Slovakia: Plastic Container Market 2024

Plastic Container Market Size in Slovakia

In 2021, after three years of decline, there was significant growth in the Slovak plastic container market, when its value increased by 49% to $X. Overall, the total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Plastic Container Production in Slovakia

In value terms, plastic container production rose sharply to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a mild slump. The most prominent rate of growth was recorded in 2017 when the production volume increased by 24% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

Plastic Container Exports

Exports from Slovakia

Plastic container exports from Slovakia expanded rapidly to X tons in 2021, growing by 5.6% against the previous year. In general, exports enjoyed a perceptible expansion. The growth pace was the most rapid in 2013 with an increase of 114%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, plastic container exports surged to $X in 2021. Over the period under review, exports saw a pronounced increase. The most prominent rate of growth was recorded in 2013 with an increase of 150% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The Czech Republic (X tons), Poland (X tons) and Turkey (X tons) were the main destinations of plastic container exports from Slovakia, with a combined 52% share of total exports. These countries were followed by China, Mexico, the United States, Serbia, Hungary, Germany, the UK, Italy, Russia and Moldova, which together accounted for a further 34%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Moldova (with a CAGR of +213.3%), while the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), the United States ($X) and Poland ($X) were the largest markets for plastic container exported from Slovakia worldwide, together accounting for 44% of total exports. These countries were followed by China, Turkey, Germany, Hungary, the UK, Serbia, Russia, Mexico, Italy and Moldova, which together accounted for a further 39%.

Moldova, with a CAGR of +211.4%, 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

The average plastic container export price stood at $X per ton in 2021, surging by 16% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2016 when the average export price increased by 18% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Moldova ($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 China (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Container Imports

Imports into Slovakia

Plastic container imports into Slovakia soared to X tons in 2021, growing by 29% against the previous year. Over the period under review, imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2013 with an increase of 164%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, plastic container imports surged to $X in 2021. Overall, imports saw a prominent expansion. The growth pace was the most rapid in 2013 with an increase of 184% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Hungary (X tons), the Czech Republic (X tons) and Poland (X tons) were the main suppliers of plastic container imports to Slovakia, with a combined 68% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +11.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Germany ($X) and Hungary ($X) appeared to be the largest plastic container suppliers to Slovakia, with a combined 60% share of total imports. These countries were followed by Poland, Italy, Turkey, Austria, France and China, which together accounted for a further 29%.

Italy, with a CAGR of +17.5%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average plastic container import price amounted to $X per ton, with an increase of 3% against the previous year. Overall, the import price, however, saw a mild setback. The pace of growth was the most pronounced in 2019 an increase of 9.3% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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