Slovakia: Shaft Coupling Market 2024

Shaft Coupling Market Size in Slovakia

The Slovak shaft coupling market shrank markedly to $X in 2022, dropping by X% against the previous year. In general, consumption showed a abrupt decline. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Shaft Coupling Production in Slovakia

In value terms, shaft coupling production skyrocketed to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Shaft Coupling Exports

Exports from Slovakia

In 2022, approx. X tons of clutches and shaft couplings were exported from Slovakia; with a decrease of X% compared with the previous year. In general, total exports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, shaft coupling exports amounted to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Germany (X tons), Spain (X tons) and Hungary (X tons) were the main destinations of shaft coupling exports from Slovakia, with a combined X% share of total exports.

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

In value terms, the largest markets for shaft coupling exported from Slovakia were Germany ($X), Italy ($X) and Spain ($X), together accounting for X% of total exports.

Germany, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average shaft coupling export price stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

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

Shaft Coupling Imports

Imports into Slovakia

In 2022, shaft coupling imports into Slovakia dropped notably to X tons, with a decrease of X% compared with the year before. Overall, imports, however, enjoyed a temperate expansion. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of X tons, and then declined significantly in the following year.

In value terms, shaft coupling imports dropped significantly to $X in 2022. Over the period under review, imports, however, saw prominent growth. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then reduced notably in the following year.

Imports by Country

Germany (X tons), Italy (X tons) and Spain (X tons) were the main suppliers of shaft coupling imports to Slovakia, with a combined X% share of total imports. Denmark, Poland, China, Hungary, the Czech Republic and Ukraine lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Spain ($X) constituted the largest shaft coupling suppliers to Slovakia, together accounting for X% of total imports. Hungary, the Czech Republic, Denmark, China, Poland and Ukraine lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Denmark, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the average shaft coupling import price amounted to $X per ton, approximately equating the previous year. Overall, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, shaft coupling import price decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Spain ($X per ton) 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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