Slovakia - Relays - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRelay Price in Slovakia - 2023
Contents:
- Relay Price in Slovakia (CIF) - 2022
- Relay Price in Slovakia (FOB) - 2022
- Relay Imports in Slovakia
- Relay Exports in Slovakia
Relay Price in Slovakia (CIF) - 2022
The average relay import price stood at $1.4 per unit in 2022, declining by -4.4% against the previous year. In general, the import price recorded a mild downturn. The growth pace was the most rapid in 2014 an increase of 17% against the previous year. As a result, import price reached the peak level of $2 per unit. From 2015 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($2.2 per unit), while the price for Lithuania ($0.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Relay Price in Slovakia (FOB) - 2022
The average relay export price stood at $4.2 per unit in 2022, declining by -17.6% against the previous year. In general, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, relay export price increased by +19.5% against 2020 indices. The most prominent rate of growth was recorded in 2015 an increase of 46% against the previous year. As a result, the export price attained the peak level of $6.1 per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($9.3 per unit), while the average price for exports to Morocco ($0.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.
Relay Imports in Slovakia
Relay imports into Slovakia soared to 48M units in 2022, with an increase of 15% on the previous year's figure. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 63%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, relay imports expanded significantly to $67M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 48% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Relay in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1.3 | 3.1 | 7.1 | 16.8 | 134.7% |
| Germany | 12.1 | 7.5 | 10.5 | 9.6 | -7.4% |
| South Korea | 5.6 | 7.6 | 9.5 | 8.5 | 14.9% |
| China | 2.4 | 3.0 | 4.9 | 6.2 | 37.2% |
| Italy | 4.0 | 3.8 | 5.8 | 5.1 | 8.4% |
| Netherlands | 3.2 | 2.6 | 4.1 | 3.3 | 1.0% |
| Czech Republic | 2.3 | 1.5 | 2.7 | 1.8 | -7.8% |
| France | 1.2 | 1.1 | 1.3 | 1.6 | 10.1% |
| Poland | 1.2 | 1.3 | 1.1 | 0.9 | -9.1% |
| Lithuania | 0.6 | 0.9 | 1.1 | 0.8 | 10.1% |
| Vietnam | 0.5 | 0.5 | 0.6 | 0.2 | -26.3% |
| Others | 6.7 | 8.0 | 11.7 | 12.0 | 21.4% |
| Total | 41.1 | 40.8 | 60.5 | 66.8 | 17.6% |
Top Suppliers of Relay to Slovakia in 2022:
- Japan (14.4M units)
- Germany (9.8M units)
- South Korea (6.9M units)
- China (5.7M units)
- Italy (2.3M units)
- Netherlands (2.0M units)
- Lithuania (1.2M units)
- Czech Republic (1.0M units)
- Poland (0.9M units)
- France (0.7M units)
- Vietnam (0.4M units)
Relay Exports in Slovakia
In 2022, relay exports from Slovakia shrank slightly to 3.1M units, falling by -3.5% compared with the year before. Overall, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 2.9%. Over the period under review, the exports reached the maximum at 3.8M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, relay exports reduced rapidly to $13M in 2022. In general, exports continue to indicate a perceptible descent. The pace of growth appeared the most rapid in 2021 when exports increased by 49% against the previous year. As a result, the exports attained the peak of $17M, and then declined rapidly in the following year.
| Export of Relay in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7,332 | 5,013 | 5,933 | 4,910 | -12.5% |
| Russia | 36.1 | 146 | 2,461 | 1,401 | 238.6% |
| Singapore | 1,437 | 975 | 1,255 | 1,049 | -10.0% |
| Switzerland | 1,162 | 728 | 551 | 561 | -21.6% |
| Czech Republic | 601 | 715 | 873 | 546 | -3.1% |
| China | 657 | 860 | 974 | 545 | -6.0% |
| Hong Kong SAR | 3.2 | 4.7 | 659 | 415 | 406.2% |
| Thailand | 1,492 | 1,098 | 797 | 393 | -35.9% |
| Poland | 385 | 164 | 243 | 275 | -10.6% |
| Austria | 103 | 132 | 159 | 227 | 30.1% |
| Morocco | 0.8 | 0.2 | 0.4 | 210 | 540.3% |
| Romania | 100 | 82.8 | 91.6 | 100 | 0.0% |
| Sweden | 33.5 | 3.8 | 27.5 | 71.9 | 29.0% |
| Others | 892 | 1,188 | 2,560 | 2,481 | 40.6% |
| Total | 14,235 | 11,112 | 16,583 | 13,184 | -2.5% |
Top Export Markets for Relay from Slovakia in 2022:
- Germany (997.7K units)
- Morocco (441.0K units)
- Russia (273.0K units)
- Poland (210.7K units)
- Singapore (189.5K units)
- Switzerland (104.9K units)
- China (90.7K units)
- Hong Kong SAR (75.8K units)
- Austria (74.8K units)
- Thailand (70.1K units)
- Czech Republic (58.5K units)
- Sweden (57.8K units)
- Romania (51.8K units)
This report provides an in-depth analysis of the relay market in Slovakia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27122433 - Relays for a voltage . .60 V and for a current . 2 A
- Prodcom 27122435 - Relays for a voltage . .60 V and for a current > 2 A
- Prodcom 27122450 - Relays and contactors for a voltage > .60 V but . 1 kV
Country coverage:
- Slovakia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Slovakia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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