Slovakia: Market for Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics 2024

Market Size for Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Slovakia

In 2022, the Slovak market for non-cellular plates, sheets, film, foil and strip of plastics increased by 1.6% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, posted a pronounced increase. Over the period under review, the market attained the maximum level in 2022 and is likely to continue growth in the immediate term.

Production of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Slovakia

In value terms, production of non-cellular plates, sheets, film, foil and strip of plastics declined to $X in 2022 estimated in export price. Over the period under review, production, however, showed a resilient increase. The growth pace was the most rapid in 2018 when the production volume increased by 89% against the previous year. Over the period under review, production of attained the peak level at $X in 2021, and then dropped in the following year.

Exports of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Exports from Slovakia

Exports of non-cellular plates, sheets, film, foil and strip of plastics from Slovakia shrank notably to X tons in 2022, declining by -25.7% compared with the previous year's figure. Overall, exports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of 64% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, exports of non-cellular plates, sheets, film, foil and strip of plastics reduced to $X in 2022. In general, exports, however, showed a prominent increase. The pace of growth was the most pronounced in 2021 when exports increased by 53% against the previous year. As a result, the exports reached the peak of $X, and then contracted in the following year.

Exports by Country

Germany (X tons), the Czech Republic (X tons) and Italy (X tons) were the main destinations of exports of non-cellular plates, sheets, film, foil and strip of plastics from Slovakia, together accounting for 39% of total exports. The United States, France, Poland, Hungary, Norway, the Netherlands, Ireland, the UK, Bulgaria and Romania lagged somewhat behind, together comprising a further 46%.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +56.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-cellular plates, sheets, film, foil and strip of plastics exported from Slovakia were Germany ($X), the Czech Republic ($X) and the United States ($X), together accounting for 39% of total exports. Italy, France, Poland, Norway, Hungary, the UK, the Netherlands, Ireland, Romania and Bulgaria lagged somewhat behind, together comprising a further 43%.

Italy, with a CAGR of +55.7%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for non-cellular plates, sheets, film, foil and strip of plastics stood at $X per ton in 2022, picking up by 25% against the previous year. In general, the export price, however, showed a noticeable slump. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Bulgaria ($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 Germany (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Imports into Slovakia

In 2022, after two years of growth, there was significant decline in overseas purchases of non-cellular plates, sheets, film, foil and strip of plastics, when their volume decreased by -14.6% to X tons. The total import volume increased at an average annual rate of +4.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when imports increased by 32%. Imports peaked at X tons in 2021, and then fell in the following year.

In value terms, imports of non-cellular plates, sheets, film, foil and strip of plastics fell to $X in 2022. Overall, total imports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.7% against 2013 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 38% against the previous year. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of non-cellular plates, sheets, film, foil and strip of plastics to Slovakia, with a 26% share of total imports. Moreover, imports of non-cellular plates, sheets, film, foil and strip of plastics from Germany exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), twofold. The third position in this ranking was held by Switzerland (X tons), with a 7.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (-2.8% per year) and Switzerland (+5.9% per year).

In value terms, the largest non-cellular plates, sheets, film, foil and strip of plastics suppliers to Slovakia were Germany ($X), the Czech Republic ($X) and Italy ($X), with a combined 43% share of total imports. Switzerland, Austria, Hungary, Poland, the United States, Greece, China, South Korea, Finland and Belgium lagged somewhat behind, together accounting for a further 33%.

Greece, with a CAGR of +137.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for non-cellular plates, sheets, film, foil and strip of plastics stood at $X per ton in 2022, picking up by 10% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 17%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, 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 Greece ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform