Slovakia: Mannequin Market 2024

Mannequin Market Size in Slovakia

The Slovak mannequin market contracted significantly to $X in 2022, which is down by -17% against the previous year. In general, consumption, however, posted buoyant growth. As a result, consumption reached the peak level of $X, and then fell rapidly in the following year.

Mannequin Production in Slovakia

In value terms, mannequin production rose modestly to $X in 2022 estimated in export price. In general, production, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2018 with an increase of 41% against the previous year. Mannequin production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Mannequin Exports

Exports from Slovakia

Mannequin exports from Slovakia contracted to X tons in 2022, with a decrease of -10.6% compared with the previous year. In general, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 when exports increased by 44%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, mannequin exports fell dramatically to $X in 2022. Over the period under review, exports faced a abrupt setback. The pace of growth was the most pronounced in 2018 when exports increased by 69%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Austria (X tons) and Russia (X tons) were the main destinations of mannequin exports from Slovakia, together comprising 97% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of +14.1%), while the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), Austria ($X) and Russia ($X) were the largest markets for mannequin exported from Slovakia worldwide, with a combined 88% share of total exports.

In terms of the main countries of destination, Russia, with a CAGR of -2.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average mannequin export price stood at $X per ton in 2022, reducing by -31.1% against the previous year. Overall, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in 2018 an increase of 41%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a 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 Switzerland ($X per ton), while the average price for exports to Austria ($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 Switzerland (+14.9%), while the prices for the other major destinations experienced a decline.

Mannequin Imports

Imports into Slovakia

Mannequin imports into Slovakia fell sharply to X tons in 2022, with a decrease of -49.6% against the previous year. Over the period under review, imports, however, continue to indicate strong growth. The growth pace was the most rapid in 2021 with an increase of 115%. As a result, imports reached the peak of X tons, and then shrank notably in the following year.

In value terms, mannequin imports declined sharply to $X in 2022. In general, imports, however, recorded a perceptible expansion. The growth pace was the most rapid in 2015 when imports increased by 200% against the previous year. Imports peaked at $X in 2021, and then reduced markedly in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest mannequin supplier to Slovakia, with a 55% share of total imports. Moreover, mannequin imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), sixfold. The third position in this ranking was held by the United States (X tons), with a 6.3% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+51.1% per year) and the United States (+34.4% per year).

In value terms, China ($X) constituted the largest supplier of mannequins to Slovakia, comprising 38% of total imports. The second position in the ranking was held by Germany ($X), with an 11% share of total imports. It was followed by the United States, with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.3% per year) and the United States (+29.7% per year).

Import Prices by Country

In 2022, the average mannequin import price amounted to $X per ton, shrinking by -30.3% against the previous year. Over the period under review, the import price continues to indicate a perceptible decline. The pace of growth appeared the most rapid in 2015 an increase of 51%. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, 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 Austria ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+17.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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