Slovakia: Market for Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards 2024

Market Size for Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards in Slovakia

The Slovak non-woven glass fibre articles market expanded sharply to $X in 2021, increasing by 14% against the previous year. In general, the total consumption indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +47.4% against 2019 indices. Non-woven glass fibre articles consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards in Slovakia

In value terms, non-woven glass fibre articles production reduced to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 175% against the previous year. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards

Exports from Slovakia

In 2021, non-woven glass fibre articles exports from Slovakia soared to X tons, increasing by 23% on the previous year. Overall, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by 591%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, non-woven glass fibre articles exports rose notably to $X in 2021. Over the period under review, exports saw prominent growth. The most prominent rate of growth was recorded in 2013 when exports increased by 450% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for non-woven glass fibre articles exports from Slovakia, with a 62% share of total exports. Moreover, non-woven glass fibre articles exports to Germany exceeded the volume sent to the second major destination, Poland (X tons), eightfold. Austria (X tons) ranked third in terms of total exports with a 6.2% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at +36.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+15.5% per year) and Austria (+18.2% per year).

In value terms, Germany ($X) remains the key foreign market for non-woven glass fibre webs, felts, mattresses and boards exports from Slovakia, comprising 53% of total exports. The second position in the ranking was taken by Poland ($X), with an 11% share of total exports. It was followed by Austria, with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +31.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+18.4% per year) and Austria (+17.7% per year).

Export Prices by Country

The average non-woven glass fibre articles export price stood at $X per ton in 2021, declining by -14.1% against the previous year. In general, the export price showed a perceptible setback. The growth pace was the most rapid in 2018 an increase of 12% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Poland ($X per ton), while the average price for exports to Belgium ($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 Poland (+2.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards

Imports into Slovakia

In 2021, approx. X tons of non-woven glass fibre webs, felts, mattresses and boards were imported into Slovakia; increasing by 16% compared with 2020. Over the period under review, imports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of 168%. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, non-woven glass fibre articles imports skyrocketed to $X in 2021. In general, imports enjoyed a prominent increase. The pace of growth was the most pronounced in 2016 when imports increased by 140%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Poland (X tons) constituted the largest non-woven glass fibre articles supplier to Slovakia, with a 74% share of total imports. Moreover, non-woven glass fibre articles imports from Poland exceeded the figures recorded by the second-largest supplier, Romania (X tons), eightfold. France (X tons) ranked third in terms of total imports with a 6.5% share.

From 2012 to 2021, the average annual growth rate of volume from Poland stood at +7.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+109.4% per year) and France (+53.3% per year).

In value terms, Poland ($X) constituted the largest supplier of non-woven glass fibre webs, felts, mattresses and boards to Slovakia, comprising 53% of total imports. The second position in the ranking was taken by France ($X), with an 11% share of total imports. It was followed by Italy, with an 8.5% share.

From 2012 to 2021, the average annual growth rate of value from Poland amounted to +7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+36.1% per year) and Italy (+142.8% per year).

Import Prices by Country

The average non-woven glass fibre articles import price stood at $X per ton in 2021, picking up by 15% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.6%. The import price peaked at $X per ton in 2014; afterwards, it flattened through to 2021.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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