Slovakia: Non-Cotton Terry Towelling Market 2025

Non-Cotton Terry Towelling Market Size in Slovakia

In 2021, the Slovak non-cotton terry towelling market was finally on the rise to reach $X after two years of decline. Overall, consumption enjoyed notable growth. Non-cotton terry towelling consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Non-Cotton Terry Towelling Production in Slovakia

In value terms, non-cotton terry towelling production totaled $X in 2021 estimated in export price. In general, production continues to indicate a sharp setback. The pace of growth was the most pronounced in 2020 when the production volume decreased by 99.9%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Non-Cotton Terry Towelling Exports

Exports from Slovakia

In 2021, exports of terry towelling (excluding of cotton) from Slovakia skyrocketed to X square meters, growing by 36,461% compared with 2020. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-cotton terry towelling exports soared to $X in 2021. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Czech Republic (X square meters), Germany (X square meters) and Hungary (X square meters) were the main destinations of non-cotton terry towelling exports from Slovakia, with a combined 57% share of total exports. Bulgaria, Italy, France, Slovenia, Poland, Austria and Croatia lagged somewhat behind, together comprising a further 36%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +34,666.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-cotton terry towelling exported from Slovakia were the Czech Republic ($X), Germany ($X) and Hungary ($X), together accounting for 57% of total exports. These countries were followed by Bulgaria, Italy, France, Slovenia, Poland, Austria and Croatia, which together accounted for a further 35%.

In terms of the main countries of destination, France, with a CAGR of +87,529.6%, saw 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 2021, the average non-cotton terry towelling export price amounted to $X per square meter, with an increase of 48% against the previous year. In general, the export price enjoyed resilient growth. The growth pace was the most rapid in 2020 an increase of 53% against the previous year. The export price peaked at $X per square meter in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Austria ($X per square meter) and Germany ($X per square meter), while the average price for exports to the Czech Republic ($X per square meter) and Slovenia ($X per square meter) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+151.3%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Cotton Terry Towelling Imports

Imports into Slovakia

In 2021, imports of terry towelling (excluding of cotton) into Slovakia shrank remarkably to X square meters, with a decrease of -57.2% against the previous year. Overall, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 347%. As a result, imports attained the peak of X square meters. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, non-cotton terry towelling imports declined significantly to $X in 2021. In general, imports recorded a precipitous curtailment. The pace of growth appeared the most rapid in 2017 when imports increased by 636% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the Czech Republic (X square meters) constituted the largest supplier of non-cotton terry towelling to Slovakia, accounting for a 66% share of total imports. Moreover, non-cotton terry towelling imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Hungary (X square meters), twofold. France (X square meters) ranked third in terms of total imports with a 3.9% share.

From 2012 to 2021, the average annual growth rate of volume from the Czech Republic stood at +4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+38.9% per year) and France (+38.4% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of terry towelling (excluding of cotton) to Slovakia, comprising 75% of total imports. The second position in the ranking was held by France ($X), with a 16% share of total imports. It was followed by Hungary, with a 7.7% share.

From 2012 to 2021, the average annual growth rate of value from the Czech Republic was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (+56.4% per year) and Hungary (-17.6% per year).

Import Prices by Country

In 2021, the average non-cotton terry towelling import price amounted to $X per square meter, picking up by 6.1% against the previous year. Overall, the import price, however, recorded a noticeable decline. The pace of growth appeared the most rapid in 2017 when the average import price increased by 65%. The import price peaked at $X per square meter in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+41.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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