Slovakia - Gearboxes and Speed Changers For Machinery And Land or Sea Vehicles excluding Gears and Gearing - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Gearboxes and Speed Changers in Slovakia - 2023
Contents:
- Price for Gearboxes and Speed Changers in Slovakia (FOB) - 2023
- Price for Gearboxes and Speed Changers in Slovakia (CIF) - 2022
- Exports of Gearboxes and Speed Changers in Slovakia
- Imports of Gearboxes and Speed Changers in Slovakia
Price for Gearboxes and Speed Changers in Slovakia (FOB) - 2023
In June 2023, the average gearboxes and speed changers export price amounted to $14,962 per ton, remaining stable against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in November 2022 an increase of 8% against the previous month. Over the period under review, the average export prices attained the peak figure at $15,029 per ton in April 2023; afterwards, it flattened through to June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($17,701 per ton), while the average price for exports to Turkey ($10,914 per ton) 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 Italy (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Gearboxes and Speed Changers in Slovakia (CIF) - 2022
In 2022, the average gearboxes and speed changers import price amounted to $11,718 per ton, waning by -14.8% against the previous year. Overall, the import price, however, enjoyed strong growth. The pace of growth was the most pronounced in 2020 an increase of 20%. The import price peaked at $13,753 per ton in 2021, and then contracted in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($31,599 per ton), while the price for Austria ($8,524 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+21.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Gearboxes and Speed Changers in Slovakia
In 2022, shipments abroad of gearboxes and speed changers increased by 67% to 22K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a abrupt decline.
In value terms, gearboxes and speed changers exports surged to $301M in 2022. Overall, exports, however, saw a deep setback.
| Export of Gearboxes and Speed Changers in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 121 | 84.7 | 62.5 | 96.4 | -7.3% |
| China | 6.6 | 8.9 | 33.0 | 56.7 | 104.8% |
| United States | 41.7 | 35.0 | 31.1 | 56.3 | 10.5% |
| South Korea | 9.2 | 11.8 | 15.4 | 23.7 | 37.1% |
| Hungary | 0.1 | 0.1 | 5.9 | 11.6 | 387.7% |
| Italy | 13.0 | 6.9 | 7.6 | 11.3 | -4.6% |
| Turkey | 3.1 | 3.4 | 2.8 | 6.7 | 29.3% |
| Sweden | 14.6 | 5.1 | 4.8 | 6.5 | -23.6% |
| France | 82.6 | 77.7 | 3.7 | 5.3 | -60.0% |
| Spain | 66.8 | 5.7 | 0.9 | 1.5 | -71.8% |
| Others | 24.8 | 21.3 | 20.1 | 25.5 | 0.9% |
| Total | 384 | 261 | 188 | 301 | -7.8% |
Top Export Markets for Gearboxes and Speed Changers from Slovakia in 2022:
- Germany (6.7K tons)
- China (4.4K tons)
- United States (4.3K tons)
- South Korea (1.4K tons)
- Italy (1.2K tons)
- Hungary (0.8K tons)
- Turkey (0.6K tons)
- Sweden (0.4K tons)
- France (0.2K tons)
- Spain (0.1K tons)
Imports of Gearboxes and Speed Changers in Slovakia
In 2022, the amount of gearboxes and speed changers imported into Slovakia soared to 4.2K tons, picking up by 30% compared with the previous year's figure. The total import volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, gearboxes and speed changers imports expanded significantly to $49M in 2022. The total import value increased at an average annual rate of +6.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 14%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.
| Import of Gearboxes and Speed Changers in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 13.2 | 8.1 | 8.8 | 19.4 | 13.7% |
| Switzerland | 7.6 | 11.0 | 10.0 | 7.5 | -0.4% |
| Italy | 5.0 | 4.4 | 5.1 | 5.4 | 2.6% |
| France | 3.7 | 4.6 | 6.6 | 4.0 | 2.6% |
| Czech Republic | 3.1 | 3.7 | 3.7 | 3.0 | -1.1% |
| China | 2.8 | 1.8 | 2.0 | 2.4 | -5.0% |
| Austria | 0.8 | 0.5 | 1.1 | 1.3 | 17.6% |
| Others | 4.3 | 4.9 | 7.1 | 6.4 | 14.2% |
| Total | 40.7 | 39.0 | 44.4 | 49.3 | 6.6% |
Top Suppliers of Gearboxes and Speed Changers to Slovakia in 2022:
- Germany (2047.6 tons)
- Italy (586.4 tons)
- Switzerland (415.4 tons)
- France (370.0 tons)
- China (235.1 tons)
- Austria (146.9 tons)
- Czech Republic (95.2 tons)
This report provides an in-depth analysis of the market for gearboxes and speed changers 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 28152432 - Gear boxes for stationary equipment, spur and helical gear boxes
- Prodcom 28152433 - Gear boxes ..., bevel and bevel/spur and helical gear boxes
- Prodcom 28152434 - Gear boxes ..., worm gear boxes
- Prodcom 28152440 - Other gear boxes
- Prodcom 28152450 - Gearboxes and other speed changers for machinery and land/sea vehicles excluding gears and gearing
- Prodcom 28152473 - Ball or roller screws
- Prodcom 28152475 - Other transmission elements (excluding gears and gearing, b all or roller screws, gearboxes and other speed changers)
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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