Slovakia - Radio Remote Control Apparatus - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRemote Control Apparatus Price in Slovakia - 2023
Contents:
- Remote Control Apparatus Price in Slovakia (CIF) - 2022
- Remote Control Apparatus Price in Slovakia (FOB) - 2023
- Remote Control Apparatus Imports in Slovakia
- Remote Control Apparatus Exports in Slovakia
Remote Control Apparatus Price in Slovakia (CIF) - 2022
The average remote control apparatus import price stood at $22 per unit in 2022, growing by 37% against the previous year. Overall, the import price posted a slight increase. The pace of growth was the most pronounced in 2021 an increase of 45% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($68 per unit), while the price for Italy ($2.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Remote Control Apparatus Price in Slovakia (FOB) - 2023
The average remote control apparatus export price stood at $19.0 per unit in May 2023, standing approximately at the previous month. In general, export price indicated moderate growth from May 2022 to May 2023: its price increased at an average monthly rate of +3.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2023 figures, remote control apparatus export price decreased by -12.2% against January 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 43% m-o-m. As a result, the export price attained the peak level of $21.7 per unit. From February 2023 to May 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In May 2023, the country with the highest price was Hungary ($27.6 per unit), while the average price for exports to Germany ($8.8 per unit) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.
Remote Control Apparatus Imports in Slovakia
In 2022, purchases abroad of radio remote control apparatus decreased by -59% to 1.3M units, falling for the second consecutive year after two years of growth. In general, imports recorded a sharp contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 41% against the previous year. As a result, imports reached the peak of 3.6M units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, remote control apparatus imports dropped significantly to $28M in 2022. Over the period under review, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 28%. As a result, imports attained the peak of $51M, and then fell dramatically in the following year.
Import of Remote Control Apparatus in Slovakia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 8.4 | 10.4 | 10.5 | 10.5 | 7.7% |
South Korea | 5.3 | 4.0 | 5.4 | 7.5 | 12.3% |
China | 0.3 | 0.6 | 4.1 | 3.9 | 135.1% |
United States | 3.1 | 2.9 | 2.5 | 3.0 | -1.1% |
Israel | N/A | N/A | 0.6 | 1.7 | 183.3% |
Italy | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
Czech Republic | 0.4 | 0.4 | 0.7 | 0.3 | -9.1% |
Others | 20.5 | 21.1 | 26.6 | 1.4 | -59.1% |
Total | 38.3 | 39.7 | 50.8 | 28.5 | -9.4% |
Top Suppliers of Remote Control Apparatus to Slovakia in 2022:
- South Korea (341.0K units)
- Germany (255.5K units)
- China (242.7K units)
- Israel (171.6K units)
- Italy (106.4K units)
- United States (44.4K units)
- Czech Republic (36.6K units)
Remote Control Apparatus Exports in Slovakia
After three years of growth, overseas shipments of radio remote control apparatus decreased by -57.4% to 197K units in 2022. Over the period under review, exports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 64%. As a result, the exports reached the peak of 462K units, and then reduced remarkably in the following year.
In value terms, remote control apparatus exports reduced rapidly to $2.9M in 2022. Overall, exports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 36%. As a result, the exports attained the peak of $5.8M, and then fell rapidly in the following year.
Export of Remote Control Apparatus in Slovakia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | N/A | N/A | N/A | 700 | 0% |
Czech Republic | 291 | 336 | 359 | 586 | 26.3% |
Poland | 322 | 596 | 731 | 420 | 9.3% |
Austria | 387 | 360 | 382 | 334 | -4.8% |
Germany | 355 | 457 | 816 | 306 | -4.8% |
Hungary | 127 | 112 | 109 | 125 | -0.5% |
Ukraine | N/A | N/A | N/A | 24.0 | 0% |
Others | 2,431 | 2,404 | 3,400 | 415 | -44.5% |
Total | 3,914 | 4,266 | 5,798 | 2,911 | -9.4% |
Top Export Markets for Remote Control Apparatus from Slovakia in 2022:
- Germany (48.8K units)
- Argentina (38.8K units)
- Czech Republic (35.5K units)
- Poland (25.0K units)
- Austria (14.7K units)
- Ukraine (8.6K units)
- Hungary (7.4K units)
This report provides an in-depth analysis of the remote control 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 26512080 - Radio remote control apparatus (including for ships, pilotless aircraft, rockets, missiles, toys, and model ships or aircraft, for machines, for the detonation of mines)
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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