Slovakia: Market for Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning 2024

Market Size for Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning in Slovakia

The Slovak market for polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning soared to $X in 2021, jumping by 22% against the previous year. In general, consumption, however, recorded a deep contraction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning in Slovakia

In value terms, production of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning amounted to $X in 2021 estimated in export price. Over the period under review, production, however, faced a abrupt contraction. The growth pace was the most rapid in 2019 when the production volume increased by 28% against the previous year. Production of peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning

Exports from Slovakia

Exports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning from Slovakia contracted sharply to X tons in 2021, which is down by -31.3% against the previous year's figure. In general, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of 449% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, exports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning contracted markedly to $X in 2021. Over the period under review, exports recorded a perceptible downturn. The most prominent rate of growth was recorded in 2015 when exports increased by 223%. Over the period under review, the exports of hit record highs at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X tons), the Czech Republic (X tons) and Germany (X tons) were the main destinations of exports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning from Slovakia, with a combined 96% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +7.9%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning exported from Slovakia were the Czech Republic ($X), Italy ($X) and Germany ($X), with a combined 94% share of total exports.

In terms of the main countries of destination, Germany, with a CAGR of +10.9%, recorded 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 2021, the average export price for polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning amounted to $X per ton, with a decrease of -17.8% against the previous year. In general, the export price showed a abrupt setback. The pace of growth appeared the most rapid in 2013 an increase of 76%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Germany ($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 Italy (+4.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning

Imports into Slovakia

In 2021, the amount of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning imported into Slovakia soared to X tons, with an increase of 74% against 2020 figures. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2015 with an increase of 848%. Over the period under review, imports of attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, imports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning soared to $X in 2021. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 514% against the previous year. Over the period under review, imports of reached the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

The Czech Republic (X tons), Belgium (X tons) and Hungary (X tons) were the main suppliers of imports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning to Slovakia, together accounting for 97% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +93.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Belgium ($X) and Germany ($X) appeared to be the largest polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning suppliers to Slovakia, together comprising 96% of total imports.

In terms of the main suppliers, Belgium, with a CAGR of +117.8%, recorded 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

The average import price for polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning stood at $X per ton in 2021, with an increase of 27% against the previous year. In general, the import price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2017 when the average import price increased by 30% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, 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 Germany ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+12.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :