slovakia, with a combined 67% share of total exports. These countries were followed by the Czech Republic, Poland, Croatia, Slovenia, Italy, Romania and Turkey, which together accounted for a further 32%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia (with a CAGR of +199.1%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap exports from Slovakia, comprising 43% of total exports. The second position in the ranking was taken by Austria ($X), with a 16% share of total exports. It was followed by Hungary, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +5.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+9.3% per year) and Hungary (+13.4% per year).

Export Prices by Country

The average export price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap stood at $X per ton in 2021, surging by 1.7% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 12%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Italy ($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 Turkey (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Imports into Slovakia

After three years of decline, purchases abroad of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap increased by 0.9% to X tons in 2021. Over the period under review, total imports indicated a mild increase from 2012 to 2021: its volume increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -28.3% against 2017 indices. The growth pace was the most rapid in 2013 with an increase of 30%. Over the period under review, imports of attained the peak figure at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap rose slightly to $X in 2021. The total import value increased at an average annual rate of +3.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when imports increased by 40%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) constituted the largest footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap supplier to Slovakia, accounting for a 38% share of total imports. Moreover, imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap from Germany exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), twofold. The third position in this ranking was held by the Czech Republic (X tons), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +54.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+1.1% per year) and the Czech Republic (+40.8% per year).

In value terms, Germany ($X) constituted the largest supplier of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap to Slovakia, comprising 40% of total imports. The second position in the ranking was held by Vietnam ($X), with an 18% share of total imports. It was followed by the Czech Republic, with a 9.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +52.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+2.1% per year) and the Czech Republic (+37.9% per year).

Import Prices by Country

The average import price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap stood at $X per ton in 2021, with an increase of 2.6% against the previous year. Over the last nine years, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2014 when the average import price increased by 11%. The import price peaked in 2021 and is expected to retain growth in the near future.

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 Poland ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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