Key Market Indicators
Slovak Plastic Product Sales are projected to decline over the next five years, reaching €2.44 billion by 2028, a decrease from €2.54 billion in 2023. This represents an average annual decline of 0.7%. The Slovak market has been experiencing a downward trend since 2013, with a year-on-year decline of 1%. In 2023, Slovakia ranked 16th in the industry, with Denmark surpassing it by reaching €2.54 billion. Italy, France, and the United Kingdom occupied the second, third, and fourth spots, respectively. On the export front, Slovak Plastic Exports are anticipated to grow, hitting $3.63 billion by 2028, up from $3.21 billion in 2023. This marks an annual growth rate of 2%. Since 1999, Slovakia's plastic supply has been on the rise, increasing by 2.5% year on year. Meanwhile, Slovak Plastic Imports are projected to reach $5.05 billion by 2028, an increase from $4.45 billion in 2023. This signifies a compound annual growth rate (CAGR) of 2%. Since 1999, the demand for plastic imports in Slovakia has surged by 2.8% year on year.
