Slovakia - Electrical Apparatus For Sound Or Visual Signalling - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Slovakia - Electrical Apparatus For Sound Or Visual Signalling - Market Analysis, Forecast, Size, Trends And Insights

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Electrical Signalling Apparatus Price in Slovakia - 2023

Contents:

  1. Electrical Signalling Apparatus Price in Slovakia (CIF) - 2022
  2. Electrical Signalling Apparatus Price in Slovakia (FOB) - 2023
  3. Electrical Signalling Apparatus Imports in Slovakia
  4. Electrical Signalling Apparatus Exports in Slovakia

Electrical Signalling Apparatus Price in Slovakia (CIF) - 2022

In 2022, the average electrical signalling apparatus import price amounted to $0.6 per unit, with an increase of 53% against the previous year. Over the period under review, the import price, however, showed a sharp decrease. The growth pace was the most rapid in 2020 when the average import price increased by 126% against the previous year. Over the period under review, average import prices reached the peak figure at $5.8 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 South Korea ($3.3 per unit), while the price for the Czech Republic ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+9.9%), while the prices for the other major suppliers experienced a decline.

Electrical Signalling Apparatus Price in Slovakia (FOB) - 2023

In July 2023, the average electrical signalling apparatus export price amounted to $5.5 per unit, picking up by 12% against the previous month. Overall, the export price recorded a moderate increase. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 44% against the previous month. Over the period under review, the average export prices hit record highs at $7.0 per unit in February 2023; however, from March 2023 to July 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was the Czech Republic ($7.2 per unit), while the average price for exports to Hungary ($1.9 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+5.0%), while the prices for the other major destinations experienced mixed trend patterns.

Electrical Signalling Apparatus Imports in Slovakia

In 2022, imports of electrical apparatus for sound or visual signalling into Slovakia contracted slightly to 33M units, with a decrease of -3.4% against the previous year's figure. Overall, imports continue to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 7.2% against the previous year. Imports peaked at 37M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, electrical signalling apparatus imports surged to $20M in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 94% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Import of Electrical Signalling Apparatus in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,3791,5561,9653,46636.0%
Vietnam4301,1832,1463,15394.3%
Germany6741,0821,8051,20021.2%
Czech Republic688829576285-25.5%
France10814019720523.8%
Poland29.385.377.617782.1%
Austria1091322201306.0%
Israel4708474886.7-75.8%
Others9893,5846,19511,522126.7%
Total4,8769,43813,67020,14660.5%

Top Suppliers of Electrical Signalling Apparatus to Slovakia in 2022:

  1. Israel (undefinedM units)
  2. China (7.3M units)
  3. Germany (2.7M units)
  4. Vietnam (1.7M units)
  5. Czech Republic (1.1M units)
  6. Poland (0.6M units)
  7. Austria (0.4M units)
  8. France (0.3M units)

Electrical Signalling Apparatus Exports in Slovakia

In 2022, electrical signalling apparatus exports from Slovakia expanded significantly to 3M units, picking up by 7.1% against the previous year's figure. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 490%. As a result, the exports attained the peak of 3.2M units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, electrical signalling apparatus exports surged to $18M in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 322%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Electrical Signalling Apparatus in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic0.86.17.015.1166.3%
United KingdomN/AN/AN/A0.70%
GermanyN/AN/A0.20.6200.0%
Hungary0.30.50.60.410.1%
Poland0.20.40.40.314.5%
Belgium0.62.70.4N/A-18.4%
Sweden0.41.20.4N/A0.0%
Others0.40.30.71.244.2%
Total2.711.39.818.389.2%

Top Export Markets for Electrical Signalling Apparatus from Slovakia in 2022:

  1. Czech Republic (2574.2K units)
  2. Hungary (98.7K units)
  3. United Kingdom (66.6K units)
  4. Germany (52.9K units)
  5. Poland (51.6K units)
  6. Sweden (1.2K units)
  7. Belgium (0.5K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electrical signalling apparatus 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 27902080 - Electrical apparatus for sound or visual signalling, n.e.c.

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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