Slovakia: Market for Plastic Baths, Shower-Baths, Sinks And Wash-Basins 2024

Market Size for Plastic Baths, Shower-Baths, Sinks And Wash-Basins in Slovakia

After eight years of growth, the Slovak plastic bath or sink market decreased by -25.9% to $X in 2022. Overall, consumption, however, saw strong growth. Over the period under review, the market reached the peak level at $X in 2021, and then dropped dramatically in the following year.

Production of Plastic Baths, Shower-Baths, Sinks And Wash-Basins in Slovakia

In value terms, plastic bath or sink production surged to $X in 2022 estimated in export price. Overall, production, however, posted a strong expansion. The growth pace was the most rapid in 2016 when the production volume increased by 227%. Plastic bath or sink production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Plastic Baths, Shower-Baths, Sinks And Wash-Basins

Exports from Slovakia

In 2022, shipments abroad of plastic baths, shower-baths, sinks and wash-basins increased by 269% to X units, rising for the fifth year in a row after two years of decline. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 275% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, plastic bath or sink exports skyrocketed to $X in 2022. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 213%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

France (X units), Germany (X units) and Italy (X units) were the main destinations of plastic bath or sink exports from Slovakia, together accounting for 54% of total exports. These countries were followed by Poland, the UK, the Czech Republic, Turkey, Australia, Romania, the United States, the Netherlands, China and Canada, which together accounted for a further 39%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +5,337.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic bath or sink exported from Slovakia were France ($X), Germany ($X) and Italy ($X), with a combined 53% share of total exports. These countries were followed by Poland, the Czech Republic, the UK, Turkey, the Netherlands, Romania, Australia, the United States, China and Canada, which together accounted for a further 39%.

China, with a CAGR of +3,458.5%, 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 more modest paces of growth.

Export Prices by Country

In 2022, the average plastic bath or sink export price amounted to $X per unit, which is down by -23% against the previous year. In general, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2016 when the average export price increased by 54% against the previous year. The export price peaked at $X per unit 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 the Netherlands ($X per unit), while the average price for exports to China ($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 the United States (+9.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Plastic Baths, Shower-Baths, Sinks And Wash-Basins

Imports into Slovakia

After two years of growth, overseas purchases of plastic baths, shower-baths, sinks and wash-basins decreased by -42.3% to X units in 2022. Over the period under review, imports recorded a mild curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 49%. As a result, imports attained the peak of X units, and then fell significantly in the following year.

In value terms, plastic bath or sink imports shrank significantly to $X in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. As a result, imports reached the peak of $X, and then declined rapidly in the following year.

Imports by Country

The Czech Republic (X units), Hungary (X units) and Poland (X units) were the main suppliers of plastic bath or sink imports to Slovakia, together comprising 65% of total imports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +18.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Hungary ($X) and Germany ($X) constituted the largest plastic bath or sink suppliers to Slovakia, together accounting for 71% of total imports.

Among the main suppliers, Hungary, with a CAGR of +28.8%, 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

The average plastic bath or sink import price stood at $X per unit in 2022, with an increase of 1.9% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 12%. The import price peaked at $X per unit 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 Hungary ($X per unit), while the price for Egypt ($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 (+8.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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