Seals; Mechanical Price in Slovakia - 2023

Seals; Mechanical Price in Slovakia (CIF) - 2022

The average seals; mechanical import price stood at $2.2 per unit in 2022, shrinking by -1.5% against the previous year. Over the period under review, the import price faced a abrupt slump. The pace of growth appeared the most rapid in 2014 when the average import price increased by 238% against the previous year. Over the period under review, average import prices attained the peak figure at $8.9 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($4.8 per unit), while the price for Poland ($0.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Seals; Mechanical Price in Slovakia (FOB) - 2022

The average seals; mechanical export price stood at $1.7 per unit in 2022, with a decrease of -60.8% against the previous year. Over the period under review, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by 41%. The export price peaked at $4.4 per unit in 2021, and then reduced dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($7.5 per unit), while the average price for exports to Poland ($0.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.

Seals; Mechanical Imports in Slovakia

In 2022, overseas purchases of seals; mechanicals were finally on the rise to reach 2.6M units after two years of decline. Over the period under review, imports, however, saw a pronounced downturn. Imports peaked at 3M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, seals; mechanical imports rose notably to $5.9M in 2022. In general, imports, however, saw a perceptible curtailment. Imports peaked at $6.8M in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Import of Seals; Mechanical in Slovakia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	1,470	1,210	860	2,075	12.2%
Spain	971	737	647	709	-10.0%
Czech Republic	614	511	1,071	581	-1.8%
France	499	221	248	330	-12.9%
United Kingdom	103	70.3	278	260	36.2%
Poland	164	101	123	114	-11.4%
Mexico	31.7	53.4	70.9	82.6	37.6%
Italy	170	78.2	108	66.7	-26.8%
Others	2,769	3,851	2,003	1,642	-16.0%
Total	6,792	6,833	5,410	5,860	-4.8%

Top Suppliers of Seals; Mechanical to Slovakia in 2022:

Spain (1039.2K units)
Germany (518.8K units)
Poland (287.5K units)
Czech Republic (275.2K units)
United Kingdom (74.4K units)
France (69.1K units)
Mexico (59.9K units)
Italy (24.2K units)

Seals; Mechanical Exports in Slovakia

In 2022, approx. 255K units of seals; mechanicals were exported from Slovakia; which is down by -50.3% on the year before. Over the period under review, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 368%. As a result, the exports reached the peak of 513K units, and then fell rapidly in the following year.

In value terms, seals; mechanical exports fell significantly to $439K in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 505%. As a result, the exports reached the peak of $2.3M, and then contracted rapidly in the following year.

Export of Seals; Mechanical in Slovakia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Czech Republic	97.6	107	124	99.1	0.5%
Austria	13.5	30.8	73.1	55.8	60.5%
Hungary	40.2	32.7	39.8	54.2	10.5%
Slovenia	52.5	58.0	65.0	50.9	-1.0%
Poland	28.9	23.2	34.5	31.5	2.9%
Croatia	25.3	25.2	27.7	21.7	-5.0%
Romania	10.2	17.1	12.0	19.4	23.9%
Germany	4.0	3.7	1,756	8.0	26.0%
Russia	107	7.9	1.3	1.0	-78.9%
Others	52.7	67.1	120	97.9	22.9%
Total	432	372	2,253	439	0.5%