Safety Glass Market Overview in Slovakia
In value terms, safety glass production shrank to $ in 2019 estimated in export prices. Over the period under review, production saw a mild decrease. The growth pace was the most rapid in 2008 with an increase of % against the previous year. As a result, production attained the peak level of $. From 2009 to 2019, production growth failed to regain the momentum.
The value of the safety glass market in Slovakia fell to $ in 2019, shrinking by -% 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). Over the period under review, the total consumption indicated perceptible growth from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +% against 2017 indices. The most prominent rate of growth was recorded in 2018 with an increase of % against the previous year. Slovakia consumption peaked at $ in 2015; however, from 2016 to 2019, consumption failed to regain the momentum.