Slovakia: Plastic Packaging Market 2024

Plastic Packaging Market Size in Slovakia

In 2022, the Slovak plastic packaging market decreased by X% to $X, falling for the fourth year in a row after two years of growth. Over the period under review, consumption continues to indicate a abrupt slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Plastic Packaging Production in Slovakia

In value terms, plastic packaging production soared to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Plastic Packaging Exports

Exports from Slovakia

In 2022, approx. X tons of plastic packaging were exported from Slovakia; which is down by X% against the year before. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, plastic packaging exports amounted to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Austria (X tons), Germany (X tons) and the UK (X tons) were the main destinations of plastic packaging exports from Slovakia, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic packaging exported from Slovakia were Germany ($X), Austria ($X) and Poland ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Poland, with a CAGR of X%, recorded the highest growth rate of 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 plastic packaging export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X%. The export price peaked at $X per ton in 2012; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Austria ($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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Packaging Imports

Imports into Slovakia

After two years of growth, overseas purchases of plastic packaging decreased by X% to X tons in 2022. Overall, total imports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then fell remarkably in the following year.

In value terms, plastic packaging imports reduced to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

The Czech Republic (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of plastic packaging imports to Slovakia, with a combined X% share of total imports. Hungary, the UK, Italy, France, the Netherlands, Austria, Turkey, Belgium, China and Serbia lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest plastic packaging suppliers to Slovakia were the Czech Republic ($X), Germany ($X) and Poland ($X), with a combined X% share of total imports. Hungary, the UK, France, Italy, the Netherlands, Austria, China, Turkey, Belgium and Serbia lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, the UK, with a CAGR of X%, saw the highest rates of growth with regard to 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 plastic packaging import price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price, however, recorded a pronounced decline. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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