Speed Changer Price in Slovakia - 2023
Contents:
- Speed Changer Price in Slovakia (FOB) - 2023
- Speed Changer Price in Slovakia (CIF) - 2023
- Speed Changer Exports in Slovakia
- Speed Changer Imports in Slovakia
Speed Changer Price in Slovakia (FOB) - 2023
The average speed changer export price stood at $12,634 per ton in May 2023, waning by -2.5% against the previous month. Over the period from May 2022 to May 2023, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in December 2022 an increase of 22% month-to-month. As a result, the export price reached the peak level of $13,979 per ton. From January 2023 to May 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was France ($18,675 per ton), while the average price for exports to Spain ($9,291 per ton) 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 the Czech Republic (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Speed Changer Price in Slovakia (CIF) - 2023
In May 2023, the average speed changer import price amounted to $8,553 per ton, increasing by 2.4% against the previous month. In general, the import price saw a mild increase. The pace of growth appeared the most rapid in June 2022 when the average import price increased by 14% against the previous month. The import price peaked at $10,140 per ton in December 2022; however, from January 2023 to May 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($20,615 per ton), while the price for the Netherlands ($1,876 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by India (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Speed Changer Exports in Slovakia
Speed changer exports from Slovakia stood at 45K tons in 2022, increasing by 14% on 2021 figures. In general, exports, however, saw a abrupt downturn.
In value terms, speed changer exports skyrocketed to $566M in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Speed Changer in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 193 | 172 | 189 | 196 | 0.5% |
| United States | 51.1 | 11.3 | 17.3 | 69.6 | 10.8% |
| China | 11.2 | 13.8 | 13.2 | 67.7 | 82.2% |
| Italy | 30.8 | 23.4 | 56.4 | 46.4 | 14.6% |
| Austria | 20.4 | 22.6 | 30.1 | 28.9 | 12.3% |
| South Korea | 9.5 | 1.4 | 2.5 | 27.7 | 42.9% |
| Hungary | 2.8 | 3.0 | 17.0 | 21.6 | 97.6% |
| France | 90.7 | 101 | 14.3 | 12.6 | -48.2% |
| Poland | 8.4 | 8.5 | 11.8 | 9.9 | 5.6% |
| Czech Republic | 11.2 | 8.8 | 8.7 | 8.3 | -9.5% |
| Spain | 69.7 | 9.1 | 6.4 | 7.2 | -53.1% |
| Others | 64.7 | 51.9 | 70.0 | 70.8 | 3.0% |
| Total | 563 | 426 | 437 | 566 | 0.2% |
Top Export Markets for Speed Changer from Slovakia in 2022:
- Germany (15.9K tons)
- China (5.0K tons)
- United States (4.9K tons)
- Italy (4.7K tons)
- Austria (2.6K tons)
- Hungary (1.7K tons)
- Czech Republic (0.9K tons)
- Poland (0.9K tons)
- France (0.9K tons)
- Spain (0.9K tons)
- South Korea (0.7K tons)
Speed Changer Imports in Slovakia
In 2022, speed changer imports into Slovakia skyrocketed to 29K tons, growing by 28% on the previous year. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, speed changer imports soared to $274M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +19.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 39% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Speed Changer in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 51.5 | 52.3 | 64.0 | 102 | 25.6% |
| Italy | 29.9 | 26.8 | 37.1 | 39.9 | 10.1% |
| China | 22.9 | 19.7 | 28.2 | 38.1 | 18.5% |
| South Korea | 8.1 | 3.5 | 17.8 | 32.9 | 59.6% |
| Czech Republic | 11.5 | 13.8 | 18.4 | 15.0 | 9.3% |
| Switzerland | 9.0 | 10.9 | 10.7 | 10.9 | 6.6% |
| Turkey | 2.5 | 2.4 | 5.4 | 6.4 | 36.8% |
| France | 5.8 | 7.2 | 9.5 | 6.2 | 2.2% |
| Austria | 4.6 | 2.9 | 3.3 | 4.2 | -3.0% |
| India | 1.1 | 1.0 | 1.9 | 3.1 | 41.3% |
| Others | 14.4 | 10.2 | 12.2 | 14.4 | 0.0% |
| Total | 161 | 150 | 208 | 274 | 19.4% |
Top Suppliers of Speed Changer to Slovakia in 2022:
- Germany (9.7K tons)
- Italy (7.0K tons)
- China (4.7K tons)
- South Korea (1.8K tons)
- Czech Republic (1.7K tons)
- Turkey (1.0K tons)
- India (0.7K tons)
- France (0.6K tons)
- Switzerland (0.6K tons)
- Austria (0.5K tons)
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