Slovakia: Centrifuges Market 2024

Centrifuges Market Size in Slovakia

The Slovak centrifuges market fell slightly to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, showed a perceptible descent. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Centrifuges Production in Slovakia

In value terms, centrifuges production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, saw a perceptible reduction. The growth pace was the most rapid in 2017 when the production volume increased by X%. Centrifuges production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Centrifuges Exports

Exports from Slovakia

In 2022, shipments abroad of centrifuges decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at X units in 2021, and then fell in the following year.

In value terms, centrifuges exports shrank notably to $X in 2022. In general, exports, however, saw significant growth. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then reduced dramatically in the following year.

Exports by Country

Hong Kong SAR (X units) was the main destination for centrifuges exports from Slovakia, with a X% share of total exports. Moreover, centrifuges exports to Hong Kong SAR exceeded the volume sent to the second major destination, Turkey (X units), twofold. The third position in this ranking was held by Austria (X units), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Hong Kong SAR totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Austria (X% per year).

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

From 2012 to 2022, the average annual growth rate of value to Hong Kong SAR totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Austria (X% per year).

Export Prices by Country

The average centrifuges export price stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the export price recorded a noticeable contraction. The pace of growth was the most pronounced in 2018 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($X per unit), while the average price for exports to Belgium ($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 Hungary (X%), while the prices for the other major destinations experienced more modest paces of growth.

Centrifuges Imports

Imports into Slovakia

Centrifuges imports into Slovakia rose to X units in 2022, growing by X% against the previous year's figure. Over the period under review, imports posted a strong expansion. The pace of growth was the most pronounced in 2019 when imports increased by X%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, centrifuges imports skyrocketed to $X in 2022. In general, imports showed a moderate expansion. The pace of growth appeared the most rapid in 2019 when imports increased by X%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X units), Denmark (X units) and Serbia (X units) were the main suppliers of centrifuges imports to Slovakia, together accounting for X% of total imports. Poland, India, China and the Czech Republic lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of centrifuges to Slovakia, comprising X% of total imports. The second position in the ranking was held by Denmark ($X), with a X% share of total imports. It was followed by Serbia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (X% per year) and Serbia (X% per year).

Import Prices by Country

In 2022, the average centrifuges import price amounted to $X per unit, increasing by X% against the previous year. In general, the import price, however, showed a abrupt shrinkage. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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