Slovakia: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Slovakia

In 2022, the Slovak market for self-adhesive plastic tape in rolls of a width under 20cm decreased by -17.6% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption showed a noticeable descent. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Slovakia

In value terms, production of self-adhesive plastic tape in rolls of a width under 20cm contracted slightly to $X in 2022 estimated in export price. In general, production, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when the production volume increased by 249% against the previous year. As a result, production attained the peak level of $X, and then dropped in the following year.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports from Slovakia

In 2022, shipments abroad of self-adhesive plastic tape in rolls of a width under 20cm decreased by -3.9% to X tons, falling for the third consecutive year after four years of growth. Overall, exports, however, continue to indicate a perceptible expansion. The pace of growth appeared the most rapid in 2014 with an increase of 157%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of self-adhesive plastic tape in rolls of a width under 20cm expanded markedly to $X in 2022. Over the period under review, exports, however, posted temperate growth. The most prominent rate of growth was recorded in 2013 with an increase of 117% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

France (X tons), Hungary (X tons) and Austria (X tons) were the main destinations of exports of self-adhesive plastic tape in rolls of a width under 20cm from Slovakia, with a combined 60% share of total exports. The Czech Republic, Germany, Poland and Slovenia lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of +60.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X) emerged as the key foreign market for self-adhesive plastic tape in rolls of a width under 20cm exports from Slovakia, comprising 34% of total exports. The second position in the ranking was taken by Austria ($X), with a 14% share of total exports. It was followed by the Czech Republic, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Hungary totaled +2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+33.0% per year) and the Czech Republic (+4.9% per year).

Export Prices by Country

In 2022, the average export price for self-adhesive plastic tape in rolls of a width under 20cm amounted to $X per ton, surging by 16% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 64%. 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 Hungary ($X per ton), while the average price for exports to France ($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 Austria (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports into Slovakia

Imports of self-adhesive plastic tape in rolls of a width under 20cm into Slovakia declined sharply to X tons in 2022, with a decrease of -19% on the previous year. Overall, imports saw a pronounced downturn. The pace of growth appeared the most rapid in 2021 with an increase of 34%. Over the period under review, imports of attained the peak figure at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, imports of self-adhesive plastic tape in rolls of a width under 20cm declined slightly to $X in 2022. In general, total imports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.8% against 2020 indices. The pace of growth was the most pronounced in 2014 when imports increased by 36% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Germany (X tons), Poland (X tons) and the Czech Republic (X tons) were the main suppliers of imports of self-adhesive plastic tape in rolls of a width under 20cm to Slovakia, together accounting for 64% of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +4.4%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of self-adhesive plastic tape in rolls of a width under 20cm to Slovakia, comprising 21% of total imports. The second position in the ranking was held by the Czech Republic ($X), with an 8.5% share of total imports. It was followed by South Korea, with a 6.4% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+9.1% per year) and South Korea (-7.9% per year).

Import Prices by Country

In 2022, the average import price for self-adhesive plastic tape in rolls of a width under 20cm amounted to $X per ton, surging by 21% against the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2022: its price 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. Based on 2022 figures, import price for self-adhesive plastic tape in rolls of a width under 20cm increased by +22.4% against 2020 indices. The growth pace was the most rapid in 2014 when the average import price increased by 42%. The import price peaked at $X per ton in 2016; however, from 2017 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 South Korea ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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