Slovakia: Amplifier Market 2024

Amplifier Market Size in Slovakia

The Slovak amplifier market soared to $X in 2023, rising by X% against the previous year. In general, consumption posted a resilient increase. Over the period under review, the market attained the maximum level in 2023 and is expected to retain growth in the near future.

Amplifier Production in Slovakia

In value terms, amplifier production skyrocketed to $X in 2023 estimated in export price. In general, production, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2022 to 2023, production growth remained at a lower figure.

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Amplifier Exports

Exports from Slovakia

In 2023, overseas shipments of amplifiers decreased by X% to X units, falling for the second year in a row after two years of growth. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of X units. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, amplifier exports contracted modestly to $X in 2023. Over the period under review, exports, however, posted a temperate expansion. The pace of growth was the most pronounced in 2018 with an increase of X%. The exports peaked at $X in 2022, and then dropped in the following year.

Exports by Country

Germany (X units) was the main destination for amplifier exports from Slovakia, accounting for a X% share of total exports. Moreover, amplifier exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X units), fourfold. Spain (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Spain (X% per year).

In value terms, Germany ($X) remains the key foreign market for amplifiers exports from Slovakia, comprising X% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total exports. It was followed by Austria, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Austria (X% per year).

Export Prices by Country

In 2023, the average amplifier export price amounted to $X per unit, growing by X% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, amplifier export price increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2022 an increase of X%. The export price peaked in 2023 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to Portugal ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Amplifier Imports

Imports into Slovakia

In 2023, purchases abroad of amplifiers was finally on the rise to reach X units after two years of decline. Overall, imports recorded a buoyant increase. The pace of growth was the most pronounced in 2019 when imports increased by X%. Imports peaked in 2023 and are likely to see gradual growth in the near future.

In value terms, amplifier imports soared to $X in 2023. In general, total imports indicated modest growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X units), Spain (X units) and China (X units) were the main suppliers of amplifier imports to Slovakia, together accounting for X% of total imports. Morocco, Hungary, Poland and Malaysia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Morocco (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest amplifier suppliers to Slovakia were Spain ($X), Germany ($X) and China ($X), with a combined X% share of total imports. Hungary, Morocco, Poland and Malaysia lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Morocco, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average amplifier import price stood at $X per unit in 2023, approximately mirroring the previous year. In general, the import price, however, recorded a noticeable setback. The pace of growth appeared the most rapid in 2013 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Poland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform