Slovakia: Market for PVC Floor, Wall and Ceiling Coverings 2024

Market Size for PVC Floor, Wall and Ceiling Coverings in Slovakia

In 2022, after two years of growth, there was significant decline in the Slovak market for PVC floor, wall and ceiling coverings, when its value decreased by -13.1% to $X. Overall, the total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +5.9% against 2016 indices. Consumption of peaked at $X in 2021, and then dropped in the following year.

Production of PVC Floor, Wall and Ceiling Coverings in Slovakia

In value terms, production of PVC floor, wall and ceiling coverings shrank slightly to $X in 2022 estimated in export price. Over the period under review, production faced a deep downturn. The pace of growth appeared the most rapid in 2014 when the production volume increased by 53%. As a result, production reached the peak level of $X. From 2015 to 2022, production of growth remained at a somewhat lower figure.

Exports of PVC Floor, Wall and Ceiling Coverings

Exports from Slovakia

In 2022, approx. X square meters of PVC floor, wall and ceiling coverings were exported from Slovakia; waning by -33.4% compared with the previous year's figure. Overall, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2015 with an increase of 115%. Over the period under review, the exports of hit record highs at X square meters in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of PVC floor, wall and ceiling coverings dropped sharply to $X in 2022. Over the period under review, exports showed a slight descent. The pace of growth was the most pronounced in 2015 when exports increased by 98%. Over the period under review, the exports of reached the maximum at $X in 2021, and then plummeted in the following year.

Exports by Country

The Czech Republic (X square meters), Hungary (X square meters) and Austria (X square meters) were the main destinations of exports of PVC floor, wall and ceiling coverings from Slovakia, with a combined 96% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +152.2%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the Czech Republic ($X), Hungary ($X) and Austria ($X) appeared to be the largest markets for PVC floor, wall and ceiling coverings exported from Slovakia worldwide, with a combined 89% share of total exports.

In terms of the main countries of destination, Hungary, with a CAGR of +138.8%, 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 mixed trend patterns.

Export Prices by Country

The average export price for PVC floor, wall and ceiling coverings stood at $X per square meter in 2022, rising by 10% against the previous year. In general, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for PVC floor, wall and ceiling coverings increased by +81.4% against 2017 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 83%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per square meter), while the average price for exports to Ukraine ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of PVC Floor, Wall and Ceiling Coverings

Imports into Slovakia

In 2022, after two years of growth, there was significant decline in supplies from abroad of PVC floor, wall and ceiling coverings, when their volume decreased by -15.8% to X square meters. Over the period under review, total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by 48% against the previous year. Over the period under review, imports of attained the maximum at X square meters in 2021, and then fell significantly in the following year.

In value terms, imports of PVC floor, wall and ceiling coverings reduced dramatically to $X in 2022. In general, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when imports increased by 35% against the previous year. Over the period under review, imports of hit record highs at $X in 2021, and then reduced sharply in the following year.

Imports by Country

China (X square meters), Belgium (X square meters) and Germany (X square meters) were the main suppliers of imports of PVC floor, wall and ceiling coverings to Slovakia, together accounting for 46% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +46.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Belgium ($X) and Germany ($X) appeared to be the largest PVC floor, wall and ceiling coverings suppliers to Slovakia, together accounting for 42% of total imports.

In terms of the main suppliers, China, with a CAGR of +39.7%, 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 import price for PVC floor, wall and ceiling coverings stood at $X per square meter in 2022, stabilizing at the previous year. Overall, the import price, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2014 when the average import price increased by 11% against the previous year. Over the period under review, average import prices hit record highs at $X per square meter in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per square meter), while the price for Slovenia ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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