Slovakia: Newspaper Market 2024

Newspaper Market Size in Slovakia

The Slovak newspaper market surged to $X in 2022, increasing by 25% against the previous year. Over the period under review, consumption, however, recorded a noticeable descent. Newspaper consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Newspaper Production in Slovakia

In value terms, newspaper production totaled $X in 2022 estimated in export price. In general, production, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when the production volume increased by 10%. Newspaper production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Newspaper Exports

Exports from Slovakia

Newspaper exports from Slovakia shrank notably to X units in 2022, reducing by -21.7% on the previous year's figure. Over the period under review, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 14% against the previous year. Over the period under review, the exports reached the maximum at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, newspaper exports expanded sharply to $X in 2022. Overall, exports recorded a perceptible decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 15% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X units), Hungary (X units) and Austria (X units) were the main destinations of newspaper exports from Slovakia, together accounting for 99% of total exports.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of -4.1%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for newspaper exported from Slovakia were the Czech Republic ($X), Hungary ($X) and Austria ($X), together accounting for 93% of total exports.

Hungary, with a CAGR of +1.1%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average newspaper export price stood at $X per unit in 2022, growing by 38% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per unit), while the average price for exports to Austria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+6.5%), while the prices for the other major destinations experienced mixed trend patterns.

Newspaper Imports

Imports into Slovakia

In 2022, purchases abroad of newspapers, journals and periodicals increased by 19% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, showed a drastic downturn. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, newspaper imports surged to $X in 2022. Overall, imports, however, saw a perceptible shrinkage. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Czech Republic (X units) constituted the largest supplier of newspaper to Slovakia, with a 83% share of total imports. Moreover, newspaper imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Italy (X units), more than tenfold. Hungary (X units) ranked third in terms of total imports with a 5.3% share.

From 2012 to 2022, the average annual growth rate of volume from the Czech Republic amounted to -1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+16.9% per year) and Hungary (-22.9% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of newspapers, journals and periodicals to Slovakia, comprising 56% of total imports. The second position in the ranking was held by Italy ($X), with a 27% share of total imports. It was followed by Hungary, with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Czech Republic totaled -6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+25.0% per year) and Hungary (-6.9% per year).

Import Prices by Country

The average newspaper import price stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. Overall, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, newspaper import price decreased by -16.3% against 2020 indices. The pace of growth appeared the most rapid in 2020 an increase of 55% against the previous year. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :