Slovenia: Plastic Household Articles Market 2024

Plastic Household Articles Market Size in Slovenia

For the ninth consecutive year, the Slovene plastic household articles market recorded growth in sales value, which increased by 7.6% to $X in 2022. In general, consumption, however, continues to indicate strong growth. Plastic household articles consumption peaked in 2022 and is likely to see steady growth in the near future.

Plastic Household Articles Production in Slovenia

In value terms, plastic household articles production expanded notably to $X in 2022 estimated in export price. Over the period under review, the total production indicated strong 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, production decreased by -10.7% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by 25% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Plastic Household Articles Exports

Exports from Slovenia

In 2022, overseas shipments of household articles and toilet articles of plastics decreased by -63.3% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of 108%. Over the period under review, the exports hit record highs at X tons in 2021, and then fell significantly in the following year.

In value terms, plastic household articles exports contracted dramatically to $X in 2022. Over the period under review, exports, however, recorded mild growth. The growth pace was the most rapid in 2020 when exports increased by 79%. Over the period under review, the exports attained the peak figure at $X in 2021, and then dropped dramatically in the following year.

Exports by Country

Germany (X tons) was the main destination for plastic household articles exports from Slovenia, accounting for a 23% share of total exports. Moreover, plastic household articles exports to Germany exceeded the volume sent to the second major destination, Croatia (X tons), twofold. The third position in this ranking was held by the United States (X tons), with an 8.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to -3.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Croatia (-9.0% per year) and the United States (+13.2% per year).

In value terms, the largest markets for plastic household articles exported from Slovenia were Germany ($X), Croatia ($X) and the Czech Republic ($X), with a combined 37% share of total exports. Hungary, Italy, Serbia, Austria, the United States, Sweden, France, Belgium, the Netherlands and Spain lagged somewhat behind, together accounting for a further 36%.

The Netherlands, with a CAGR of +67.7%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average plastic household articles export price stood at $X per ton in 2022, with an increase of 41% against the previous year. In general, the export price enjoyed a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to the United States ($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 the Czech Republic (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Household Articles Imports

Imports into Slovenia

In 2022, overseas purchases of household articles and toilet articles of plastics decreased by -32.5% to X tons for the first time since 2017, thus ending a four-year rising trend. In general, imports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2021 when imports increased by 44%. As a result, imports reached the peak of X tons, and then dropped sharply in the following year.

In value terms, plastic household articles imports shrank rapidly to $X in 2022. Over the period under review, imports, however, posted a resilient expansion. The growth pace was the most rapid in 2018 when imports increased by 44% against the previous year. Imports peaked at $X in 2021, and then reduced remarkably in the following year.

Imports by Country

Serbia (X tons), Italy (X tons) and China (X tons) were the main suppliers of plastic household articles imports to Slovenia, with a combined 71% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Serbia (with a CAGR of +29.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic household articles suppliers to Slovenia were Italy ($X), Serbia ($X) and China ($X), together comprising 64% of total imports.

Serbia, with a CAGR of +26.3%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average plastic household articles import price amounted to $X per ton, with an increase of 9.9% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 12% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform