Slovakia - Compressors For Refrigeration Equipment - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRefrigerator Compressor Price in Slovakia - 2023
Contents:
- Refrigerator Compressor Price in Slovakia (FOB) - 2023
- Refrigerator Compressor Price in Slovakia (CIF) - 2023
- Refrigerator Compressor Exports in Slovakia
- Refrigerator Compressor Imports in Slovakia
Refrigerator Compressor Price in Slovakia (FOB) - 2023
The average refrigerator compressor export price stood at $87.5 per unit in July 2023, falling by -1.6% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in April 2023 an increase of 8.7% month-to-month. Over the period under review, the average export prices reached the maximum at $89.5 per unit in May 2023; however, from June 2023 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was the United States ($97.9 per unit), while the average price for exports to Austria ($62.0 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 Turkey (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Refrigerator Compressor Price in Slovakia (CIF) - 2023
The average refrigerator compressor import price stood at $191 per unit in July 2023, reducing by -7.1% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 18% against the previous month. Over the period under review, average import prices attained the maximum at $215 per unit in August 2022; however, from September 2022 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($347 per unit), while the price for Italy ($68.5 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by South Korea (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Refrigerator Compressor Exports in Slovakia
In 2022, the amount of compressors for refrigeration equipment exported from Slovakia reduced markedly to 6.2M units, which is down by -28.2% compared with the year before. Over the period under review, exports recorded a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year. As a result, the exports attained the peak of 8.7M units, and then declined significantly in the following year.
In value terms, refrigerator compressor exports fell to $365M in 2022. The total export value increased at an average annual rate of +2.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 37% against the previous year. As a result, the exports attained the peak of $417M, and then reduced in the following year.
| Export of Refrigerator Compressor in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 101 | 90.8 | 109 | 116 | 4.7% |
| United States | 46.5 | 43.3 | 53.1 | 59.7 | 8.7% |
| Russia | 32.4 | 25.6 | 39.7 | 28.2 | -4.5% |
| Turkey | 31.4 | 37.7 | 36.3 | 27.5 | -4.3% |
| China | 27.6 | 22.8 | 40.0 | 20.3 | -9.7% |
| United Arab Emirates | 5.1 | 3.3 | 4.0 | 13.6 | 38.7% |
| South Korea | 7.1 | 5.8 | 14.0 | 9.9 | 11.7% |
| Mexico | 11.3 | 6.7 | 13.2 | 9.3 | -6.3% |
| United Kingdom | 0.2 | 0.1 | 8.2 | 7.8 | 239.1% |
| Egypt | 5.4 | 5.8 | 17.3 | 7.5 | 11.6% |
| Germany | 13.2 | 9.3 | 0.3 | 0.6 | -64.3% |
| Others | 62.8 | 54.1 | 82.6 | 64.8 | 1.1% |
| Total | 344 | 305 | 417 | 365 | 2.0% |
Top Export Markets for Refrigerator Compressor from Slovakia in 2022:
- Italy (2020.2K units)
- United States (685.9K units)
- Russia (634.8K units)
- Turkey (520.0K units)
- China (373.8K units)
- United Kingdom (250.3K units)
- Egypt (200.2K units)
- United Arab Emirates (196.8K units)
- Mexico (158.2K units)
- South Korea (112.9K units)
- Germany (10.7K units)
Refrigerator Compressor Imports in Slovakia
Refrigerator compressor imports into Slovakia shrank slightly to 2.1M units in 2022, which is down by -5% on 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 25%. As a result, imports reached the peak of 2.2M units, and then declined in the following year.
In value terms, refrigerator compressor imports fell to $166M in 2022. The total import value increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 32%. As a result, imports reached the peak of $191M, and then contracted in the following year.
| Import of Refrigerator Compressor in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 64.1 | 56.4 | 77.8 | 75.2 | 5.5% |
| Germany | 30.5 | 37.7 | 56.0 | 34.4 | 4.1% |
| China | 32.8 | 26.0 | 34.3 | 29.6 | -3.4% |
| Italy | 1.3 | 2.7 | 6.3 | 9.4 | 93.4% |
| Poland | 7.2 | 8.9 | 0.7 | 6.8 | -1.9% |
| Others | 14.4 | 13.0 | 16.0 | 10.7 | -9.4% |
| Total | 150 | 145 | 191 | 166 | 3.4% |
Top Suppliers of Refrigerator Compressor to Slovakia in 2022:
- South Korea (579.6K units)
- China (553.8K units)
- Germany (469.4K units)
- Italy (315.8K units)
- Poland (35.1K units)
This report provides an in-depth analysis of the refrigerator compressor 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 28132300 - Compressors for refrigeration equipment
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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