Slovakia: Modelling Pastes Market 2024

Modelling Pastes Market Size in Slovakia

In 2021, the Slovak modelling pastes market was finally on the rise to reach $X after three years of decline. Overall, consumption saw a perceptible setback. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Modelling Pastes Production in Slovakia

In value terms, modelling pastes production reduced to $X in 2021 estimated in export price. Over the period under review, production saw a pronounced slump. The most prominent rate of growth was recorded in 2013 with an increase of 208% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Modelling Pastes Exports

Exports from Slovakia

In 2021, overseas shipments of modelling pastes, dental wax and dental impression compounds decreased by -9.5% to X tons, falling for the third consecutive year after three years of growth. Over the period under review, exports, however, posted a notable increase. The most prominent rate of growth was recorded in 2018 with an increase of 77% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, modelling pastes exports expanded sharply to $X in 2021. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 36% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The Czech Republic (X tons), Poland (X tons) and Hungary (X tons) were the main destinations of modelling pastes exports from Slovakia, with a combined 62% share of total exports. Austria, Romania, Russia and France lagged somewhat behind, together comprising a further 29%.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +97.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) remains the key foreign market for modelling pastes, dental wax and dental impression compounds exports from Slovakia, comprising 38% of total exports. The second position in the ranking was taken by Poland ($X), with a 17% share of total exports. It was followed by Hungary, with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Czech Republic amounted to -1.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-5.4% per year) and Hungary (-7.0% per year).

Export Prices by Country

In 2021, the average modelling pastes export price amounted to $X per ton, surging by 21% against the previous year. In general, the export price, however, continues to indicate a pronounced curtailment. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Russia ($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 Russia (+22.5%), while the prices for the other major destinations experienced more modest paces of growth.

Modelling Pastes Imports

Imports into Slovakia

In 2021, the amount of modelling pastes, dental wax and dental impression compounds imported into Slovakia reached X tons, flattening at the year before. Over the period under review, total imports indicated a tangible increase from 2012 to 2021: its volume increased at an average annual rate of +2.6% 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 -40.0% against 2019 indices. The growth pace was the most rapid in 2019 with an increase of 43% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, modelling pastes imports soared to $X in 2021. In general, imports continue to indicate a mild expansion. The growth pace was the most rapid in 2019 with an increase of 74%. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

The Czech Republic (X tons), Germany (X tons) and China (X tons) were the main suppliers of modelling pastes imports to Slovakia, together accounting for 60% of total imports. These countries were followed by the Netherlands, Poland, Hungary, Italy and France, which together accounted for a further 39%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +140.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest modelling pastes suppliers to Slovakia were Germany ($X), the Czech Republic ($X) and the Netherlands ($X), together comprising 68% of total imports. China, Poland, Hungary, France and Italy lagged somewhat behind, together comprising a further 30%.

Among the main suppliers, France, with a CAGR of +111.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average modelling pastes import price amounted to $X per ton, rising by 33% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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