Slovakia: Narrow Woven Fabric Market 2025

Narrow Woven Fabric Market Size in Slovakia

The Slovak narrow woven fabric market fell rapidly to $X in 2021, which is down by -28.9% against the previous year. Overall, consumption showed a deep contraction. Narrow woven fabric consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Narrow Woven Fabric Production in Slovakia

In value terms, narrow woven fabric production rose slightly to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 14%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Narrow Woven Fabric Exports

Exports from Slovakia

In 2021, shipments abroad of narrow woven fabrics increased by 12% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports recorded a resilient increase. The most prominent rate of growth was recorded in 2017 when exports increased by 43%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, narrow woven fabric exports expanded notably to $X in 2021. In general, exports showed temperate growth. The pace of growth appeared the most rapid in 2017 when exports increased by 55% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X tons), Poland (X tons) and Estonia (X tons) were the main destinations of narrow woven fabric exports from Slovakia, together accounting for 76% of total exports. Sweden, Italy, Romania, Hungary and Lithuania lagged somewhat behind, together comprising a further 13%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lithuania (with a CAGR of +131.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for narrow woven fabric exported from Slovakia were Germany ($X), Poland ($X) and Romania ($X), together comprising 56% of total exports. These countries were followed by Sweden, Estonia, Italy, Hungary and Lithuania, which together accounted for a further 13%.

Among the main countries of destination, Lithuania, with a CAGR of +121.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average narrow woven fabric export price stood at $X per ton in 2021, falling by -4.1% against the previous year. Over the period under review, the export price saw a pronounced decline. The most prominent rate of growth was recorded in 2013 when the average export price increased by 14%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Estonia ($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 Sweden (-1.0%), while the prices for the other major destinations experienced a decline.

Narrow Woven Fabric Imports

Imports into Slovakia

In 2021, supplies from abroad of narrow woven fabrics increased by 7% to X tons, rising for the second consecutive year after two years of decline. In general, imports saw a moderate increase. The most prominent rate of growth was recorded in 2016 with an increase of 59% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, narrow woven fabric imports expanded significantly to $X in 2021. Overall, total imports indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.8% 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 2016 with an increase of 68%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

The Czech Republic (X tons), Germany (X tons) and Austria (X tons) were the main suppliers of narrow woven fabric imports to Slovakia, together accounting for 60% of total imports. These countries were followed by China, Vietnam, the UK, Italy, France, Croatia and Slovenia, which together accounted for a further 32%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +95.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of narrow woven fabrics to Slovakia, comprising 30% of total imports. The second position in the ranking was held by Austria ($X), with a 14% share of total imports. It was followed by Italy, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at -4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+21.3% per year) and Italy (+6.2% per year).

Import Prices by Country

In 2021, the average narrow woven fabric import price amounted to $X per ton, standing approx. at the previous year. Overall, the import price, however, recorded a pronounced setback. The growth pace was the most rapid in 2018 when the average import price increased by 12%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+8.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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