Slovakia: Market for Woven Pile Fabrics And Chenille Fabrics 2025

Market Size for Woven Pile Fabrics And Chenille Fabrics in Slovakia

The Slovak pile and chenille fabric market contracted modestly to $X in 2021, shrinking by -4.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a noticeable setback. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Exports of Woven Pile Fabrics And Chenille Fabrics

Exports from Slovakia

In 2021, pile and chenille fabric exports from Slovakia surged to X tons, jumping by 68% on the year before. Over the period under review, exports, however, saw a drastic downturn. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, pile and chenille fabric exports surged to $X in 2021. Overall, exports, however, showed a abrupt downturn. The growth pace was the most rapid in 2017 with an increase of 55% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for pile and chenille fabric exports from Slovakia, accounting for a 57% share of total exports. Moreover, pile and chenille fabric exports to China exceeded the volume sent to the second major destination, the Czech Republic (X tons), twofold. Ukraine (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to China amounted to +126.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+10.1% per year) and Ukraine (-6.3% per year).

In value terms, China ($X) remains the key foreign market for woven pile fabrics and chenille fabrics exports from Slovakia, comprising 50% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 23% share of total exports. It was followed by Ukraine, with a 20% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China amounted to +130.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+3.9% per year) and Ukraine (-9.7% per year).

Export Prices by Country

The average pile and chenille fabric export price stood at $X per ton in 2021, reducing by -13% against the previous year. In general, the export price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 24%. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Germany ($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 Denmark (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Woven Pile Fabrics And Chenille Fabrics

Imports into Slovakia

In 2021, overseas purchases of woven pile fabrics and chenille fabrics increased by 5.8% to X tons, rising for the second year in a row after two years of decline. Overall, imports, however, showed a slight curtailment. The pace of growth was the most pronounced in 2013 when imports increased by 39%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, pile and chenille fabric imports rose slightly to $X in 2021. Over the period under review, imports, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2017 when imports increased by 23% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X tons), the Netherlands (X tons) and Belgium (X tons) were the main suppliers of pile and chenille fabric imports to Slovakia, with a combined 72% share of total imports. Poland, Turkey, the Czech Republic, Denmark and China lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of +163.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Belgium ($X) appeared to be the largest pile and chenille fabric suppliers to Slovakia, together comprising 74% of total imports. These countries were followed by Poland, Turkey, the Czech Republic, Denmark and China, which together accounted for a further 19%.

In terms of the main suppliers, Denmark, with a CAGR of +100.1%, 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 pile and chenille fabric import price stood at $X per ton in 2021, waning by -3.7% against the previous year. In general, the import price continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2017 an increase of 13% 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 stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+0.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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