Slovakia: Appliance Part Brush Market 2024

Appliance Part Brush Market Size in Slovakia

The Slovak appliance part brush market expanded sharply to $X in 2022, picking up by X% against the previous year. Overall, consumption, however, recorded a slight downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Appliance Part Brush Production in Slovakia

In value terms, appliance part brush production stood at $X in 2022 estimated in export price. In general, production, however, saw a slight descent. Appliance part brush production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Appliance Part Brush Exports

Exports from Slovakia

In 2022, shipments abroad of brushes constituting parts of appliances decreased by X% to X units, falling for the second consecutive year after two years of growth. Overall, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, appliance part brush exports shrank remarkably to $X in 2022. In general, exports, however, posted strong growth. The pace of growth was the most pronounced in 2016 with an increase of X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units), Italy (X units) and Romania (X units) were the main destinations of appliance part brush exports from Slovakia, together accounting for X% of total exports. Poland, Austria, the Czech Republic and Hungary lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for brushes constituting parts of appliances exports from Slovakia, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with an X% share of total exports. It was followed by Romania, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Romania (X% per year).

Export Prices by Country

The average appliance part brush export price stood at $X per unit in 2022, approximately reflecting the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while the average price for exports to Poland ($X 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 the Czech Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Appliance Part Brush Imports

Imports into Slovakia

In 2022, supplies from abroad of brushes constituting parts of appliances decreased by X% to X units for the first time since 2011, thus ending a ten-year rising trend. In general, imports showed a abrupt setback. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of X units, and then dropped dramatically in the following year.

In value terms, appliance part brush imports dropped to $X in 2022. Over the period under review, imports, however, recorded strong growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest appliance part brush supplier to Slovakia, with a X% share of total imports. Moreover, appliance part brush imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), threefold. Austria (X units) ranked third in terms of total imports with a X% share.

From 2020 to 2022, the average annual growth rate of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Austria (X% per year).

In value terms, Germany ($X) constituted the largest supplier of brushes constituting parts of appliances to Slovakia, comprising X% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2020 to 2022, the average annual growth rate of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average appliance part brush import price amounted to $X per unit, rising by X% against the previous year. Over the period under review, import price indicated a significant increase from 2020 to 2022: its price increased at an average annual rate of X% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, appliance part brush import price increased by X% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($X per unit), while the price for Austria ($X per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform