Slovakia: Paper Knife Market 2024

Paper Knife Market Size in Slovakia

In 2022, the Slovak paper knife market was finally on the rise to reach $X after three years of decline. Over the period under review, consumption showed strong growth. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Paper Knife Exports

Exports from Slovakia

In 2022, approx. X units of paper knives were exported from Slovakia; with an increase of 61% compared with the previous year's figure. In general, exports saw noticeable growth. The pace of growth was the most pronounced in 2017 with an increase of 343% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, paper knife exports skyrocketed to $X in 2022. Over the period under review, exports showed prominent growth. The growth pace was the most rapid in 2017 when exports increased by 460% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Hungary (X units), Austria (X units) and the Czech Republic (X units) were the main destinations of paper knife exports from Slovakia, with a combined 67% share of total exports. Poland, Romania, Germany, Italy and France lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +238.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Poland ($X) and the Czech Republic ($X) appeared to be the largest markets for paper knife exported from Slovakia worldwide, with a combined 61% share of total exports. Hungary, Romania, France, Germany and Italy lagged somewhat behind, together accounting for a further 35%.

Among the main countries of destination, Italy, with a CAGR of +143.2%, saw the highest rates of growth with regard to 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

In 2022, the average paper knife export price amounted to $X per unit, declining by -21.8% against the previous year. Over the period under review, the export price, however, showed a buoyant increase. The growth pace was the most rapid in 2013 when the average export price increased by 166% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Hungary ($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 Romania (+25.1%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Knife Imports

Imports into Slovakia

In 2022, purchases abroad of paper knives increased by 41% to X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports posted a resilient expansion. The growth pace was the most rapid in 2017 with an increase of 51% against the previous year. Over the period under review, imports reached the maximum at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, paper knife imports expanded markedly to $X in 2022. In general, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 68%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of paper knife to Slovakia, accounting for a 59% share of total imports. Moreover, paper knife imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), sevenfold. The third position in this ranking was taken by Poland (X units), with a 4.5% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+107.8% per year) and Poland (+84.3% per year).

In value terms, China ($X) constituted the largest supplier of paper knives to Slovakia, comprising 67% of total imports. The second position in the ranking was held by Mexico ($X), with an 8.3% share of total imports. It was followed by Germany, with a 5.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +14.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+31.7% per year) and Germany (+8.6% per year).

Import Prices by Country

The average paper knife import price stood at $X per unit in 2022, waning by -18.5% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, paper knife import price increased by +49.6% against 2018 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 41%. Over the period under review, average import prices reached the peak figure at $X per unit in 2021, and then contracted sharply in the following year.

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 Germany ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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