Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Slovakia - 2023

Contents:

1. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Slovakia (CIF) - 2023
2. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Slovakia (FOB) - 2023
3. Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Slovakia
4. Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Slovakia

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Slovakia (CIF) - 2023

The average import price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $12,817 per ton in December 2023, waning by -19.6% against the previous month. Overall, the import price showed a mild decrease. The pace of growth was the most pronounced in November 2023 when the average import price increased by 41% month-to-month. The import price peaked at $17,066 per ton in July 2023; however, from August 2023 to December 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($18,974 per ton), while the price for Vietnam ($8,036 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Spain (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Slovakia (FOB) - 2023

In December 2023, the average export price for footwear; parts, outer soles and heels, of rubber or plasticses amounted to $17,121 per ton, increasing by 19% against the previous month. Overall, the export price showed a measured increase. The growth pace was the most rapid in July 2023 when the average export price increased by 84% against the previous month. Over the period under review, the average export prices attained the peak figure at $21,924 per ton in August 2023; however, from September 2023 to December 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was Morocco ($22,071 per ton), while the average price for exports to Vietnam ($5,675 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Slovakia

In 2022, approx. 1.8K tons of footwear; parts, outer soles and heels, of rubber or plasticses were imported into Slovakia; increasing by 15% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of footwear; parts, outer soles and heels, of rubber or plasticses stood at $22M in 2022. The total import value increased at an average annual rate of +1.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 29% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

Top Suppliers of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics to Slovakia in 2022:

1. Italy (1227.8 tons)
2. Czech Republic (290.7 tons)
3. Portugal (75.2 tons)
4. China (71.8 tons)
5. Spain (51.4 tons)
6. Germany (19.5 tons)

Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Slovakia

For the third consecutive year, Slovakia recorded decline in overseas shipments of footwear; parts, outer soles and heels, of rubber or plasticses, which decreased by -28.5% to 129 tons in 2022. Overall, exports faced a sharp setback. The smallest decline of -24.8% was in 2021.

In value terms, exports of footwear; parts, outer soles and heels, of rubber or plasticses reduced to $1.2M in 2022. In general, exports recorded a precipitous setback. The smallest decline of -3.7% was in 2021.

Top Export Markets for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics from Slovakia in 2022:

1. Portugal (34.8 tons)
2. Denmark (23.8 tons)
3. Tunisia (16.9 tons)
4. Czech Republic (12.6 tons)
5. Germany (12.3 tons)
6. Morocco (10.1 tons)
7. Austria (7.9 tons)
8. Italy (3.7 tons)

Source: IndexBox Market Intelligence Platform