Slovakia: Market for Multiple-Walled Insulating Units Of Glass 2025

Market Size for Multiple-Walled Insulating Units Of Glass in Slovakia

In 2021, the Slovak multiple-walled insulating glass unit market decreased by -10.3% to $X, falling for the fourth year in a row after two years of growth. Over the period under review, consumption recorded a abrupt slump. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Multiple-Walled Insulating Units Of Glass in Slovakia

In value terms, multiple-walled insulating glass unit production shrank to $X in 2021 estimated in export price. In general, the total production indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +68.4% against 2013 indices. The pace of growth appeared the most rapid in 2017 with an increase of 32%. Multiple-walled insulating glass unit production peaked at $X in 2020, and then reduced in the following year.

Exports of Multiple-Walled Insulating Units Of Glass

Exports from Slovakia

Multiple-walled insulating glass unit exports from Slovakia expanded sharply to X square meters in 2021, picking up by 12% compared with 2020 figures. In general, exports showed a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 73%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, multiple-walled insulating glass unit exports skyrocketed to $X in 2021. Over the period under review, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of 58% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Austria (X square meters) was the main destination for multiple-walled insulating glass unit exports from Slovakia, accounting for a 52% share of total exports. Moreover, multiple-walled insulating glass unit exports to Austria exceeded the volume sent to the second major destination, the Czech Republic (X square meters), threefold. Hungary (X square meters) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Austria amounted to +68.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+4.1% per year) and Hungary (+44.3% per year).

In value terms, Austria ($X) remains the key foreign market for multiple-walled insulating units of glass exports from Slovakia, comprising 53% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a 17% share of total exports. It was followed by Hungary, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Austria stood at +61.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+1.3% per year) and Hungary (+38.1% per year).

Export Prices by Country

In 2021, the average multiple-walled insulating glass unit export price amounted to $X per square meter, growing by 9.4% against the previous year. Over the period under review, the export price, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2018 when the average export price increased by 12%. Over the period under review, the average export prices reached the maximum at $X per square meter in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Hungary ($X per square meter) and Austria ($X per square meter), while the average price for exports to Germany ($X per square meter) and the Czech Republic ($X per square meter) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+0.9%), while the prices for the other major destinations experienced a decline.

Imports of Multiple-Walled Insulating Units Of Glass

Imports into Slovakia

In 2021, multiple-walled insulating glass unit imports into Slovakia expanded modestly to X square meters, increasing by 3% against the previous year. Over the period under review, imports posted resilient growth. The growth pace was the most rapid in 2014 with an increase of 89% against the previous year. Imports peaked at X square meters in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, multiple-walled insulating glass unit imports totaled $X in 2021. In general, total imports indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 76% against the previous year. Over the period under review, imports hit record highs at $X in 2018; afterwards, it flattened through to 2021.

Imports by Country

Hungary (X square meters), France (X square meters) and Austria (X square meters) were the main suppliers of multiple-walled insulating glass unit imports to Slovakia, together comprising 67% of total imports. Germany, the Czech Republic, Denmark, Poland and Switzerland lagged somewhat behind, together comprising a further 29%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +80.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest multiple-walled insulating glass unit suppliers to Slovakia were Hungary ($X), Austria ($X) and France ($X), with a combined 65% share of total imports. These countries were followed by Germany, the Czech Republic, Poland, Denmark and Switzerland, which together accounted for a further 30%.

Among the main suppliers, Germany, with a CAGR of +78.4%, recorded the highest growth rate of 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 multiple-walled insulating glass unit import price amounted to $X per square meter, surging by 5.1% against the previous year. Over the period under review, the import price, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 25%. Over the period under review, average import prices reached the peak figure at $X per square meter in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per square meter), while the price for Hungary ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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