Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Slovakia - 2024

Contents:

1. Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Slovakia (CIF) - 2022
2. Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Slovakia (FOB) - 2022
3. Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Slovakia
4. Exports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Slovakia

Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Slovakia (CIF) - 2022

In 2022, the average import price for fabrics, woven; from strip or the like, of synthetic textile materialses amounted to $0.3 per square meter, reducing by -2.8% against the previous year. Overall, the import price saw a perceptible decrease. The growth pace was the most rapid in 2021 when the average import price increased by 16% against the previous year. The import price peaked at $0.5 per square meter in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 the Czech Republic ($0.4 per square meter), while the price for Turkey ($0.1 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+0.4%), while the prices for the other major suppliers experienced a decline.

Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Slovakia (FOB) - 2022

The average export price for fabrics, woven; from strip or the like, of synthetic textile materialses stood at $0.6 per square meter in 2022, surging by 24% against the previous year. Overall, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fabrics, woven; from strip or the like, of synthetic textile materialses decreased by -8.2% against 2020 indices. The growth pace was the most rapid in 2020 when the average export price increased by 40% against the previous year. As a result, the export price reached the peak level of $0.6 per square meter. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($1.8 per square meter), while the average price for exports to the Czech Republic ($0.4 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+26.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Slovakia

In 2022, overseas purchases of fabrics, woven; from strip or the like, of synthetic textile materialses decreased by -9.3% to 14M square meters, falling for the second year in a row after two years of growth. Overall, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 0.5% against the previous year. As a result, imports attained the peak of 17M square meters. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of fabrics, woven; from strip or the like, of synthetic textile materialses dropped to $4.7M in 2022. Over the period under review, imports continue to indicate a pronounced decline. The most prominent rate of growth was recorded in 2021 with an increase of 4.6% against the previous year. As a result, imports attained the peak of $5.3M, and then contracted in the following year.

Top Suppliers of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials to Slovakia in 2022:

1. Czech Republic (8.0M square meters)
2. Poland (1.9M square meters)
3. United Kingdom (1.6M square meters)
4. Turkey (1.3M square meters)
5. Germany (0.7M square meters)
6. Austria (0.3M square meters)

Exports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Slovakia

Exports of fabrics, woven; from strip or the like, of synthetic textile materialses from Slovakia skyrocketed to 448K square meters in 2022, increasing by 93% compared with the previous year's figure. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +16.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of fabrics, woven; from strip or the like, of synthetic textile materialses skyrocketed to $251K in 2022. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials from Slovakia in 2022:

1. Italy (181.2K square meters)
2. Hungary (108.4K square meters)
3. Czech Republic (72.6K square meters)
4. Kazakhstan (30.3K square meters)
5. Russia (26.3K square meters)
6. Finland (23.2K square meters)
7. Romania (5.2K square meters)

Source: IndexBox Market Intelligence Platform