Price for Embroidery; in the Piece, in Strips or in Motifs in Slovakia - 2023

Contents:

  1. Price for Embroidery; in the Piece, in Strips or in Motifs in Slovakia (CIF) - 2022
  2. Price for Embroidery; in the Piece, in Strips or in Motifs in Slovakia (FOB) - 2022
  3. Imports of Embroidery; in the Piece, in Strips or in Motifs in Slovakia
  4. Exports of Embroidery; in the Piece, in Strips or in Motifs in Slovakia

Price for Embroidery; in the Piece, in Strips or in Motifs in Slovakia (CIF) - 2022

In 2022, the average import price for embroidery; in the piece, in strips or in motifses amounted to $24,026 per ton, waning by -36.2% against the previous year. Overall, the import price saw a abrupt slump. The most prominent rate of growth was recorded in 2020 an increase of 126%. Over the period under review, average import prices hit record highs at $49,272 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($43,953 per ton), while the price for Hungary ($15,791 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Embroidery; in the Piece, in Strips or in Motifs in Slovakia (FOB) - 2022

The average export price for embroidery; in the piece, in strips or in motifses stood at $19,730 per ton in 2022, which is down by -28.1% against the previous year. In general, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2016 when the average export price increased by 461%. The export price peaked at $62,384 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Moldova ($449,266 per ton), while the average price for exports to Poland ($6,848 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 Moldova (+38.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Embroidery; in the Piece, in Strips or in Motifs in Slovakia

In 2022, the amount of embroidery; in the piece, in strips or in motifses imported into Slovakia surged to 15 tons, picking up by 212% against the previous year's figure. Overall, imports, however, showed a abrupt contraction. The growth pace was the most rapid in 2020 when imports increased by 253%. As a result, imports attained the peak of 67 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of embroidery; in the piece, in strips or in motifses skyrocketed to $356K in 2022. Over the period under review, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 700%. As a result, imports attained the peak of $2.2M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Embroidery; in the Piece, in Strips or in Motifs in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary64.738.65.511822.2%
Germany31.51,90618.177.034.7%
Turkey19.428.231.734.320.9%
Czech Republic7.860.130.027.852.8%
Netherlands3.76.413.420.978.1%
China61.917.614.020.0-31.4%
Poland1.043.51.87.595.7%
Others83.182.664.351.2-14.9%
Total2732,1831793569.3%

Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Slovakia in 2022:

  1. Hungary (7.4 tons)
  2. Turkey (1.9 tons)
  3. Germany (1.8 tons)
  4. Netherlands (1.0 tons)
  5. China (0.8 tons)
  6. Czech Republic (0.6 tons)
  7. Poland (0.4 tons)

Exports of Embroidery; in the Piece, in Strips or in Motifs in Slovakia

In 2022, the amount of embroidery; in the piece, in strips or in motifses exported from Slovakia skyrocketed to 7.5 tons, jumping by 81% on the previous year. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 403% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of embroidery; in the piece, in strips or in motifses skyrocketed to $148K in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 689%. As a result, the exports attained the peak of $213K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Embroidery; in the Piece, in Strips or in Motifs in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/A1.50.372.3594.3%
Moldova0.1N/A30.771.0792.1%
Czech Republic2.61116.00.9-29.8%
Poland0.610.01.90.2-30.7%
Austria3.49.40.4N/A-65.7%
Others20.281.474.03.3-45.3%
Total27.021311314876.3%

Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Slovakia in 2022:

  1. Italy (7.2 tons)
  2. Moldova (0.2 tons)

Source: IndexBox Market Intelligence Platform

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