Slovakia: Market for Jute And Jute-Like Fibers 2025

Market Size for Jute And Jute-Like Fibers in Slovakia

The Slovak jute and jute-like fibers market fell remarkably to $X in 2022, declining by -95.5% against the previous year. Over the period under review, consumption saw a precipitous decrease. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Jute And Jute-Like Fibers in Slovakia

In value terms, jute and jute-like fibers production reached $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 4.6% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

The average yield of jute and jute-like fibers in Slovakia amounted to less than X kg per ha in 2022, flattening at 2021. Overall, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The jute and jute-like fibers harvested area in Slovakia amounted to less than X ha in 2022, remaining relatively unchanged against the previous year. In general, the harvested area continues to indicate a relatively flat trend pattern.

Exports of Jute And Jute-Like Fibers

Exports from Slovakia

In 2022, exports of jute and jute-like fibers from Slovakia dropped notably to X tons, which is down by -48.8% against the previous year's figure. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 3,956%. As a result, the exports reached the peak of X tons, and then shrank remarkably in the following year.

In value terms, jute and jute-like fibers exports stood at $X in 2022. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2017 with an increase of 2,908%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Czech Republic (X kg) was the main destination for jute and jute-like fibers exports from Slovakia, with a less than 0.1% share of total exports. Moreover, jute and jute-like fibers exports to the Czech Republic exceeded the volume sent to the second major destination, the Netherlands (X kg), threefold.

From 2012 to 2022, the average annual growth rate of volume to the Czech Republic totaled -37.4%.

In value terms, the Czech Republic ($X) remains the key foreign market for jute and jute-like fibers exports from Slovakia, comprising less than 0.1% of total exports. The second position in the ranking was held by the Netherlands ($X), with less than 0.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the Czech Republic amounted to -33.9%.

Export Prices by Country

In 2022, the average jute and jute-like fibers export price amounted to $X per ton, jumping by 114% against the previous year. Overall, the export price, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2020 an increase of 229%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to the Netherlands amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+5.6%), while the prices for the other major destinations experienced a decline.

Imports of Jute And Jute-Like Fibers

Imports into Slovakia

In 2022, overseas purchases of jute and jute-like fibers decreased by -63.4% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 515% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, jute and jute-like fibers imports soared to $X in 2022. In general, imports continue to indicate a deep slump. Over the period under review, imports hit record highs 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 jute and jute-like fibers to Slovakia, with a 6.1% share of total imports. Moreover, jute and jute-like fibers imports from Poland exceeded the figures recorded by the second-largest supplier, the Czech Republic (X kg), ninefold. The third position in this ranking was held by China (X kg), with a 0.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland amounted to +98.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (-19.4% per year) and China (+5.7% per year).

In value terms, Poland ($X) constituted the largest supplier of jute and jute-like fibers to Slovakia, comprising 11% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a 2.4% share of total imports. It was followed by Hungary, with a 0.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland amounted to +85.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (-13.2% per year) and Hungary (-28.4% per year).

Import Prices by Country

The average jute and jute-like fibers import price stood at $X per ton in 2022, increasing by 922% against the previous year. In general, the import price enjoyed a modest increase. Over the period under review, average import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 the Czech Republic ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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