Slovakia: Nonwoven Fabric Market 2024

Nonwoven Fabric Market Size in Slovakia

In 2022, the Slovak nonwoven fabric market decreased by -3.6% to $X, falling for the second year in a row after two years of growth. In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Nonwoven Fabric Production in Slovakia

In value terms, nonwoven fabric production fell to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a deep slump. The growth pace was the most rapid in 2019 when the production volume increased by 104%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Nonwoven Fabric Exports

Exports from Slovakia

In 2022, the amount of nonwoven fabrics exported from Slovakia contracted dramatically to X tons, which is down by -23.7% on 2021. Over the period under review, exports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2013 when exports increased by 78%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, nonwoven fabric exports expanded significantly to $X in 2022. In general, exports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 42%. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), the Czech Republic (X tons) and Moldova (X tons) were the main destinations of nonwoven fabric exports from Slovakia, together comprising 56% of total exports. These countries were followed by Bosnia and Herzegovina, Hungary, Poland, France, Ukraine, China, Vietnam, North Macedonia, Spain and Romania, which together accounted for a further 27%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +80.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for nonwoven fabric exported from Slovakia were Germany ($X), the Czech Republic ($X) and Bosnia and Herzegovina ($X), with a combined 54% share of total exports. Moldova, Ukraine, Poland, China, Hungary, Vietnam, Romania, France, Spain and North Macedonia lagged somewhat behind, together accounting for a further 33%.

Vietnam, with a CAGR of +75.4%, saw the highest rates of growth with regard to 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

In 2022, the average nonwoven fabric export price amounted to $X per ton, picking up by 48% against the previous year. Overall, the export price, however, continues to indicate a pronounced descent. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to North Macedonia ($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 China (+6.6%), while the prices for the other major destinations experienced mixed trend patterns.

Nonwoven Fabric Imports

Imports into Slovakia

In 2022, overseas purchases of nonwoven fabrics decreased by -0.5% to X tons, falling for the second consecutive year after two years of growth. Overall, total imports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -12.8% against 2020 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 106% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, nonwoven fabric imports dropped to $X in 2022. The total import value increased at an average annual rate of +1.6% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 12% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of nonwoven fabric to Slovakia, with a 34% share of total imports. Moreover, nonwoven fabric imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was held by France (X tons), with a 9.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy totaled +9.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.7% per year) and France (+0.1% per year).

In value terms, the largest nonwoven fabric suppliers to Slovakia were Italy ($X), Germany ($X) and France ($X), with a combined 65% share of total imports. Poland, the Czech Republic, Sweden and Austria lagged somewhat behind, together accounting for a further 20%.

Among the main suppliers, Sweden, with a CAGR of +13.8%, saw 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 2022, the average nonwoven fabric import price amounted to $X per ton, declining by -10.1% against the previous year. Overall, the import price showed a slight downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 80% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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