The polyamides market in Slovakia has shown a steady growth trajectory over the past decade, reaching a market size of 194.54 million Euros in 2023. From 2013 to 2023, the market evolved from fluctuations in earlier years towards more consistent growth post-2015. The annual increase was typically modest but reliable, especially between 2017 and 2023, with a Compound Annual Growth Rate (CAGR) of 3.89% over the last five years. Recent year-on-year growth figures - 2.53% in 2022 and 2.58% in 2023 - indicate a stable market.
Looking forward, trends to watch for include:
- Potential sectoral expansions which could spur demand for polyamides.
- Technological advancements offering cost and efficiency improvements.
- Environmental policies affecting production practices and material choices.
How does Slovakia rank in Polyamides Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 887,330,000 | 2023 | -2.13% | +0.13% | View data |
| 2 | 2 Poland | 566,030,000 | 2023 | +2.51% | +1.18% | View data |
| 3 | 3 Czech Republic | 468,710,000 | 2023 | +3.83% | +3.52% | View data |
| 4 | 4 Slovakia | 194,540,000 | 2023 | +2.58% | +3.89% | |
| 5 | 5 Hungary | 152,140,000 | 2023 | -3.09% | -3.76% | View data |
| 6 | 6 Sweden | 94,655,000 | 2023 | +4.02% | +2.69% | View data |
