Market research

Felt market in Slovakia

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The felt market in Slovakia showed a divergent trend between physical volume and monetary value from 2018 to 2024. After a contraction to 3,466 t in 2022, market volume rebounded strongly, reaching 5,041 t by 2024. Meanwhile, market value demonstrated continuous growth, rising from USD 10.6 million in 2018 to USD 18.6 million in 2024, with a particularly sharp increase after 2022.

Production of felt within Slovakia declined from 1,188 t in 2018 to 820 t in 2023 before recovering slightly to 977 t in 2024. Imports of felt expanded significantly from 3,598 t to 5,007 t over the period, while exports remained relatively stable, decreasing modestly from 976 t to 944 t. The growing import dependence supported the overall market supply, contributing to the volume recovery and value growth.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018, 2022-2024
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018, 2022-2024
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018, 2022-2024
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2018, 2022-2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Slovakia
  1. 5.1.1. In kind, 2018, 2022-2024, t
  2. 5.1.2. In value, 2018, 2022-2024, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, t
  2. 5.2.2. In value, 2018-2024, K $ US
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Slovakia in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Slovakia by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Slovakia in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Slovakia by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Slovakia, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Slovakia by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Slovakia in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Slovakia by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Slovakia in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Slovakia by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Slovakia, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Slovakia by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Slovakia in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Slovakia by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Slovakia in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Slovakia by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Slovakia, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Slovakia by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Slovakia in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Slovakia by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Slovakia in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Slovakia by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Slovakia, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Slovakia by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production felt in Slovakia

In value, 2017-2020, K $ US

Annual dynamics of production in Slovakia in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

In kind, 2017-2020, t

Annual dynamics of production in Slovakia in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

Exports felt from Slovakia

Exports in kind, t

Slovakia's felt exports reached 997 tonnes in 2020, marking a 5.9% increase from the previous year. Over the period from 2017 to 2020, exports grew by 24%, which translates to an average annual growth rate of 7.4%. The most significant decline occurred in 2019, with a drop of 3.5%, while the largest increase was recorded in 2018 at 21.3%.

Annual dynamics of product's exports from Slovakia in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	21.3%	(3.5%)	5.9%	7.4%

Source: SHEV.io

From 2017 to 2020, Germany was the primary buyer of felt from Slovakia, accounting for 86.3% of total exports in volume. The remaining exports were distributed among a diverse group of other countries.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Slovakia in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Slovakia's felt exports in value terms grew for the third consecutive year. In 2020, export value reached 3 245 thousand US dollars, showing a strong increase of 14.7% compared to the previous year. Between 2017 and 2020, exports surged by 81.8%, with an average annual growth rate of 22.0%.

Annual dynamics of product's exports from Slovakia in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	43.5%	10.4%	14.7%	22.0%

Source: SHEV.io

During 2017–2020, the main buyers of felt from Slovakia in value terms were Germany, with 59.6% of exports, Czechia at 17.8%, and Poland at 9.4%. Together, these three countries accounted for 86.8% of total export value.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Slovakia in value, 2017-2020

Source: SHEV.io

Imports felt to Slovakia

Imports in kind, t

The market showed an unstable trend over the period. Imports reached their lowest point in 2017 and peaked in 2018, with a 1.8-fold difference between these years. In 2020, Slovakia's felt import volume was 3 362 tonnes, representing a controlled decline of 3.9% from the previous year. The highest volume was recorded in 2018 at 3 598 tonnes, with the largest increase also occurring in 2018 at 84.4%.

Annual dynamics of product's imports to Slovakia in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	84.4%	(2.8%)	(3.9%)	19.9%

Source: SHEV.io

From 2017 to 2020, the leading sources for felt imports to Slovakia in volume were Germany, with 50.4% of imports, Poland at 10.5%, and Czechia at 7.0%. Combined, these countries made up 67.9% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Slovakia in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

After two years of growth, Slovakia's felt imports in value terms declined. In 2020, imports amounted to 10 519 thousand US dollars, reflecting a limited decrease of 9.1% from the previous year. Over the 2017-2020 period, imports increased by 25.9%, with an average annual growth rate of 8.0%. The peak value was recorded in 2019 at 11 578 thousand US dollars, while the largest increase occurred in 2018 at 33.7%.

Annual dynamics of product's imports to Slovakia in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	33.7%	3.6%	(9.1%)	8.0%

Source: SHEV.io

In 2017–2020, the principal sources for felt imports to Slovakia in value terms were Germany, accounting for 48.9% of imports, Czechia at 9.0%, and France at 7.5%. Together, these three countries represented 65.4% of total import value.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Slovakia in value, 2017-2020

Source: SHEV.io