Slovakia: Pharmaceutical Rubber Articles Market 2025

Pharmaceutical Rubber Articles Market Size in Slovakia

The Slovak pharmaceutical rubber articles market declined to $X in 2021, which is down by -8.9% against the previous year. Over the period under review, consumption saw a slight contraction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Pharmaceutical Rubber Articles Production in Slovakia

In value terms, pharmaceutical rubber articles production reduced modestly to $X in 2021 estimated in export price. In general, production, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 17% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Pharmaceutical Rubber Articles Exports

Exports from Slovakia

In 2021, shipments abroad of hygienic or pharmaceutical articles of rubber decreased by -6.3% to X units, falling for the fourth consecutive year after six years of growth. Over the period under review, exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 56% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, pharmaceutical rubber articles exports dropped to $X in 2021. The total export value increased at an average annual rate of +1.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when exports increased by 17%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Spain (X units) was the main destination for pharmaceutical rubber articles exports from Slovakia, with a 80% share of total exports. Moreover, pharmaceutical rubber articles exports to Spain exceeded the volume sent to the second major destination, the Czech Republic (X units), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Spain totaled +6.2%.

In value terms, Spain ($X) remains the key foreign market for hygienic or pharmaceutical articles of rubber exports from Slovakia, comprising 83% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 15% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Spain was relatively modest.

Export Prices by Country

The average pharmaceutical rubber articles export price stood at $X per unit in 2021, remaining constant against the previous year. Overall, the export price, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2020 an increase of 18%. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to the Czech Republic totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+2.5%), while the prices for the other major destinations experienced mixed trend patterns.

Pharmaceutical Rubber Articles Imports

Imports into Slovakia

In 2021, approx. X units of hygienic or pharmaceutical articles of rubber were imported into Slovakia; dropping by -56.3% compared with the year before. Over the period under review, imports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 383% against the previous year. As a result, imports attained the peak of X units, and then shrank markedly in the following year.

In value terms, pharmaceutical rubber articles imports reduced dramatically to $X in 2021. In general, imports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2020 with an increase of 332% against the previous year. As a result, imports attained the peak of $X, and then plummeted in the following year.

Imports by Country

In 2021, the Czech Republic (X units) constituted the largest supplier of pharmaceutical rubber articles to Slovakia, accounting for a 68% share of total imports. Moreover, pharmaceutical rubber articles imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Germany (X units), eightfold. Poland (X units) ranked third in terms of total imports with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Czech Republic stood at +42.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+4.9% per year) and Poland (+24.8% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of hygienic or pharmaceutical articles of rubber to Slovakia, comprising 71% of total imports. The second position in the ranking was held by Germany ($X), with an 8.6% share of total imports. It was followed by Hungary, with a 6% share.

From 2012 to 2021, the average annual growth rate of value from the Czech Republic totaled +37.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-5.2% per year) and Hungary (+33.0% per year).

Import Prices by Country

In 2021, the average pharmaceutical rubber articles import price amounted to $X per unit, with an increase of 20% against the previous year. Over the period under review, the import price, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2016 an increase of 37% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+22.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :