Slovakia: Ceramic Tile Market 2024

Ceramic Tile Market Size in Slovakia

The Slovak ceramic tile market skyrocketed to $X in 2023, with an increase of X% 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 relatively flat trend pattern. Ceramic tile consumption peaked at $X in 2018; however, from 2019 to 2023, consumption failed to regain momentum.

Ceramic Tile Exports

Exports from Slovakia

In 2023, after four years of growth, there was significant decline in overseas shipments of ceramic tiles, when their volume decreased by X% to X square meters. Over the period under review, exports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum at X square meters in 2022, and then fell rapidly in the following year.

In value terms, ceramic tile exports declined sharply to $X in 2023. Overall, exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at $X in 2022, and then contracted notably in the following year.

Exports by Country

Hungary (X square meters), the Czech Republic (X square meters) and Poland (X square meters) were the main destinations of ceramic tile exports from Slovakia, with a combined X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for Hungary (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X) remains the key foreign market for ceramic tiles exports from Slovakia, comprising X% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total exports. It was followed by Austria, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Hungary totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Austria (X% per year).

Export Prices by Country

In 2023, the average ceramic tile export price amounted to $X per square meter, growing by X% against the previous year. In general, the export price showed a slight increase. The pace of growth was the most pronounced in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per square meter in 2018; however, from 2019 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Bulgaria ($X per square meter), while the average price for exports to the Czech Republic ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ceramic Tile Imports

Imports into Slovakia

For the fourth consecutive year, Slovakia recorded growth in overseas purchases of ceramic tiles, which increased by X% to X square meters in 2023. Overall, imports, however, showed a slight contraction. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked at X square meters in 2018; however, from 2019 to 2023, imports remained at a lower figure.

In value terms, ceramic tile imports soared to $X in 2023. In general, total imports indicated a mild increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Poland (X square meters) constituted the largest ceramic tile supplier to Slovakia, accounting for a X% share of total imports. Moreover, ceramic tile imports from Poland exceeded the figures recorded by the second-largest supplier, the Czech Republic (X square meters), twofold. The third position in this ranking was held by Italy (X square meters), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Poland amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Italy (X% per year).

In value terms, Poland ($X), the Czech Republic ($X) and Italy ($X) constituted the largest ceramic tile suppliers to Slovakia, with a combined X% share of total imports. Spain, Germany and Serbia lagged somewhat behind, together accounting for a further X%.

Serbia, with a CAGR of X%, 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 2023, the average ceramic tile import price amounted to $X per square meter, growing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The growth pace was the most rapid in 2015 when the average import price increased by X% against the previous year. The import price peaked in 2023 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per square meter), while the price for Serbia ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform