Slovakia - Electrical Lighting Or Visual Signaling Equipment For Motor Vehicles And Cycles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Lighting Equipment for Motor Vehicles in Slovakia - 2023
Contents:
- Price for Lighting Equipment for Motor Vehicles in Slovakia (FOB) - 2023
- Price for Lighting Equipment for Motor Vehicles in Slovakia (CIF) - 2023
- Exports of Lighting Equipment for Motor Vehicles in Slovakia
- Imports of Lighting Equipment for Motor Vehicles in Slovakia
Price for Lighting Equipment for Motor Vehicles in Slovakia (FOB) - 2023
In August 2023, the average export price for electrical lighting or visual signaling equipment for motor vehicles and cycles amounted to $33.4 per unit, stabilizing at the previous month. Over the period under review, export price indicated a pronounced expansion from August 2022 to August 2023: its price increased at an average monthly rate of +4.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, lighting equipment for motor vehicles export price decreased by +0.4% against April 2023 indices. The growth pace was the most rapid in January 2023 when the average export price increased by 68% m-o-m. Over the period under review, the average export prices hit record highs at $33.6 per unit in July 2023, and then fell modestly in the following month.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was the Czech Republic ($40.6 per unit), while the average price for exports to the Netherlands ($21.2 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Lighting Equipment for Motor Vehicles in Slovakia (CIF) - 2023
In August 2023, the average import price for electrical lighting or visual signaling equipment for motor vehicles and cycles amounted to $33.4 per unit, increasing by 17% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Austria ($118 per unit), while the price for Poland ($13.2 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Poland (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Lighting Equipment for Motor Vehicles in Slovakia
In 2022, the amount of electrical lighting or visual signaling equipment for motor vehicles and cycles exported from Slovakia expanded significantly to 119M units, growing by 15% compared with 2021 figures. The total export volume increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, lighting equipment for motor vehicles exports rose to $970M in 2022. Overall, exports, however, saw a noticeable shrinkage. The exports peaked at $1.1B in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Lighting Equipment for Motor Vehicles in Slovakia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 558 | 463 | 425 | 437 | -7.8% |
Spain | 122 | 92.0 | 104 | 96.0 | -7.7% |
Sweden | 77.6 | 64.0 | 75.6 | 67.6 | -4.5% |
France | 33.4 | 17.6 | 32.7 | 52.4 | 16.2% |
Czech Republic | 48.0 | 53.1 | 52.5 | 47.6 | -0.3% |
Hungary | 64.2 | 54.4 | 50.9 | 47.5 | -9.6% |
United States | 8.1 | 8.1 | 10.2 | 31.1 | 56.6% |
Belgium | 16.1 | 13.2 | 13.9 | 24.8 | 15.5% |
China | 17.5 | 22.5 | 30.1 | 24.5 | 11.9% |
Netherlands | 19.5 | 13.9 | 24.0 | 23.9 | 7.0% |
Poland | 32.0 | 23.2 | 27.5 | 23.6 | -9.7% |
Mexico | 4.7 | 4.9 | 7.8 | 20.3 | 62.9% |
United Kingdom | 52.3 | 29.9 | 29.9 | 19.5 | -28.0% |
Others | 60.1 | 53.8 | 51.5 | 54.0 | -3.5% |
Total | 1,114 | 913 | 936 | 970 | -4.5% |
Top Export Markets for Lighting Equipment for Motor Vehicles from Slovakia in 2022:
- Germany (54.5M units)
- Spain (12.0M units)
- Sweden (8.4M units)
- France (6.5M units)
- Czech Republic (6.0M units)
- Hungary (5.9M units)
- United States (3.9M units)
- Poland (3.1M units)
- China (3.1M units)
- Belgium (3.1M units)
- Netherlands (3.0M units)
- Mexico (2.5M units)
- United Kingdom (2.4M units)
Imports of Lighting Equipment for Motor Vehicles in Slovakia
Lighting equipment for motor vehicles imports into Slovakia surged to 58M units in 2022, jumping by 27% against 2021. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +11.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, lighting equipment for motor vehicles imports dropped to $463M in 2022. Over the period under review, imports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 5.2% against the previous year. Over the period under review, imports reached the peak figure at $648M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Lighting Equipment for Motor Vehicles in Slovakia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Czech Republic | 178 | 127 | 131 | 188 | 1.8% |
Germany | 183 | 154 | 184 | 71.2 | -27.0% |
South Korea | 60.3 | 47.3 | 53.4 | 58.5 | -1.0% |
Austria | 84.8 | 71.3 | 64.2 | 49.0 | -16.7% |
Italy | 41.1 | 19.0 | 11.5 | 22.5 | -18.2% |
Spain | 19.6 | 13.4 | 1.7 | 16.2 | -6.2% |
China | 3.7 | 3.8 | 6.0 | 13.4 | 53.6% |
France | 32.9 | 13.6 | 11.6 | 7.9 | -37.8% |
Others | 44.9 | 31.2 | 43.3 | 36.7 | -6.5% |
Total | 648 | 481 | 506 | 463 | -10.6% |
Top Suppliers of Lighting Equipment for Motor Vehicles to Slovakia in 2022:
- Czech Republic (23.7M units)
- Germany (9.0M units)
- South Korea (7.4M units)
- Austria (6.2M units)
- Italy (2.8M units)
- Spain (2.0M units)
- China (1.8M units)
- France (1.0M units)
This report provides an in-depth analysis of the market for lighting equipment for motor vehicles 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 27403910 - Electrical lighting or visual signalling equipment for motor vehicles (excluding electric filament or discharge lamps, s ealed beam lamp units, ultraviolet, infrared and arc lamps)
- Prodcom 29312310 - Electrical or battery operated lighting or visual signalling of a kind used on bicycles
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
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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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Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...