Slovakia - Instruments And Apparatus For Measuring Or Checking The Flow Or Level Of Liquids - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Slovakia - Instruments And Apparatus For Measuring Or Checking The Flow Or Level Of Liquids - Market Analysis, Forecast, Size, Trends and Insights

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Measuring Instrument Price in Slovakia - 2023

Contents:

  1. Measuring Instrument Price in Slovakia (CIF) - 2023
  2. Measuring Instrument Price in Slovakia (FOB) - 2023
  3. Measuring Instrument Imports in Slovakia
  4. Measuring Instrument Exports in Slovakia

Measuring Instrument Price in Slovakia (CIF) - 2023

The average measuring instrument import price stood at $30.0 per unit in June 2023, surging by 17% against the previous month. Over the period under review, import price indicated tangible growth from June 2022 to June 2023: its price increased at an average monthly rate of +4.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, measuring instrument import price decreased by -11.8% against April 2023 indices. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 105% against the previous month. The import price peaked at $34.1 per unit in April 2023; however, from May 2023 to June 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the Netherlands ($111 per unit), while the price for South Korea ($7.9 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+23.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Measuring Instrument Price in Slovakia (FOB) - 2023

In June 2023, the average measuring instrument export price amounted to $25.8 per unit, which is down by -36.5% against the previous month. Overall, the export price, however, continues to indicate a perceptible increase. The pace of growth was the most pronounced in April 2023 an increase of 2,053% against the previous month. The export price peaked at $47.4 per unit in November 2022; however, from December 2022 to June 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Serbia ($170 per unit), while the average price for exports to Chile ($296 per thousand units) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+30.3%), while the prices for the other major destinations experienced more modest paces of growth.

Measuring Instrument Imports in Slovakia

For the third year in a row, Slovakia recorded decline in overseas purchases of instruments and apparatus for measuring or checking the flow or level of liquids, which decreased by -15.9% to 1.3M units in 2022. Overall, imports continue to indicate a abrupt slump. The smallest decline of -10.5% was in 2021. Imports peaked at 2.5M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, measuring instrument imports dropped sharply to $8.4M in 2022. In general, imports continue to indicate a dramatic slump. The smallest decline of -24.2% was in 2020. Over the period under review, imports hit record highs at $23M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Measuring Instrument in Slovakia (Million USD)
COUNTRY201920202021CAGR,
2019-2021
France12.29.23.8-44.2%
Germany2.02.33.328.5%
Czech Republic1.01.41.314.0%
South Korea2.51.01.2-30.7%
Switzerland0.40.40.40.0%
Hungary1.81.30.3-59.2%
Poland0.20.10.20.0%
TurkeyN/AN/A0.10%
Others3.32.12.1-20.2%
Total23.417.712.8-26.0%

Top Suppliers of Measuring Instrument to Slovakia in 2022:

  1. South Korea (189.8K units)
  2. France (128.2K units)
  3. Czech Republic (63.3K units)
  4. Germany (51.4K units)
  5. Poland (21.6K units)
  6. Turkey (16.4K units)
  7. Hungary (14.1K units)
  8. Switzerland (7.7K units)

Measuring Instrument Exports in Slovakia

For the third consecutive year, Slovakia recorded decline in shipments abroad of instruments and apparatus for measuring or checking the flow or level of liquids, which decreased by -5% to 124K units in 2022. Over the period under review, exports faced a precipitous slump. Over the period under review, the exports hit record highs at 710K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, measuring instrument exports skyrocketed to $2.8M in 2022. In general, exports saw a dramatic setback. Over the period under review, the exports reached the peak figure at $38M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Measuring Instrument in Slovakia (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Serbia0.30.40.30.0%
Australia0.20.10.20.0%
Czech Republic0.80.60.2-50.0%
Poland1.00.60.2-55.3%
Austria0.10.10.241.4%
Ukraine0.10.30.10.0%
Italy4.72.10.1-85.4%
United StatesN/AN/A0.10%
Germany14.32.30.1-91.6%
China0.10.10.10.0%
France4.60.8N/A-82.6%
India6.00.3N/A-95.0%
TurkeyN/AN/AN/A0%
Others6.43.70.4-75.0%
Total38.511.42.0-77.2%

Top Export Markets for Measuring Instrument from Slovakia in 2022:

  1. Serbia (37.3K units)
  2. Poland (11.7K units)
  3. Czech Republic (4.6K units)
  4. Austria (3.9K units)
  5. China (3.8K units)
  6. United States (2.0K units)
  7. Italy (1.9K units)
  8. Germany (1.8K units)
  9. Turkey (1.6K units)
  10. Ukraine (1.4K units)
  11. Australia (1.4K units)
  12. India (0.3K units)
  13. France (0.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the measuring instrument 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 26515235 - Electronic flow meters (excluding supply meters, hydrometric paddle-wheels)
  • Prodcom 26515239 - Electronic instruments and apparatus for measuring or checking the level of liquids
  • Prodcom 26515255 - Non-electronic flow meters (excluding supply meters, h ydrometric paddle-wheels)
  • Prodcom 26515259 - Non-electronic instruments and apparatus for measuring or checking the level of liquids

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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